January 28, 2010
Steve Cooper has been appointed president of United Heartland, a national workers’ compensation insurer based in New Berlin, Wis., and a subsidiary of Accident Fund Holdings Inc. Cooper succeeds Emil Pfenninger, who has led United Heartland since its founding in …
January 28, 2010
New Hampshire’s highest court has ruled that state lawmakers cannot raid $110 million in reserves from the Joint Underwriting Association, which underwrites medical malpractice insurance in the state. The Supreme Court decision, released this morning, upholds a lower-court decision that …
January 28, 2010
Traffic fatalities in New York City fell to the lowest level last year in nearly a century. Mayor Michael Bloomberg said Wednesday there were 256 traffic deaths in 2009, the fewest since records started being kept in 1910. One category …
January 28, 2010
A prolonged soft market coupled with the worst economic period since the Great Depression as well as uncertainty related to national health care reform, caused insurance brokerage buyers and sellers to struggle with how to effectively carry out their growth …
January 28, 2010
President Barack Obama’s comments on increasing trade and doubling exports to boost the U.S. economy go in the right direction, the head of the World Trade Organization said on Thursday in Davos. Pascal Lamy, director-general of the WTO, told reporters …
January 28, 2010
Michigan lawmakers took a key step this week toward prohibiting the use of cell phones to send or read text messages while driving, but some say the measure is watered down and wouldn’t do enough to crack down on distracted …
January 28, 2010
Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services, the global risk management and insurance brokerage business of Aon Corp. The company launched its 17th annual Political …
January 28, 2010
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid the Government of Haiti US $7,753,579 following the Magnitude 7.0 earthquake which struck close to Port-au-Prince on January 12, causing damage of catastrophic proportions. The payment is the “full amount due …
January 28, 2010
Law enforcement agents from Britain and Iceland searched the premises of Icelandic insurer Exista HF on Tuesday in a probe related to the trading of shares in other companies. The company said Tuesday its offices in Reykjavik were searched by …
January 28, 2010
The Montana state auditor’s office has reached a settlement with an employee who left the office last year after accusing Deputy Auditor Walt Schweitzer of illegally soliciting political contributions from co-workers. Under the agreement with Auditor Monica Lindeen, Laura McGee …