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

Bill to Align California with Dodd-Frank Passes Legislature

The California State Legislature has passed Senate Bill 1216, which aligns California law with the Dodd-Frank Wall Street Reform and Consumer Protection Act, with unanimous support. SB 1216 was authored and carried by Sen. Alan Lowenthal, D-Long Beach, on behalf …

Texas Wind Pool: $800M Available for Claims Should Storm Hit Coast

Going into the peak time of the year for hurricane development, Texas’ property insurance company of last resort in coastal areas has around $800 million in available cash to immediately handle claims in the event a storm hits the state’s …

Road Tests of ‘Talking’ Cars Underway

Nearly 3,000 cars, trucks and buses that can “talk” began traveling the streets of Ann Arbor, Michigan today as part of a year-long safety pilot project by the U.S. Department of Transportation. The vehicles are equipped with “connected” Wi-Fi technology …

Louisiana Private Sector Jobs Grow 39,500 Over the Year

Louisiana’s private sector employment grew 2.6 percent from July 2011 to July 2012, adding 39,500 jobs. July was the 23rd straight month with over-the-year private sector job growth in Louisiana. Louisiana’s percentage job growth in the private sector ranks ninth …

Markel FirstComp Unveils New Name, New Agent Portal

Markel and FirstComp have announced a new brand – Markel FirstComp – and a new independent agent portal. Founded in 1997, FirstComp was the small business workers’ compensation insurance arm of Aspen Holdings. It focuses on small to medium-sized main …

You Tell Us: Can California’s Workers’ Comp System Be Fixed?

How do you contain upwardly spiraling costs, battle growing use and prescription of opioids, fight fraud, de-incentivize bad actors, all while sailing directly into political headwinds flowing from all the compass headings? A meeting between labor officials and handful of …

Texas Windstorm Pool: Fax Problems Due to Provider Connectivity

Agents who place insurance with Texas’ property insurer of last resort in coastal areas apparently have been having difficulty faxing policy changes to the company. The Texas Windstorm Insurance Association says the fax connection provider is to blame. TWIA said …

Texas Averaged 250 Traffic Deaths per Month in 2011

On average, 250 people killed in traffic crashes every month in 2011, Texas officials say. While the number of people killed each year in traffic crashes in Texas has decreased by about 21 percent since 2003, the Texas Department of …

Radar Sign Snaps Photos of Speeding Drivers in Michigan County

Area speeders might want to smile for the camera as they cruise past Grand Traverse County, Michigan’s new portable radar speed detecting sign. The device will snap a photograph of anyone traveling 15 miles per hour or more than the …

State Payments for Wolf Damage Increasing in Wisconsin

The amount of money paid to those who have lost animals to wolves in Wisconsin is growing along with the wolf population. The payments are made by the state Department of Natural Resources for loss of cattle, horses and pets. …