February 21, 2012
The business of selling earthquake insurance to homeowners may have just gotten a bit easier. The California Earthquake Authority has launched its annual “Marketing Value Program,” in which the quasi-private earthquake insurer encourages agents to sign up to receive at …
February 21, 2012
South Carolina employers could see their workers’ compensation premiums increase next year if state regulators go along with a proposed 7.3 percent increase in the state’s loss cost rates. The National Council on Compensation Insurance filed for the proposed increase …
February 21, 2012
USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., announced two additions to the New York Metro team: Robert Reers as president and Susan Fanciullo as senior vice president of operations. As president, Reers will …
February 21, 2012
Phil Ellis, the CEO of Willis Global Solutions Consulting Group, called on the insurance industry “to innovate rapidly to address the glaring gap that exists for reputational risk cover.” Speaking at a seminar -The Risk Frontiers Conference – in London, …
February 21, 2012
The Louisiana Department of Public Safety and Corrections agreed last week to modify its sexual harassment policies and training as part of a settlement with the Justice Department, which accused the state department of discriminating against an employee who complained …
February 21, 2012
An Oregon jury has awarded $25 million in punitive damages in the death of a Salem smoker whose family sued tobacco company Philip Morris USA over its low-tar cigarettes. The award is the second time a jury has considered punitive …
February 21, 2012
A state appeals court has upheld a class-action lawsuit filed by servers at several San Francisco Bay area Hooters restaurants in Northern California. The 1st District Court of Appeal denied a request by the restaurants’ owners that the case be …
February 21, 2012
In a move that Republicans contend will make Missouri more attractive to businesses, the state Senate has approved legislation to expand the workers’ compensation program. The measure, SB572, approved with a largely party-line 28-6 vote, would cover occupational diseases under …
February 21, 2012
Legislation that would prevent teenage drivers from using cell phones while driving has cleared a Senate panel. The Senate Public Safety Committee voted 6-2 last week for the bill, Senate Bill 182, which now heads to the full Senate. The …
February 21, 2012
State safety inspectors are investigating the cause of a dramatic blaze at Washington’s largest oil refinery Friday near Blaine, as BP launched its own review into why it happened. The fire broke out in the sole crude processing unit at …