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

Leavitt Recreation & Hospitality Names Burdick as New Program Underwriter

Leavitt Recreation & Hospitality Insurance (LRHI) has named Mitch Burdick as the new program underwriter for their RV park and campground program. Burdick has been with the agency since 2006 as a producer and account manager on risks throughout the …

Budd Joins USG in Pennsylvania

Pennsylvania-based wholesaler USG Insurance Services has hired James Budd as an underwriter and broker in its Canonsburg office. Budd, a 30-year industry veteran, most recently served as senior account executive with DVUA, He has also held positions with Transamerica and …

Nationwide Settles Dispute Over Alabama Employees’ Retirement Plan

Alabama state employees who relied on a deferred compensation plan from Nationwide Retirement Solutions will receive $16 million in a settlement of lawsuits over millions in fees that were paid to a lobbying group for state workers. State Attorney General …

Alabama City Denies Workers’ Compensation for Injured Off-Duty Cop

Montgomery Mayor Todd Strange said the city is not able to grant workers’ compensation benefits to the family of injured police Cpl. David Brown. The family filed a lawsuit against the city seeking the benefits for the officer, who was …

South Carolina Deadly Sofa Store Fire Preventable, Says Study

If modern model building codes and sprinkler requirements had been enforced, the fire that took the lives of 9 firefighters and gutted the Sofa Super Store in Charleston, South Carolina in 2007 could have been prevented, a federal study has …

Massachusetts Awards $653K in Training Money

Massachusetts has awarded $653,000 in grant money that will be used to provide safety training to nearly 11,000 workers in the state. The money will go to 62 organizations across the state, according to the Department of Industrial Accidents (DIA), …

Judge Schedules Motions in State Farm Whistleblower Suit in MIssissippi

A federal whistleblower lawsuit filed against State Farm Fire & Casualty Co. will not go to trial Dec. 1 as scheduled. Instead, U.S. District Court Judge L.T. Senter Jr. has decided to hold a status conference on the case that …

Congressional Gridlock on Financial Reforms Expected After Elections

If Republicans make big gains in U.S. Congressional elections on Tuesday, as expected, Wall Street and big banks will have sweet, but incomplete, revenge on Democrats who drove through sweeping financial reforms against industry opposition. The likeliest outcome of Democrats …

Tropical Storm Shary on Track to Hit Bermuda by Tonight

The 8:00 a.m. AST bulletin from the National Hurricane Center in Miami placed the season’s latest tropical storm, Shary, around 220 miles (355 kms) south–southwest of Bermuda. The storm, which coalesced from a tropical depression last night, packs maximum sustained …

Lockton: Commercial Lines Capacity ‘Remains Plentiful’

Underwriting capacity remains plentiful across most lines of commercial insurance and there are no significant insurance coverage restrictions, despite major losses associated with the Deepwater Horizon spill and the Chilean earthquake, according to a recent market report. In its Market …