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

Employers Holdings To Announce Q2 Earnings Aug. 5

Reno, Nev.-based Employers Holdings Inc., whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s second quarter 2010 financial results during a conference call and webcast Thursday, Aug.5, 2010, at 10:30 a.m. PDT. …

Ex-Chicago Bear Scores Big With Workers’ Comp

Former Chicago Bears tight end Gabe Reid never caught a touchdown pass during his three-year National Football League career, but he has caught hundreds of thousands of dollars from the Illinois Workers Compensation Commission. Reid was awarded $325,000 after suffering …

Ohio Auto, Homeowners Insurance Rates Increase Slightly in 2009

Ohio Department of Insurance Director Mary Jo Hudson announced that the average rates for the state’s top 10 private passenger auto insurers increased 2.8 percent in 2009. The average rates for the state’s top 10 homeowners increased by 9.7 percent …

Louisiana Insurance Commissioner: Legislative Session Successful

Louisiana Commissioner of Insurance Jim Donelon reports that the recent state legislative session was successful for insurance bills, as far as the Louisiana Department of Insurance is concerned. A large number of bills in the LDI’s package of proposed measures …

Brown & Brown Q2 Profit Up 1.3%

Florida-based insurance agency Brown & Brown Inc. reported that it earned net income for the 2010 second quarter $41,185,000, an increase of 1.3% from the $40,668,000, for the 2009 second quarter. Total revenue for the quarter ended June 30, 2010 …

Analysis: Perfect Storm Brewing for Louisiana Economy

In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there’s very little that the state can do: The tally …

New Specialty Insurance and Weather Brokerage Launched in Minnesota

Milltown Insurance Group, a new specialty insurance and weather brokerage in Lakeville, Minn., recently was opened for business by Dana D’Arrigo. The firm specializes in niche property and casualty program business and provides solutions for smoothing revenues, locking in profits …

Despite Soft Market, Texas Agencies Manage to Grow

They’re all different — one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of the state and have different mixes of business, but these Texas-based independent insurance agencies have one thing in common: …

Poll: More New Jersey Drivers Are Texting

More New Jersey motorists surveyed say they’re texting behind the wheel and speeding. But the Garden State residents believe New York motorists are the worst drivers. Some 25 percent of New Jersey motorists surveyed in a Fairleigh Dickinson University’s PublicMind …

Queens Contractor Arrested for Workers’ Comp Fraud

The New York State Insurance Fund said a Queens contractor who allegedly defrauded the workers’ comp insurer of more than $150,000 in uncollected premium has been arrested. Queens contractor on grand larceny and workers’ compensation fraud charges for allegedly defrauding …