February 10, 2008
The North Carolina Labor Department says workplace deaths dropped 29 percent statewide in 2007, down to 46 from 65 the year before. The leading cause of workplace death was being crushed, with those accidents having claimed 18 lives last year. …
February 10, 2008
A Mississippi couple whose lawsuit over Hurricane Katrina damage to their home ended with a jury verdict that favored the insurance company said they have no plans to file an appeal in the case. An eight-member jury ordered USAA Casualty …
February 10, 2008
Officials arrested 47 Floridians so far in a statewide, three-day operation, targeting 84 individuals for various insurance fraud charges, according to Florida Chief Financial Officer Alex Sink. The arrests, which took place from Pensacola to Miami, involve alleged fraud schemes …
February 10, 2008
In an effort to make the Mississippi Insurance Department more accessible to the state’s coastal residents, Mississippi Insurance Commissioner Mike Chaney opened the department’s new office in Gulfport, Miss. “The department is opening this office full time, as a service …
February 10, 2008
A North Carolina Firefighters’ group petitioning for mandatory safety measures in certain new residential construction believe a recent ruling by the state’s Building Code Council to hold-off pending further study came too quickly. Wes Greene, chief of the Mooresville, N.C. …
February 10, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Collector Vehicles Nuts & Bolts: Markel American Insurance Co. has introduced a collector vehicle insurance …
February 10, 2008
Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s property/casualty business. Swiss Re …
February 10, 2008
Former Ace Ltd. CEO and Chairman Brian Duperreault has stepped down from the Bermuda-based insurer to assume to role of president and CEO of Marsh & McLennan Companies Inc. Duperreault replaces Michael Cherkasky, who had been president and CEO since …
February 10, 2008
It’s now official — a judge has ordered a group of Tennessee restaurant owners to pay $4.8 million into a workers’ compensation fund that was mismanaged. About 500 Tennessee Restaurant Association members will have to pay thousands each to shore …
February 10, 2008
Federal watchdog advises how employers can avoid charges of discrimination in hiring procedures Employers often use tests and other selection procedures to screen applicants when hiring and evaluating employees for promotion. In fact, there has been an increase in employment …