Monthly Archives: <span>March 2012</span>

Oklahoma Leaders Shelve Plan for Insurance Exchange

Oklahoma legislative leaders said on March 8 they are shelving a plan to comply with the new federal health care law by setting up a state health insurance exchange. In a joint statement, House Speaker Kris Steele and Senate President …

Missouri Senate Passes Workplace Discrimination Measure

The Missouri Senate has given final approval to legislation aimed at changing the state’s rules for lawsuits that deal with workplace discrimination. Senators backed the bill in a 23-8 vote along party lines, sending it to Democratic Gov. Jay Nixon, …

Audit Questions $7B in Illinois Insurance Contracts

A new audit finds serious problems with the way Illinois awarded $7 billion in contracts last year for state employees’ health insurance. Auditor General William Holland said in a recently released report that Illinois awarded Blue Cross Blue Shield contracts …

Roberts Joins Roach Howard Smith & Barton

Dallas-based Roach Howard Smith & Barton, an independent insurance brokerage firm, has added David Roberts as vice president. He joins the sales team in the Fort Worth office specializing in commercial insurance and risk management. Roberts has 10 years’ experience …

Florida’s Citizens Assessment Rate to Change Under New Law

Florida lawmakers have approved a bill that reduces the assessment rate of the state-run property insurer to give policyholders more time to retire deficits. The bill would also reduce the financial pressure on the insurer, which would no longer have …

Do Agency Management Benchmarks Work?

I have been analyzing agencies for a long time and I believe it is extremely safe to say that no two agencies are the same. At least I have never found two agencies to be the same. This is the …

Hiscox Appoints Walter as U.S. CEO; Head as Chief Underwriting Officer

Hiscox made a number of changes to its U.S. Management Team, appointing a new CEO and chief underwriting officer for Hiscox USA. Ben Walter, current chief operating officer of Hiscox USA has been promoted to CEO effective April 1, 2012. …

Encharter Insurance Opens New Office in Connecticut

Encharter Insurance, an independent agency with several offices in Massachusetts and Connecticut, announced the opening of a new insurance office in Cheshire, Conn. The new Cheshire office is the fourth Connecticut location for the agency. The agency has three locations …

Penn. Encourages Consumers to Buy Flood Insurance as Spring Approaches

Pennsylvania insurance regulators are encouraging homeowners to consider buying flood insurance before the start of spring, citing the higher risk of severe flooding during warmer months. Pennsylvania is one of the most flood-prone states in the nation and flooding can …

Philly Man Gets $25K From City Over Gun Stops

A gun-rights advocate stopped by police for openly carrying a weapon will settle his lawsuit against the city of Philadelphia for $25,000. Mark Fiorino’s lawyer says the suit wasn’t about money, but about retraining police on open-carry laws. Fiorino, a …