February 19, 2009
West Virginia gives its insurance commission a lot of leeway when it comes to regulating workers’ compensation coverage. But pending legislation could change that. The House majority whip and judiciary chairwoman are among the sponsors of a bill that would …
February 19, 2009
The Oregon Senate has voted to increase the amount of compensation paid to the families of workers killed on the job. Senate Bill 110 increases aid to the college-age children of single parents who lose that parent in a workplace …
February 19, 2009
Reno, Nev., police say efforts to target busy intersections for traffic and safety enforcement is paying off with few serious crashes. Police Lt. David Evans says in 2008, statistics show fatal accidents declined 35 percent, while injury crashes were down …
February 19, 2009
Montana State Auditor-elect Monica Lindeen has appointed Laura McGee assistant deputy insurance commissioner in the State Auditor’s Office. McGee, who graduated from Browning High School, is an enrolled member of the Blackfeet Tribe. “She shares my commitment to ensuring Montanans …
February 19, 2009
The family of a Denver man hit by a train near Las Vegas, N.M., has sued, contending his line of sight was blocked and he could not see an approaching Amtrak train. Fred Stark, who had come to Las Vegas …
February 19, 2009
There’s a move afoot in Pierre to change South Dakota’s damage disclosure law for motor vehicles. SB98 would require vehicle titles to contain a statement as to whether the vehicle had been damaged in excess of 40 percent of its …
February 18, 2009
Members of the Surplus Line Association of California (SLA) elected John Edack as their chairman during the SLA 2009 Annual Meeting held January 29 in Beverly Hills, Calif. Edack is the executive vice president of Arch Specialty Insurance Agency Inc. …
February 18, 2009
Writedown woes hit European insurers again on Tuesday as life insurers Legal & General Plc and Aegon NV predicted more companies would default on loans, sending insurance shares down. Legal & General more than doubled its credit default reserves to …
February 18, 2009
A.M. Best Co. has downgraded the issuer credit ratings (ICR) and senior debt ratings to “b-” from “b” of Kingsway Financial Services Inc. (KFSI) (Mississauga, Ontario) and Kingsway America Inc. (KAI) (Elk Grove Village, IL). In addition, A.M. Best has …
February 18, 2009
Police say a Long Island man whose car was outfitted with an anti-drunken-driving device rented another car and crashed it while intoxicated. Police say 27-year-old Marvin Rice, Junior, of Shirley, lost control of a rental car in Brentwood Sunday morning …