July 20, 2011
The Willis Research Network (WRN), the academic and analysis arm of Willis Group Holdings, has founded the Willis Research Network Economic Capital Forum at Georgia State University (WRN-ECF) with partners at Risklab, ETH Zurich and the Risk Management Institute, National …
July 20, 2011
Texas Highway Patrol troopers arrested 1,406 intoxicated drivers during a special July 4 holiday enforcement program from June 27 through July 6 across the state. Of the 1406 arrests, 575 were made by troopers whose patrols were funded through a …
July 20, 2011
Wholesale insurance broker Burns & Wilcox has promoted Kasey Vaughn to branch manager of its Morehead City, North Carolina office. Vaughn has been a personal lines underwriter for the past 11 years with Burns & Wilcox. Headquartered in Michigan, Burns …
July 20, 2011
In an overview of his first six months on the job, Ohio Bureau of Workers’ Compensation Administrator/CEO Stephen Buehrer said he has identified three primary areas improvement: reducing medical and indemnity costs that are outpacing national averages; reducing recent increases …
July 20, 2011
Mother Nature wrecked havoc along the Front Range and southeastern Wyoming last week — again living up to the region’s weather reputation as “hail alley.” The Rocky Mountain Insurance Information Association estimates insured damage to cars and homes in Colorado …
July 20, 2011
Tom Donovan has been appointed deputy director of the Idaho Department of Insurance. He assumes his new responsibilities Aug. 15. Donovan has acted as lead attorney for the department by assignment from the Attorney General’s office since 1999. He fills …
July 20, 2011
A new ordinance bans pit bull terriers and other types of dogs inside the limits of an eastern Arkansas city. Members of the Trumann City Council have approved the ordinance barring American pit bull terriers, Staffordshire bull terriers, American Staffordshire …
July 20, 2011
A $750 million Louisiana hurricane recovery program that doles out money for home elevations is being criticized for ineffective management and monitoring by the state agencies that oversee it. The Louisiana Legislative Auditor released its review of the Hazard Mitigation …
July 20, 2011
Missouri Gov. Jay Nixon on July 19 outlined plans to allot $122 million in state and federal aid to rebuild homes hit by a devastating tornado in Joplin. The money could start flowing soon to owners of single-family homes needing …
July 20, 2011
California passed legislation this week that will allow the state to implement provisions in a new federal surplus lines insurance law. The federal Nonadmitted and Reinsurance Reform Act of 2010 (NRRA), which becomes effective on July 21, 2011, requires states …