September 9, 2010
Oregon’s Department of Consumer and Business Services announced that on average, workers’ compensation rates for 2011 will remain flat. The pure premium rate will decrease 1.8 percent in 2011, but the department is proposing a 1.8 percentage point increase in …
September 9, 2010
Tropical Storm Hermine, which swept through Texas on Sept. 7 and into Oklahoma on Sept. 8, surprised forecasters by retaining tropical storm strength long after it was expected to decline. The storm resulted in extensive flooding, several funnel cloud sightings …
September 9, 2010
Direct General Corp., Nashville, Tenn., announced today that it has named Carey D. Benson, 59, former AutoOne Insurance Chief Executive Officer, as its new President & CEO, effective immediately. Mr. Benson takes over for Dan Tarantin, who will continue to …
September 9, 2010
City of Hope’s Midwest Committee of the National Insurance Industry Council (NIIC) is hosting Aim to Strike Out Cancer, an evening of networking for insurance industry leaders along with fun, non-competitive bowling on Sept. 30. The event will be held …
September 9, 2010
North Carolina Insurance Commissioner Wayne Goodwin has received the 2010 workers compensation rate filings from the North Carolina Rate Bureau, the organization that represents the state’s workers compensation insurance companies. The filings requested an average increase of 1.2 percent in …
September 9, 2010
A state lawmaker attributes West Virginia’s high rate of disabled workers to smoking and other poor health habits. Sen. Dan Foster, D-Kanawha, told the Charleston Daily Mail that the state’s high smoking and obesity rates contribute to other health issues, …
September 9, 2010
When hurricanes and tropical storms hit the North Carolina coast, it can give pause to residents and also to those considering moving close to the ocean. But does it do the same thing to businesses? Coastal geography “is always a …
September 9, 2010
Commonwealth Automobile Reinsurers, which oversees Massachusetts’ residual market for auto insurance, has appointed two members to its governing committee. The new committee members are Joseph P. Leahy Jr., a principal of Leahy & Brown Insurance and Realty in Springfield, and …
September 9, 2010
New York excess line brokers must soon renew their business entity licenses if they want to avoid possible licensing delays later this year, the Excess Line Association of New York (ELANY) said. All business entity licenses for excess line brokers …
September 9, 2010
Florida Chief Financial Officer Alex Sink announced today the culmination of an extensive insurance fraud investigation with the arrest of Luis M. Espinosa, 60, and Rene M. Cambert, 55, on eight first degree felony counts each for filing false or …