May 8, 2008
Legislation requiring an expert opinion confirming professional negligence before a lawsuit can be filed is headed to Oklahoma Gov. Brad Henry after final passage in the House of Representatives. House Bill 2458 would require a plaintiff in a civil lawsuit …
May 8, 2008
Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to ‘A+’ from ‘A’. S&P also affirmed its ‘AA-‘ counterparty credit and financial strength ratings on Mercury Casualty Co. …
May 8, 2008
The Louisiana House Transportation committee has voted to approve a bill under which the state would stop forcing adult motorcyclists to wear helmets. Instead bikers would be required to undergo safety training before getting a license. Rep. Mert Smiley’s bill, …
May 8, 2008
An Oklahoma state legislator who partially owns two nursing homes that have been cited for health and safety violations said his facilities struggle with the same issues faced by every nursing home. Hugh Robert, executive director of the Oklahoma Center …
May 8, 2008
New carriers in the Massachusetts auto insurance market will be exempt from high risk assignments for their first two years under an amended rule approved by Massachusetts Insurance Commissioner Nonnie Burnes. The original rule had permitted a delay period of …
May 8, 2008
Young agents today face a number of challenges, including the soft market, a downturn in the economy and learning the skills necessary to become a profitable and successful agent, while the industry continues to struggle with attracting new recruits. Neal …
May 8, 2008
Texas-based National Insurance Partners Inc., a risk management, corporate governance and financial solutions firm, and Siesko Partners LLC, a corporate insurance and risk services firm headquartered in New York, announced a strategic partnership to develop new insurance products to serve …
May 8, 2008
The Central Oklahoma Chapter of CPCU has elected new officers for 2008 – 2009. Leading the group for the coming year will be: President Robert Sisco of Mercury Insurance Group; Vice President David Alston, Mercury Insurance Group; Treasurer Tammy Armer …
May 8, 2008
Louisiana Workers’ Compensation Corporation (LWCC) has hired Sam Matcha as project management and business analysis manager. In this position, Matcha will oversee project management for the company, including defining, testing and implementing information technology projects and serving as a liaison …
May 8, 2008
Conectiv Energy and three subcontractors will pay $1.65 million to settle a discrimination lawsuit filed by four black workers in Pennsylvania who said they were subjected to racial slurs, Ku Klux Klan graffiti and a noose that was left hanging …