July 9, 2010
North Dakota Insurance Commissioner Adam Hamm has barred a Grand Forks man and his insurance company from doing business. The cease and desist order was issued against David Glessner and MAG Insurance LLC. They are accused of improperly using money …
July 9, 2010
Louisiana Workers’ Compensation Corporation (LWCC) announced tthat it will implement an overall rate reduction of 4.1 percent beginning Oct. 1, 2010. This marks the sixth consecutive year that LWCC has reduced overall rates, and it comes on the heels of …
July 9, 2010
U.S. Health Secretary Kathleen Sebelius, who has bashed insurers over rate increases, is seeking their help in making medical coverage accessible for more patients in the years before major reforms take effect. Sebelius, in an interview with Reuters, said she …
July 9, 2010
U.S. companies that partner with hospitals and other health providers could face steep fines if they disclose private patient information under a new federal rule proposed Thursday. Billing companies, customer service contractors and other businesses regularly handle private health records, …
July 9, 2010
Reed Insurance Agency based in New Windsor, New York has joined the Satellite Agency Network (SAN) Group Inc. Agency Owner Kevin Reed and Matt Masiello, president and chief operating officer of New Hampshire-based SAN Group, announcing the move, said the …
July 9, 2010
A new study from the U.S. Chamber of Commerce shows that small businesses shoulder a sizable burden of the nation’s tort liability costs, having paid $105.4 billion in 2008— a third of it out of their own pockets. According to …
July 9, 2010
CNA Financial Corp. has opened its newest branch office in Birmingham, Alabama. The office is one of five new branches the global business insurer has opened or will open within the past year. Kent Skidmore, recently appointed branch vice president, …
July 9, 2010
Imperial Sugar has agreed to pay more than $4 million in fines for safety violations at its Georgia refinery where a dust explosion killed 14 workers in 2008, federal regulators said. The settlement with the U.S. Occupational Safety and Health …
July 9, 2010
The Insurance Accounting and Systems Association Inc. (IASA) has elected Craig S. Lowenthal as president of the association. Lowenthal, a social media strategist for Pennsylvania-based Glatfelter, has been a technology professional for 25 years, and focused in the insurance industry …
July 9, 2010
Marsh’s UK office announced senior appointments to its Scottish National Corporate business, which provides risk and insurance advice for mid to large size corporations. They follow Marsh’s acquisition of HSBC Insurance Brokers, completed on April first [See IJ web site …