May 21, 2009
Brenda Wallace joined Atlanta, Ga.-based Risk Innovations’ workers’ compensation division. Wallace has more than 25 years insurance experience including more than 20 years working with a national insurance carrier. Most recently, Wallace worked with a national workers’ comp broker. Wallace …
May 21, 2009
Missouri Transportation Director Pete Rahn says legislation repealing the state’s motorcycle helmet law for adults “makes no sense” and that Gov. Jay Nixon should veto it. Lawmakers during their annual session that ended last week approved a bill that would …
May 21, 2009
The 2009 Atlantic hurricane season will be fairly average with as many as seven hurricanes expected to form, U.S. government forecasters predicted Thursday. The National Oceanic and Atmospheric Administration forecast nine to 14 named storms this season, with four to …
May 21, 2009
Cedar Rapids, Iowa-based United Fire & Casualty Company announced that four directors have been elected for full terms on the company’s 13-member board, Brad M. Sayre was appointed an assistant vice president, and John A. Rife is retiring as president …
May 21, 2009
Republicans have pushed another issue to a statewide vote to counter a gubernatorial veto – this time a plan to require Senate confirmation of Workers’ Compensation Court judges. The Oklahoma Senate gave final approval to a joint resolution referring the …
May 21, 2009
The work to repair damage from last month’s tornado in Mena, Ark., has brought a building boom to the western Arkansas city at a time when most construction crews are feeling the effects of the recession. Three people were killed …
May 21, 2009
As it girds for hurricane season, Texas has plenty to worry about. The Texas Windstorm Insurance Association (TWIA) – which provides coverage for high risk coastal properties – has ended up at the brink of insolvency paying Hurricane Ike claims. …
May 21, 2009
Los Angeles felt a 4.1 magnitude earthquake over the weekend, emphsizing the need for consumers to prepare for disaster and evaluate their individual needs for earthquake insurance. “Disaster will strike when you least expect it,” said California Insurance Commissioner Steve …
May 21, 2009
The Board of Bermuda-based IPC Holdings Ltd. Has rejected a sweetened takeover bid by Validus Holdings Ltd. The Board backed its Max Capital Group deal, once again turning down overtures by the hostile suitor. Validus had slightly sweetened its hostile …
May 21, 2009
Aon has issued a bulletin calling on the P&I Clubs – ‘Protection & Indemnity’ mutual associations that provide liability coverage for most of the world’s marine transport – “to remove their war risks exclusion to give ship owners greater coverage …