North Dakota’s workers compensation agency is proposing a 3.3 percent average increase in its rates, starting in July. Agency director Bryan Klipfel says most of the increase is because of North Dakota’s rising wages. The new rates will be applied …
Leavitt Insurance Services of Los Angeles has named Rudi Weinberg senior vice president. Weinberg brings 40-plus years of experience in employee benefits, including group health, dental, vision, 401(k), human resources, and supplemental coverages. He also serves the commercial insurance needs …
To alleviate concerns about homeowner under-insurance, the California Department of Insurance has informed Insurance Journal that it has scheduled a hearing for May 17 in Los Angeles to discuss proposed regulations governing standards and training for estimating replacement value on …
The Hanover Insurance Group Inc. has unveiled expanded offerings for industrial businesses through Hanover Specialty Industrial, which includes Hanover Specialty Industrial Property (HSIP) and Hanover Specialty Insurance Brokers (HSIB). The two businesses work in tandem to provide high-hazard industrial clients …
Insurance broker Marsh has launched a service that enables clients worldwide to monitor the financial condition of their insurance companies at any time. Called Marsh Market Information (MMI), the service addresses what Marsh says is a top concern of clients …
San Francisco-based Woodruff-Sawyer & Co. announced that Matt Healy has joined the firm as vice president, executive benefits and succession planning, in San Francisco. Additionally, Penny Malouf has joined the firm as account executive, employee benefits in the Southern California …
New Jersey-based Western World Insurance Group has announced three management changes. Thomas F. Mulligan has been promoted to president and chief executive officer from executive vice president of underwriting and marketing. Mulligan replaces Andrew S. Frazier who retired at the …
A federal judge in New Orleans has awarded seven plaintiffs from Virginia more than $2.6 million in a consolidated case involving damage to the plaintiff’s homes as a result of the installation of substandard drywall from China. In an opinion …
Washington Gov. Christine Gregoire has signed legislation into law that encourages financial institutions to comply wtih that data security requirements — or face potential liability if a data breach occurs. According to bill text of HB 1149, “Protecting Consumers from …
CRM Holdings Ltd., a Bermuda-based workers’ compensation insurance provider, announced that its primary insurance subsidiary, Majestic Insurance Co., has entered into a quota share agreement with certain subsidiaries of AmTrust Financial Services Inc. AmTrust is a multinational specialty property/casualty insurance …
