The head of Colorado’s state-created workers’ compensation insurance company says the organization could do a better job if it were privatized. CEO Ken Ross told state lawmakers that Pinnacol Assurance has paid $347 million in dividends to policyholders since it …
A measure that would dole out nearly $457,000 in state funds to pay legal fees for a doctor who was accused of killing patients stranded at a New Orleans hospital after Hurricane Katrina is one step from final legislative passage. …
After the Texas Legislature adjourned without reuthorizing the Texas Department of Insurance, Gov. Rick Perry stated he was considering other options to facilitate the continuing operation of TDI besides a special legislative session. However, a special session will likely occur …
Roanoke, Ind.-based American Specialty Insurance & Risk Services Inc., a wholly-owned subsidiary of Brown & Brown Inc., announced that Taffy F. Troup, the company’s senior vice president of Administration and Operations, was recently named Insurance Professional of the Year at …
Massachusetts-based medical liability insurance company Medical Professional Mutual Insurance Co., known as ProMutual, will acquire medical liability insurer and risk management company FinCor and its subsidiaries. ProMutual, a member of ProMutual Group, said it is is acquiring Lansing, Michigan, based …
Wisconsin Gov. Jim Doyle, has signed into law Senate Bill 20, which enhances discrimination protections for workers in the state. The bill requires employers with more than 15 employees who are convicted of engaging in discriminatory employment practices to pay …
Private Client Group, a division of AIU Holdings, has introduced Private Client Select, an insurance offering designed specifically for affluent individuals who qualify for Private Client Group’s traditional property/casualty insurance program, but whose complex needs require protection not readily available …
The IMA Financial Group Inc., a diversified financial services company specializing in insurance, asset and risk management, added Marcia Benshoof as president of IMA of Colorado. Prior to joining IMA, Benshoof served as chief business officer for Pinnacol Assurance for …
Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB+’ long-term counterparty credit rating to Beazley PLC, the Jersey-domiciled and Irish-tax resident, ultimate holding company for the Beazley group. S&P also affirmed the ‘BBB+’ counterparty credit rating on …
“As exhilarating as social networking tools like Twitter can be, they also raise a variety of legal issues concerning the right of publicity,” says intellectual property attorney Jonathan Faber. An Indiana University School of Law-Indianapolis professor, Faber is also founder …
