November 25, 2009
Texas-based risk management, executive compensation and benefits and corporate governance firm, NIP Inc., has acquired Retirement Capital Group (RCG), an executive compensation and benefit plan provider headquartered in San Diego, Calif. RCG, founded in 2002 by William MacDonald, has additional …
November 25, 2009
Despite the complexities of the nation’s worst economic downturn in decades, some Louisiana-based companies are showing surprising growth. The state recently has seen its count of homegrown Fortune 500 companies sprout to three: power provider Entergy Corp., engineering-construction company The …
November 25, 2009
The Alaska Supreme Court ruled a former prison guard at the Anchorage Jail deserves workers’ compensation for the psychological problems he suffered after being threatened by a convicted killer 15 years ago. The court referred Carl Kelly’s case back to …
November 25, 2009
The New York State Insurance Department is proposing new regulations for no-fault auto insurance coverage in Empire State, in a move the state’s top regulator says will help reduce fraud. “We have to be vigilant in protecting the pocketbooks of …
November 25, 2009
A Republican state senator in Ohio wants to prohibit the nation’s largest state-run injured worker insurance program from providing benefits to illegal immigrants, a change he said should lower business premiums. State Sen. Bill Seitz of Cincinnati said he was …
November 25, 2009
A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in handling hurricane claims. Daniel S. Rosenbaum, the managing partner of …
November 25, 2009
New Jersey-based Patterson-McKenna Insurance Agency Inc. (PMA) has joined Bollinger Insurance brokerage. The agency provides a wide array of commercial, personal and employee benefits insurance services to its more than 900 business clients and 2500 families and individuals. It also …
November 25, 2009
Boston-based insurance brokerage William Gallagher Associates (WGA) has named Jamie T. Balboni as the new head of its Property & Casualty Practice Balboni is a principal at the firm with over 25 years of experience in the insurance brokerage industry. …
November 25, 2009
A riding lawn mower may have four wheels, a powerful engine and can cost as much as a used car. If it’s stolen, however, the Georgia Supreme Court concluded that it’s not a motor vehicle. The 4-3 decision overturned the …
November 25, 2009
A special legislative session to reconsider a pending change to workers’ compensation insurance requirements in Tennessee should only take place if there’s a consensus among lawmakers, Gov. Phil Bredesen said. Meanwhile, Republican House Speaker Kent Williams of Elizabethton sent an …