A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Thomsen Associates Insurance Services of Newport Beach, Calif. Baker, Thomsen Associates Insurance Services, with annualized revenues of approximately $1.4 million, focuses 100 percent on employee benefits for …
The application of fair value accounting measurements to an inactive, illiquid, and disorderly market for structured credit products helped fuel the worldwide credit crisis, an organization of major insurers and reinsurers told the U.S. Financial Accounting Standards Board (FASB). While …
Minnesota’s Commerce Commissioner has issued a rate order approving a 2.6 percent increase in the overall level of the assigned risk rates for workers’ compensation insurance. The increase is effective April 1, 2009, according to the Minnesota Workers’ Compensation Insurers …
In the latest of a series of problems involving Interstate 40 through Oklahoma City, a hole opened in a bridge over the North Canadian River Dec. 29, forcing the closure of two eastbound lanes while crews repaired the damage. This …
Staring tomorrow, homeowners and commercial building owners in Pennsylvania can take advantage of substantially lower rates for mine subsidence insurance, making it more affordable to protect against catastrophic damage should an abandoned mine beneath their property collapse without warning, according …
It may be a little harder to keep cigarettes lit in Oklahoma next year. Jan. 1 is the effective date for legislation passed last session requiring that cigarettes sold in Oklahoma comply with fire safety standards. The paper on these …
Teenage drivers in Arkansas have a higher rate of traffic fatalities than any other category of drivers in the state, and the AAA wants the state to further restrict driving by young people. The AAA, formerly the American Automobile Association, …
A rail safety group plans a campaign to reduce Ohio’s relatively high numbers of pedestrians and vehicles struck by trains. Operation Lifesaver says Ohio ranks 7th with 113 crashes involving trains that left eight people dead and 40 injured last …
Fatal motor vehicle crashes are on the rise for the second year in a row according to the New Hampshire Department of Safety. The numbers released on Monday include all fatalities from Jan. 1 to Dec. 22, 2008. A fatality …
Cooling temperatures and falling Winooski River water levels have all but eliminated the threat of flooding in Montpelier, Vermon — for now. The river’s depth, which had risen because of an ice jam, dropped by 8 inches overnight and was …
