February 20, 2012
U.S. communications, media, and technology (CMT) companies can expect their insurance market conditions to further deteriorate in 2012, continuing a trend that began in the second half of 2011, according to a report published by broker Marsh. Large natural catastrophes …
February 20, 2012
The insurance industry had 5,300 net job gains in December 2011 compared to November 2011, according to the latest industry-specific data published by the federal government this month. The U.S. Labor Department’s Bureau of Labor Statistics found that overall, the …
February 20, 2012
The company that built the stage ahead of last summer’s deadly Indiana State Fair collapse appeared to be indifferent to safety standards, the state Department of Labor said in a report released Feb. 8, 2012. The agency cited Mid-America Sound …
February 20, 2012
The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) also concludes that while loss costs are higher for older workers …
February 20, 2012
A West Virginia company is working on a piece of equipment designed to keep miners safer. Trinity Resources, headquartered in Putnam County, demonstrated its mobile mine safety chamber recently at the West Virginia Mining Symposium in Charleston. The device resembles …
February 20, 2012
Minds of Their Own “Livestock have minds of their own.” – Nebraska Sen. Ken Schilz of Ogallala, author of a bill that would require drivers who hit livestock on Nebraska roads to have a higher burden of proof in showing …
February 20, 2012
A series of crashes into storefronts in an Indiana community has left a trail of property damage, but the drivers responsible are likely still behind the wheel because of Indiana’s policies on restricting driver’s licenses. Some of the five storefront …
February 20, 2012
Ohio Attorney General Mike DeWine said U.S. District Court Judge Deborah A. Batts’ approval of a $725 million securities class action settlement against American International Group Inc (AIG) and certain individual directors and officers, which clears the way for three …
February 20, 2012
The Virginia Supreme Court has granted rehearing of a closely followed legal case involving climate change coverage, The AES Corp. vs. Steadfast Insurance Company. The court said on Jan. 17 that its previous decision on the case has been “set …