The state Assembly approved a series of changes to California’s workers’ compensation system Friday, voting on a 170-page bill that arose in the final days of the legislative session. The changes were sought by some business groups concerned about escalating …
As Legislators rushed to amend and pass a bill that would reform California’s workers’ compensation system before the Friday’s midnight deadline, several late amendments were made that may give the bill a fighting chance. And Gov. Jerry Brown personally urged …
The Leavitt Group is combining the capabilities of six of their top California agencies along with their Las Vegas, Salt Lake, and Atlanta offices. These agencies will re-brand collectively as the Leavitt Group. The California agencies include Jenkins Insurance Services, …
Global standards development organization ACORD announced that a coalition of major Russian insurers, including subsidiaries of Allianz and Zurich, have agreed to work together to implement its standards. “When completed, this will become the first documented ACORD implementation in the …
The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with poor loss histories are experiencing even larger …
Privately-owned global insurance broker Lockton announced that it “plans to strengthen its position in Latin America by entering into a joint venture with facultative reinsurance broker, Security Re, in Ecuador. “The new venture will be titled Lockton Security Intermediarios De …
“A drunk driver killed someone I love,” reads a sign on the Interstate 80 East exit ramp onto Route 611 in Stroud Township. It’s the same area where Raymond Gelormini Jr., 49, of Hackettstown, N.J., was killed in March. Lester …
York Risk Services Group, a Parsippany, N.J.-based national provider of claims-management, specialized loss adjusting, insurance pool administration and other insurance services, recently appointed Rick Stasi as president of its Alternative Risk Solutions (ARS) division.In this role, he will be responsible …
BP says the size of its gasoline recall is now more than twice as large than previously reported at 4.7 million gallons distributed as far as southwestern Ohio and southern Indiana. BP spokesman Scott Dean said on Aug. 29 the …
Some key U.S. farm states punished by the nation’s worst drought in decades benefited slightly from recent rains, with more rain on the way from the remnants of Hurricane Isaac. The weekly U.S. Drought Monitor map released on Aug. 30 …
