People
WFL, an insurance and risk services agency headquartered in St. Louis, Mo., has added three new executives – Terry Reams, Mark Latini and Beth Grellner – to its top management team. As chief operating officer, Reams leads efforts to expand …
Ohio: Temporary Disability Compensation Can Include Concurrent Wages
The Supreme Court of Ohio has ruled that wages from a second job may be used to calculate an injured worker’s average and full weekly wages in determining temporary total disability compensation for an injury he sustained on the first …
Important Questions to Analyze a Business’s Preparedness
On its Web site, www.disastersafety.org, the IBHS suggests the following questions may help in analyzing a business’s disaster preparedness level. Are you concerned that your normal business operations might be interrupted by a natural or human-caused disaster? Have you determined …
Wisconsin Court: Insurers Must Help With Fox River Paper Mill Cleanup
Two companies that once insured Appleton Papers Inc. are liable for $10 million toward the cleanup of the Fox River after a court decision on June 8, the firm’s lawyer said. Attorney Ron Ragatz says the ruling by the Wisconsin …
Storm Management
The Atlantic hurricane season forecasts are in and they aren’t pretty. All the major forecasters have predicted the season will be much more active than last season. The National Oceanic and Atmospheric Administration (NOAA) expects an “active to extremely active” …
Declarations
Waitress or Entertainer? “This really is the cornerstone of civil rights: You can’t discriminate based on appearance.” —Richard Bernstein, an attorney for two former waitresses in Michigan who said Hooters fired them because of their weight, told a newspaper the …
State Farm Won’t Add New Flood Policies
State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies and that State Farm agents will continue to help their customers …
It Figures
175 Weather experts say the tornado that killed five people in Ohio in early June had wind speeds of up to 175 mph. The National Weather Service estimated the tornado to be a 4 on the 0-to-5 scale for rating …
The Great Unbundling
Rightly or wrongly, the six-year-old battle over the payment of contingent commissions is reshaping the way the insurance-selling industry gets paid. It’s a practice that, at least for the big brokers, is vanishing. It’s a change that in some circumstances …
Declarations
Two in the Bush? “It is incredibly unfair to put people in this position. It’s amazing, really, that it’s even come to this, almost a decade after 9/11.” —Former New York Police Officer Glen Klein, one of more than 10,000 …
