Lawmakers in Iowa have sent to the governor a bill increasing penalties for failing to heed school bus warning devices. Kadyn’s law is named after Kadyn Halverson, a 7-year-old girl who was killed in May when she was hit by …
An annual report from the Workers’ Compensation Insurance Rating Bureau of California shows that for the second consecutive year statewide workers’ compensation premiums levels rose in 2011, but that continually growing costs of claims has eroded statewide underwriting results. The …
The Oklahoma Attorney General’s Office has set a Sept. 13 deadline for residents to apply for compensation under the state’s $18.6 million settlement with five mortgage lenders, the Associated Press reported. Oklahoma forged an agreement with five of the nation’s …
The Risk & Insurance Management Society is applauding the New York appeals court for upholding the broker disclosure rule. “Consumers deserve the same transparency and information from their insurance brokers that is required of any other financial entity in order …
The International Association of Insurance Supervisors (IAIS) announced that its timetable with the Financial Stability Board (FSB) to develop a means to identify “global systemically important insurers,” or “G-SII’s” for additional regulation has been delayed. It is now looking towards …
Insurance broker Arthur J. Gallagher & Co. has acquired Human Resource Management Systems LLC in Naperville, Ill. Terms of the transaction were not disclosed. Established in 1997, Human Resource Management Systems (HRMS) is an employee benefit insurance broker that offers …
A South Dakota sheriff’s deputy and former insurance producer who pleaded guilty in an insurance fraud case has been sentenced to about 2 1/2 months in jail and 2 1/2 years of probation. Forty-two-year-old Rob Hotchkiss of Delmont was accused …
State records show that alcohol-related deaths from traffic crashes in New Mexico rose slightly. Preliminary Traffic Safety Bureau records indicate 146 people were killed in highway crashes involving alcohol in 2011. That’s up from 145 in 2010, but down from …
Hawaii is adding more money to an electric vehicle rebate program and extending the deadline for the rebates. State officials said Tuesday that because of an increase in demand for electrical vehicles, $350,000 is being added for rebates on new …
Hawaii Civil Defense officials are still compiling damage totals from recent days of wild weather, but preliminary figures show the state will likely qualify for federal disaster assistance. Heavy rains flooded roads, caused sewage spills and other problems. Parts of …
