June 10, 2010
Gov. Brad Henry has signed legislation requiring Senate confirmation of his nominees to the Workers’ Compensation Court that was similar to a measure he vetoed last year. Henry signed the legislation June 8 along with a second bill involving workers’ …
June 10, 2010
Federal and state agencies have approved more than $4.6 million in the past five weeks to help people recover from tornadoes, floods and severe storms this spring in Mississippi. Of that total, more than $3.5 million has been approved by …
June 10, 2010
Home and condominium insurer Olympus Insurance Co., which in April came under scrutiny by Florida insurance regulators, has convinced the regulators that its financial contracts, accounting methods, reinsurance program and claims-paying ability are satisfactory. The state Office of Insurance Regulation …
June 10, 2010
A judge has struck down a higher motor vehicle fee charged to trucking and insurance companies, saying it violates Ohio’s constitution. Lawmakers last year raised the fee on certified copies of driving records from $2 to $5, a move intended …
June 10, 2010
Imagine you live in a town where anyone who dines out is required to buy a $200 bottle of champagne with their meal. That sounds crazy, but it is essentially what is happening to insurers in Michigan, where they are …
June 10, 2010
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. The 2-1 ruling by the Wisconsin Court of Appeals …
June 10, 2010
Insurance Commissioner Mike Geeslin will join panelists for a discussion of the implementation of the new Patient Protection and Affordable Care Act at the Independent Insurance Agents of Texas 113th Annual Conference on June 15 at the Omni Hotel in …
June 10, 2010
Alaska, Hawaii and North Carolina get thumbs up while New Jersey, New York and Florida get thumbs down for their tort liability costs in the latest ranking by a free-market think tank. The states with the worst performance had the …
June 10, 2010
Pennsylvania-based PMA Capital Corp. has been acquired by Old Republic International Corp. in a stock-swap transaction valued at around $365 million. The transaction is expected to close in the third quarter, pending approval by PMA’s shareholders, and regulators. PMA Capital …
June 10, 2010
Yolande Sprague could be forgiven for feeling virtuous. Four years ago, just after giving birth to her second child, the Dover, new Hampshire stay-at-home mom heard about BPA, a chemical inside some plastics that can leach into water or food …