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

Meteorologists Confirm Tornado Touched Down in Northwest Ohio

Two of the three tornadoes that traveled through northwest Ohio early on May 31 destroyed homes and left a path of debris, meteorologists said. The National Weather Service said one tornado with winds up to 130 mph touched down just …

Texas Workers’ Compensation Commissioner Resigning

Texas Department of Insurance Division of Workers’ Compensation Commissioner Albert Betts will resign his post effective Aug. 31, 2008, the insurance department announced. Betts was appointed as the first commissioner of the Division of Workers’ Compensation at the Texas Department …

Grindle Named VP for Colemont’s Hartford Office

Colemont Insurance Brokers has promoted Gary Grindle to vice president of the firm’s Hartford, Connecticut office. Grindle joined the Dallas, Texas-based brokerage in 2005 from Guilford Specialty Group, where he served as regional underwriting manager. Prior to that, he was …

New Purchasing Group for Texas Lodging Industry Launched

Texas Mutual Insurance Company has partnered with Hilb, Rogal and Hobbs (HRH) to offer a workers’ compensation purchasing group for hotels, motels, bed and breakfasts, and hospitality groups. Members of the Texas Lodging Group (TLG) get a premium discount, an …

North Dakota Workers’ Comp Disability, Survivor Benefits to Rise

Some North Dakota workers’ compensation benefit recipients will see a 5.6 percent increase next month. Workforce Safety and Insurance says it is the largest yearly inflation adjustment in at least 20 years. The increase applies to people who get permanent …

Best Affirms Travelers ‘A+’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Travelers Insurance Companies and its P/C members. Best also affirmed the debt ratings of “a-” on senior debt, “bbb+” …

Texas Begins Test of Uninsured Driver Verification Program

A coalition of Texas state agencies on June 2 launched a 60-day test of TexasSure, a program aimed at reducing the number of uninsured drivers in the state. The program was initiated in the Austin area and is a joint …

Fitch Affirms State Farm’s ‘AA+ Ratings; Stable Outlook

Fitch Ratings has affirmed its ‘AA+’ Insurer Financial Strength (IFS) ratings on State Farm Mutual Automobile Insurance Company, State Farm Life Insurance Company and State Farm Life and Accident Assurance Company. The outlook for all of the ratings is stable. …

Connecticut Labor Agency Reports Losing Unemployment Files

Connecticut labor officials say records with confidential information on about 2,100 people have been lost and might have been mistakenly shredded. The files contained copies of letters informing applicants that they were ineligible for the unemployment insurance. They were dated …

Colorado Researchers Predict 8 Atlantic Hurricanes, 4 Major

Weather researcher William Gray’s team is calling for eight hurricanes in the Atlantic this year, four of them major. The forecast calls for a very active season, with 15 named storms. The revised outlook from the Colorado State University researchers …