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

Connecticut Insurance Licensing Going Paperless

Applying for insurance licenses in Connecticut is about to become a paperless experience. Connecticut Insurance Commissioner Thomas B. Leonardi announced that beginning Aug. 1, 2011, applications for licensing will be accepted and processed only online on the department’s Web site, …

Green Joins UK’s Miller Facultative Re Team

UK Broker Miller Insurance Services Limited announced that it has appointed Andrew Green “to further enhance its global facultative reinsurance capability.” Mike Papworth, Head of Facultative Reinsurance, noted Green’s “strong reputation in the London market,” adding that his expertise “will …

China Accounting Scandals Put Big Four Auditors on Red Alert

The string of accounting problems and stock plunges at publicly traded Chinese groups has sparked deep concerns across the world’s biggest audit firms, putting the so-called Big Four on alert from worries that their reputation could be brought down along …

Banks, Insurers Move Closer to Deal on Greek Bailout

Banks and policymakers moved closer to a deal on Friday to help Athens secure funds ahead of a parliamentary vote on austerity next week that Greek Prime Minister George Papandreou must win to avert default. Despite a refusal by the …

Canada, Other Countries Block Asbestos from UN Hazardous List

Chrysotile asbestos will not be listed as a hazardous industrial chemical that can be banned from import after countries including Canada and Ukraine blocked consensus, a United Nations spokesman said on Friday. The decision was taken at a meeting of …

Arrowhead Wholesale Insurance Names Bleasdale Broker

Arrowhead Wholesale Insurance Services of San Diego has named Kathy Bleasdale assistant vice president. She will work as a broker working remote in Northern California. Bleasdale has more than 20 years of insurance experience.

Oklahoma Lawmaker Seeks Study on Day Care Insurance

Oklahoma state Rep. Mike Shelton has requested a legislative study to determine if the state can enact policies that result in all day care centers having liability insurance. “In recent years, we have made significant strides in getting more day …

Private Sector Fuels May Job Growth in Louisiana

The private sector continued to lead non-seasonally adjusted nonfarm job growth in May for the state and in most of Louisiana’s metropolitan statistical areas (MSAs), the Louisiana Workforce Commission has reported. The Bureau of Labor Statistics (BLS) survey of Louisiana …

Texas Takes 26.5% of ‘Roadchecked’ Commercial Vehicles Out of Service

During the recent 72-hour Roadcheck 2011 program, the Texas Department of Public Safety and other Texas law enforcement agencies inspected 7,993 commercial vehicles. Of the vehicles inspected, 26.5 percent were placed out of service for safety violations, the DPS reported. …

New York Approves Deregulation of Large Commercial Insurance Products

New York insurers and insurance agents are applauding lawmakers for giving final approval to a bill that eases regulations on commercial insurance products and rates. The bill exempts insurance policies written for large commercial businesses from most rate and form …