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

Willis Research Network, Georgia State Team up for Economic Capital Models

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 …

Texas Troopers: Special Enforcement Gets Drunk Drivers Off Roads

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 …

Burns & Wilcox Promotes Vaughn in North Carolina

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 …

Ohio Workers’ Comp Administrator Cites Successes, Areas for Improvement

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 …

Hailstorms Result in 50,000 Claim Filings in Colorado, Wyoming

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 …

Idaho Insurance Department Names Donovan Deputy Director

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 …

Arkansas Town Passes Ordinance Banning Dog Breeds

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 …

Audit: Louisiana Home Elevation Program Improperly Monitored

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 …

Missouri Governor Pledges Home-Rebuilding Aid in Joplin

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 …

California Surplus Lines Bill Signed Into Law

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 …