August 27, 2012
A workers’ compensation reform bill was officially introduced on Monday, and the same day the California Workers’ Compensation Insurance Rating Bureau issued a study saying the bill could produce a savings of nearly half-a-billion-dollars. But that savings will be outpaced …
August 27, 2012
Citizens Property Insurance Corp. in Florida says teams of adjusters are preparing to assess damage caused Tropical Storm Isaac. In a statement issued Sunday, Citizens Board Chairman Carlos A. Lacasa says the mobile units will be ready to move quickly …
August 27, 2012
Florida’s Citizens Property Insurance Corp. can now breath a major sigh of relief, as Tropical Storm Isaac delivered just a glancing blow to South Florida and the Keys before making its way out into the Gulf of Mexico’s warm open …
August 27, 2012
San Francisco, Calif.-based Woodruff-Sawyer & Co. named David Richter vice president of executive benefits and succession planning. He will focus on high net-worth individuals and small to medium size corporations and their executives. Richter has over 26 years of experience …
August 27, 2012
A young man who testified against Jerry Sandusky sued Penn State last Friday, blaming the university for how its top officials dealt with complaints that the former assistant football coach behaved inappropriately with boys. The lawsuit filed by the person …
August 27, 2012
With the National Hurricane Center showing Tropical Storm Isaac tracking northwest toward southeast Louisiana, Gov. Bobby Jindal has declared a state of emergency and is encouraging residents of coastal parishes to voluntarily evacuate. Additionally, Louisiana Citizens Property Insurance Corp., the …
August 27, 2012
A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength rating to D (Poor) from B (Fair) and issuer credit rating to “c” from “bb” of San Antonio Indemnity Co. of San Antonio, Texas. …
August 27, 2012
New Jersey Gov. Chris Christie’s blunt warning a year ago to “get the hell off the beach!” kicked off what became the costliest natural disaster in the state’s history, causing more than $1 billion in damages and killing 11 residents. …
August 27, 2012
Negotiating parties have finally come to terms on wording for a bill to reform California’s workers’ compensation system. The bill, Senate Bill 863, was introduced late last week. It resulted from a meeting between labor officials and handful of large, …
August 27, 2012
The Indiana attorney general’s office has opened an investigation to ensure BP quickly responds to consumers’ complaints about vehicles damaged by contaminated gasoline that was distributed from storage terminals in Whiting and Milwaukee. “We are closely monitoring the response by …