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

Workers’ Comp Reform Approved in Illinois Senate

A plan to overhaul workers’ compensation to cut business costs and curb corruption emerged May 28 and was approved by the Illinois Senate. The measure, which came after six months of negotiations and now heads to the House, would slash …

Okla. Regulator Warns Residents About Risks of Leaving Children in Vehicles

Oklahoma Insurance Commissioner John Doak warned the state’s residents on Thursday about the fatal dangers of leaving unattended children inside vehicles. Doak said, “2010 was a record year for hyperthermia deaths of children in the United States, with 49 youngsters …

Oregon Senate Passes Insurance Fraud Bill

The Oregon Senate has passed a bill that makes insurance fraud in claims a crime. According to the insurance fraud bill, SB 401, fraud warnings would be mandatory on policies, noting that presenting a fraudulent claim for an insurance benefit …

Homeowners of America Insurance Names Rosentraub CFO

Homeowners of America Insurance Co., based in Irving, Texas, has named Michael C. Rosentraub as chief financial officer. Rosentraub has over 20 years of experience in the insurance and financial services industries in the United States, Europe, and Asia. Prior …

Colo. Governor Approves Workers’ Comp Reforms

Colorado Gov. John Hickenlooper has signed legislation approving state workers’ compensation reforms. Senate Bill 11-199, sponsored in the House by James Riesberg, D, and sponsored in the Senate by Lois Tochtrop, D: Requires an employer to admit liability for reasonable …

Insurance Professionals of Los Angeles Names New Officers

The Insurance Professionals of Los Angeles, Inc, (IPLA), a local chapter of the National Association of Insurance Women, International, has installed its officers for the 2011/2012 term. They are: President Cynthia Andrachick of Wells Fargo Insurance; President Elect- Mari Haliday …

Wood Gutmann & Bogart Insurance Names Focardi Loss Control Manager

Tustin, Calif.-based Wood Gutmann & Bogart Insurance Brokers has named Theresa Focardi loss control manager. She will service customers in loss reduction and safety implementation. Focardi has 14 years of loss control and safety experience in the both the private …

Is Human Error in Workplace Preventable? Maybe

If a worker makes a mistake that leads to an accident, should that employee take the blame? Maybe not, according to Indiana University of Pennsylvania Safety Sciences professor Jan Wachter. Wachter believes that human error in the workplace, while not …

Bankruptcy Court Approves Summit Media Rescue Plan

A court has approved a plan of reorganization for Summit Business Media Holding Co., parent of The National Underwriter Co. and other publications, which filed for bankruptcy protection in January when it was $252 million in debt. Overall the plan …

Florida Wildfire Danger High Heading Into Memorial Day Weekend

The danger of wildfire is very high throughout Florida due to lack of rain, low humidity and windy conditions. Jim Karels, director of the Florida Division of Forestry at the Department of Agriculture and Consumer Services, issued a warning about …