Monthly Archives: <span>May 2010</span>

Tornado Shelter Legislation Killed in Oklahoma Senate

The Oklahoma Senate has killed a bill that would have required owners of mobile and RV parks to provide tenants with a plan to seek shelter. The bill’s author, State Rep. Pat Ownbey, praised a mobile home park south of …

Tardy Greek Debt Bailout Spreads Financial Crisis beyond Europe

Last weekend the leaders of the European Union finally realized that their dithering over a financial aid package for Greece had imperiled the entire continent’s financial structure. They acted to stem the tide by adopting – subject as usual to …

Oklahoma’s Price Gouging Statute in Effect Following Storms

Oklahoma Attorney General Drew Edmondson said the state’s price gouging law is in effect in 56 Oklahoma counties following Gov. Brad Henry’ declared a state of emergency for those areas devastated by severe storms on May 10. Oklahoma’s Emergency Price …

Study: Calif. Workers’ Comp Claimants Getting Care They Want

Division of Workers’ Compensation releases latest study on access to medical care in California’s workers’ compensation system Injured workers are getting the care they need, according to a recent study on access to medical care in teh California workers’ compensation …

Florida Workers Compensation Rates to Drop Again

Workers compensation insurers writing in Florida have filed for an average 4.2 percent rate decrease. This marks the eighth decrease in workers compensation rates since 2003. The cumulative overall statewide average decrease in workers compensation rates will be 64.7 percent …

United Farm Bureau of Indiana Ratings Affirmed; Countryway Downgraded

A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the United Farm Bureau of Indiana Group (the Group) and two members, United Farm Family Mutual Insurance Company (Mutual) …

MEMIC’s Leonard to Chair of Workers’ Comp Organization

John T. Leonard, president and CEO of Maine-based workers’ comp insurer the MEMIC Group, has been elected chairman of the National Council on Compensation Insurance Inc. (NCCI). NCCI is the a key ratemaking organization in the workers’ compensation insurance industry. …

New Jersey Court Reverses Ruling in Insurance Records Case

A New Jersey court has found that records of settlements reached by insurance companies on behalf of government entities should be open to the public. In 2008, lawyer Mark Cimino asked used the state’s Open Public Records Act to request …

Indiana’s MJ Insurance Named a 2010 ‘Top Workplace’

MJ Insurance, a privately-held insurance agency based in Indianapolis, Ind., has been named one of Indiana’s Top Workplaces 2010 by The Indianapolis Star. The Top Workplaces program recognizes the leading workplaces in Central Indiana and is an honor determined solely …

Francis L. Dean & Associates Opens Indiana Office

Sports, leisure and entertainment risks insurance provider Francis L. Dean & Associates Inc. has opened a new location in Fort Wayne, Ind. Francis L. Dean & Associates of Indiana LLC is the company’s sixth location. It will provide underwriting, product …