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

July Enforcement Actions in Texas Result in $500K in Fines

Enforcement actions taken by Texas Commissioner of Insurance Mike Geeslin in July 2008 include nine license revocations, four license denials and fines and restitution totaling $539,814. Copies of Geeslin’s orders may be obtained by contacting the Texas Department of Insurance …

Smoking Rate Falls Dramatically Among Minnesotans

Findings from the latest Minnesota Adult Tobacco Survey (MATS), released today, show that Minnesota is making significant progress in reducing tobacco use. The survey, conducted by ClearWay Minnesota(SM), Blue Cross and Blue Shield of Minnesota and the Minnesota Department of …

Texas Work Comp Division Encourages Crane Safety in Wake of Accidents

Recent construction crane accidents causing injuries and accidents in Texas and elsewhere have prompted the Texas Department of Insurance to urge employers and employees to use safety precautions when operating cranes. In July, four Texas workers were killed and seven …

North Dakota Awarded $5 Million Construction Contract for Flood Project

The Army Corps of Engineer says it has awarded a $5 million construction contract for a Fargo, North Dakota flood project. The corps says the contract is going to Rising Sun Construction, Inc., of Fargo for a project in the …

Selective Insurance Appoints Slader, White

Selective Insurance Co. announced that Laurie A. Slader has been appointed assistant vice president for actuarial reserving and Jacqueline B. White is now assistant vice president, commercial small business leader. Slader joined New Jersey-based Selective in January 2006 as an …

Hanover Adds Employer Liability Insurance to Small Business Policy

The Hanover Insurance Group, Inc., a super regional property and casualty company, is now including employment practices liability insurance (EPLI) coverage as an endorsement to every eligible new and renewal Avenues Commercial Package Policy (CPP). This new endorsement promises to …

Weldin Stewart Wins Primary for Delaware Insurance Post

Karen Weldin Stewart surprised many political observers by winning the Democratic primary for the post of Delaware insurance commissioner. The former state insurance department deputy receiver beat Gene Reed Jr., the candidate backed by the Democratic Party establishment. She received …

Reinsurers Seeking Sidecars to Ride Out Next Big Storm

As Hurricane Ike takes aim at the Gulf of Mexico, triggering memories of 2005’s devastating storms, reinsurers see temporary underwriting vehicles as the solution to their capital needs in the event of “the Big One” — a disaster costing them …

Former New York Regulator Pietroluongo Joins Cambridge Group

A longtime veteran of the New York State Department of Insurance, Louis “Lou” Pietroluongo, has been tapped as vice president of Business Relations for The Cambridge Group headed by Barry Goldwater, Jr., president. During his service with the New York …

Neary Joins Insurance Broker Lockton in Washington, D.C.

Brian Neary has joined insurance broker Lockton in Washington, D.C. as a vice president and producer in the firm’s employee benefits consulting practice. Prior to joining Lockton, Neary was a with Mercer Health & Benefits in Washington, serving as a …