Monthly Archives: <span>April 2008</span>

Redman: From Insurance Salesman to Atlanta’s Starting Quarterback

Think playing quarterback is tough? Try selling insurance. “I thought the NFL was a cutthroat business,” Chris Redman joked Wednesday, coming off the field after a two-hour practice with the Atlanta Falcons. “Let me tell you, the insurance business is …

Judge Bars Mississippi Law Group from Katrina-related State Farm Case

A group of attorneys once affiliated with Mississippi tort lawyer Richard “Dickie” Scruggs was disqualified Wednesday from a case that accuses an insurance company of racketeering in its handling of policyholder claims after Hurricane Katrina. The Katrina Litigation Group’s team …

Supreme Court Hears West Virginia Flood Lawsuit Arguments

Lawsuits seeking damages from timber, mining and land companies for devastating 2001 floods should be revived, lawyers representing hundreds of southern West Virginia residents told the state Supreme Court on Wednesday. But attorneys for more than 100 defendants in the …

Cambridge General Agency Reducing Contractors Rates in California

California-based Cambridge General Agency has obtained lower rates for the following classes in California: carpentry interior, carpentry NOC, concrete construction, debris removal, electrical work within buildings, excavation, floor covering installation, janitorial, masonry and plastering or stucco work. The company says …

Masles Takes Helm of Commercial Lines Insurance Placement at Networked

Grass Valley, Calif.-based Networked Insurance Agents has appointed Melissa Masles to vice president of placement. Masles will oversee the company’s commercial lines placement operations. Before moving to Networked, Masles served as senior vice president for Personal Insurance in Chubb’s western …

Aon Hires Four Insurance Industry Veterans for Honolulu Office

Aon Corp. a risk advisor and insurance broker, today announced that Marcus Kim, Janet Ng, Jeff Case and Frank Wirt have joined the company’s Honolulu office. “Marcus Kim, Janet Ng, Jeff Case and Frank Wirt have proven brokerage experience and …

Study: Workers’ Comp Costs Per Claim in North Carolina Rising Rapidly

Workers’ compensation costs per claim in North Carolina grew 6-14 percent annually throughout the study period, according to the Workers Compensation Research Institute. The Cambridge, Mass.-based WCRI study of 14 states found that double-digit growth in medical costs per claim …

Okla. High Court Upholds Employer Responsibility in Comp Claim

The Supreme Court of Oklahoma on April 15 upheld a finding by a previous three-judge panel that an employer is liable for an injury sustained by an employee of the company’s subcontractor because the principal employer had failed to verify …

Mass. to Hear Mapre Takeover of Commerce Insurance on May 1

Massachusetts officials will hear tesimony on May 1 on the proposed acquisition of the state’s largest auto insurance writer, Commerce Insurance, and its sister company, Citation Insurance, by the giant Spanish insurer Mapfre. Completion of the merger, proposed last October, …

Mass. Workers’ Comp Rates Cut 1%

The Patrick Administration announced an agreement in the 2008 workers’ compensation rate setting proceeding that will save Massachusetts businesses $11 million. The new rates average to a 1.0 percent reduction per employer and mark the ninth time rates have decreased …