April 8, 2010
Legislation reforming the Oklahoma’s workers’ compensation court and system has passed a state House of Representatives committee. Reform of the state’s workers’ compensation has been a priority for the state’s lawmakers, especially the Republicans. Senate Bill 1973, by Rep. Dan …
April 8, 2010
McQueary Henry Bowles Troy LLP (MHBT) recently named Fred Pecina and Jeremy Sandusky as partners in the agency. Pecina is based in the firm’s Fort Worth office and Sandusky works in the firm’s Dallas office. Pecina, previously the director of …
April 8, 2010
To help companies during a crisis situation, Fireman’s Fund announced a new crisis management coverages for admitted commercial umbrella policies. The crisis management response costs endorsement provides a sublimit of $250,000 for response costs to a crisis management event, regardless …
April 8, 2010
Gov. Charlie Crist says he will veto any legislation that raises homeowners insurance rates. “If a bill gets to my desk that favors the insurers, I will veto it,” Crist told a group of Realtors convening at the state capital. …
April 8, 2010
Florida insurance officials have moved to shut down Northern Capital Insurance Co. after concluding that the firm is insolvent. The Office of Insurance Regulation (OIR) made an official request to the state’s Department of Financial Services (DFS) to initiate delinquency …
April 8, 2010
Massachusetts-based insurer The Hanover has completed its acquisition of the Campania Group, which specializes in insurance coverage for the healthcare industry. Campania Group, based in Virginia provides professional and general liability solutions for a range of durable medical equipment suppliers …
April 8, 2010
CNA has appointed two vice presidents in its Parsippany, N.J. and Philadelphia branches. Scott Simonson will be vice president in Parsippany. He has 17 years of insurance experience, and previously served as regional vice president for The Hartford in its …
April 8, 2010
A Knox County man whose house caught fire in January has received a $19,000 firefighting bill. WVLT-TV reported Chris Curl was flabberghasted at the charge, but Rural/Metro Fire Chief Jerry Harnish says such charges are common. The station reported Curl …
April 8, 2010
Tower Australia Ltd will be interested in buying the “well-run” Australian business of AIA if it comes up for sale, as it moves into the fast-growing group insurance sector, Tower’s chief executive said on Thursday. “It is something we will …
April 8, 2010
The company that owns the West Virginia mine where at least 25 workers died in the worst U.S. mining disaster for a quarter century puts profits ahead of workers welfare, some former employees said Wednesday. Questions have been raised about …