A New York-based business association warns that two bills currently before the State Legislature could rollback cost savings created in the 2007 workers’ compensation reforms.According to The Business Council of New York State, S.3749-C/A.5183 would allow an injured employee to …
The Florida Association of Insurance Agents installed its new officers and board members for the 2012-2013 at its 108th Annual Convention and Educational Symposium. John C. Laurie has been named as the new FAIA chair for 2012-2013. Laurie has previously …
Chartis has increased its commercial property per-risk capacity to $1.5 billion on a worldwide basis. This level of capacity had previously been available to Chartis’ North American domiciled clients, underwritten by Lexington Insurance Co. The increased global capacity now supports …
Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent …
Parents or guardians in New Jersey might need to complete a driver orientation course before their teens could get their driver’s licenses.A legislative committee last Thursday approved the requirement along with requiring teens to wait longer to get their licenses.
The Oklahoma Employment Security Commission says the state reached an all-time high of more than 1.7 million persons employed in May. Commission officials say Oklahoma’s jobless rate fell to 4.8 percent from 5 percent in April. Statistics show 85,120 people …
LevelFirst a diversified wholesale broker and managing general agency headquartered in Dallas, has opened an Austin, Texas, office. Vivian Plein has joined LevelFirst to lead the Austin office. Plein has more than 10 years of excess and surplus insurance production …
West DeMoines, Iowa-based FBL Financial Group Inc.’s CEO James Hohmann is stepping down on June 30, the insurance company announced. James Brannen, the company’s chief financial officer, has been named interim CEO until a permanent replacement is found. The company …
Felony insurance fraud charges have been filed against two people accused of staging a traffic accident in eastern Indiana that led to two women being flown by helicopter to hospitals. Katie Rene Johnson, 19, of Hartford City, and Matthew L. …
Iowa Gov. Terry Branstad has name an executive with a West Des Moines financial group as the state’s new insurance commissioner. Thirty-seven-year-old Nick Gerhart, of Des Moines, will replace Susan Voss, who is retiring. He will begin his new job …
