June 22, 2009
Gov. Pat Quinn has signed legislation designed to make health insurance coverage for workers laid off from small businesses more affordable. Under federal legislation, people who formerly worked at firms of 20 employees or more are eligible for a subsidy …
June 22, 2009
Arkansas Insurance Commissioner Jay Bradford announced the arrest of Rickey Lynn Warren of Hensley, a former a licensed insurance agent charged with insurance fraud. Warren is accused with taking checks totaling $2,125 for workers’ compensation insurance, as well as general …
June 22, 2009
A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Nigeria’s Continental Reinsurance Plc, both with stable outlooks. “The ratings reflect Continental Re’s insufficient although improving risk management and insufficient security …
June 22, 2009
As more travelers take to the road for summer vacations, the California Highway Patrol is warning all drivers — motorcyclists included — to take road safety seriously California Highway Patrol (CHP) Commissioner Joe Farrow noted that the Golden State is …
June 22, 2009
The California Legislature is scheduled to hear at least two bills this week pertaining to insurance. SB 39 Torts: Personal Liability Immunity would clarify that disaster service workers who perform disaster services during a state of emergency are not liable …
June 22, 2009
Florida Insurance Commissioner Kevin McCarty announced that the Office of Insurance Regulation and the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) have agreed to work together on sharing and coordinating regulatory duties regarding insurance issues that could affect consumers in Germany and …
June 22, 2009
Law enforcement officials on June 19 served multiple search warrants to former employees and director of the California State Compensation Insurance Fund. Erica Derryck, spokeswoman for the San Francisco District Attorney’s office, said her office, the California Highway Patrol, the …
June 22, 2009
An ammonia leak Saturday at a poultry processing plant in North Carolina killed one worker and injured four others, authorities said. Sheriff Kenneth Sealey said the leak occurred about 10 a.m. Saturday at the Mountaire Farms plant in Robeson County …
June 22, 2009
The UK’s Brit Insurance Holdings PLC, a Lloyd’s and London market insurer, has confirmed that it has made a proposal to the board of Chaucer Holdings PLC in relation to a possible offer for the entire issued and to be …
June 22, 2009
A construction worker is recovering after a concrete ramp in a Buffalo, New York parking garage collapsed as he operated a compact construction vehicle. Authorities say 47-year-old Timothy Skalski was driving a payloader in the downtown building when the ramp …