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

National Alliance, Univ. of Central Ark. to Offer Insurance Designation

The National Alliance for Insurance Education & Research, in partnership with the University of Central Arkansas, will offer the University Associate Certified Insurance Counselor (UACIC) designation for university students, which not only provides them a designation before they graduate, but …

Workers’ Comp Payments for Medical Care Exceed Cash Benefits in 2008

The rising cost of medical care and increased use of medical services led to a jump in workers’ compensation payments for medical care and cash benefits for U.S. workers in 2008. Workers’ comp payments for medical care and cash benefits …

Indiana Insurance Commissioner Carol Cutter Dies

Indiana Insurance Commissioner Carol Cutter passed away Sept. 6 in Indianapolis, the National Association of Insurance Commissioners has announced. “We are deeply saddened to hear of the passing of our colleague, Indiana Insurance Commissioner Carol Cutter. Carol brought a wealth …

North Carolina Apple Farmers Like Better Crop Insurance

North Carolina apple growers say they are happy to learn about proposed changes in federal crop insurance that would better protect them from a catastrophic loss. The Times-News of Hendersonville reported about two dozen Henderson County apple growers attended a …

JM Associates Names Tateossian as Vice President

New Jersey-based JM Associates has named Jean-Baptist Tateossian as vice president. Tateossian previously served as vice president with American Home, a division of AIG based in New York, where he oversaw excess casualty underwriting divisions. He also held various insurance …

New York Indicts Seven for Workers’ Comp Fraud

New York investigators have arrested seven people for workers’ comp fraud as part of a three-county sweep in Upstate New York. In one instance, the investigators used surveillance video to record a Poughkeepsie man, Nicholas Fortuso, walking freely for nearly …

Federal Reform Seen Having Moderate Impact on Health Spending

U.S. health spending is projected to reach nearly $4.6 trillion by 2019, growing at an average annual rate over the next decade of 6.3 percent, according to economists at the Centers for Medicare and Medicaid Services (CMS). By 2019, health …

Navigators Rebrands Retail Logistics Unit; Names Kritz President

Navigators Management Co. Inc. has rebranded its retail brokerage division presently known as Navigators Logistics Insurance Services. The division will now be called iTrade Risk & Insurance Services. The company said retail unit will have outlets in five cities and …

Highway Deaths Lowest Since 1950

Highway deaths fell to 33,808 in the U.S. for the year 2009, the lowest number since 1950. The decline in traffic fatalities occurred even while estimated vehicle miles traveled in 2009 increased by 0.2 percent over 2008 levels, according to …

Michigan Bill Would Allow Police to Give New Roadside Drug Tests

A proposal would allow Michigan police to use new, portable drug testing kits when they suspect a motorist is under the influence of substances other than alcohol. Legislation to allow the roadside drug tests was introduced this week in the …