Monthly Archives: <span>March 2011</span>

Preferred Concepts Launches Auto Industry Division

Preferred Concepts, LLC, a national insurance program administrator, has established an automotive industry underwriting unit, SeaFire Insurance Services a division that initially will specialize in franchise auto dealers, independent auto dealers, mechanical repair and collision repair facilities. SeaFire will provide …

Missouri Senate Endorses Change in Workplace Bias Law

Legislation revising parts of Missouri’s laws on workplace discrimination is moving through the state Senate. The chamber gave first-round approval to a bill changing the legal standard people must meet when they file suit claiming they were fired for discriminatory …

Illinois Governor Still Backs Obama’s Health Insurance Law

Illinois has forged ahead with implementing the nation’s new health care law with support from its Democratic governor. Just back from a national governors meeting in Washington, Gov. Pat Quinn started reviewing a plan to roll out key components of …

Mississippi Passes Bill to Speed Workers’ Compensation Appeals

The Mississippi Senate has passed a bill making it easier to appeal a decision of the state Workers’ Compensation Commission. Currently, an appeal of a commission decision or award is appealed to circuit court and then, if necessary, to the …

Colorado’s Pinnacol Assurance CEO Stripped of 2010 Bonus

The board of insurance company Pinnacol Assurance has voted to strip CEO Kenneth Ross of his bonus for 2010. The Denver Post reports the board of the state-chartered workers’ compensation insurer made its decision Mar. 2 regarding the $163,115 bonus. …

Local California Fire Chief Unaware of Gas Line Before Explosion

Until a deadly explosion south of San Francisco last year, local firefighters had no idea there was a large gas transmission pipeline underneath their town — a recurring problem in pipeline accidents, federal safety officials said this week. Pacific Gas …

Judge Denies Class Action Status in South Dakota Med Mal Lawsuit

A federal judge has refused to expand a lawsuit beyond the seven people who are suing a South Dakota urology clinic and its owners. The plaintiffs sought to make it a class action suit representing more than 6,000 patients. The …

Kortebein Joins Fireman’s Fund Insurance as SVP, Chief Actuary

California-based Fireman’s Fund Insurance Co. reported that Christian Kortebein has joined the company as senior vice president and chief actuary. In this role, Kortebein will report to the chief financial officer and be responsible for setting direction and priorities for …

Liberty Mutual Hiring 100 for Boston IT Center

Insurer Liberty Mutual says it will hire 100 new employees in connection with the launch of a new Information Technology Development Center in Boston The positions are a mixture of entry level and experienced roles for software developers, project managers …

North Carolina Senate Approves Cap on Malpractice Awards

Limits on medical liability lawsuits, including a cap on certain jury awards, cleared the North Carolina state Senate this week in legislation that Republican backers argue will keep malpractice insurance premiums stable and attract more doctors to practice in North …