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

Board Oks $72M To Set Up Nevada Insurance Exchange

A state board approved a $72 million contract Tuesday to implement a health insurance exchange in Nevada under the federal Affordable Care Act, but Gov. Brian Sandoval said the program will need to become self-sustaining if it is to continue. …

Hawaiian Electric To Settle Suit By One-eyed Meter Reader

The U.S. Equal Employment Opportunity Commission says Hawaiian Electric Co. will pay $50,000 to settle a disability discrimination lawsuit by an employee who is blind in one eye. The commission filed a complaint on behalf of Patrick Obado claiming he …

US Teen’s Family Sues Tourist, Aloha Jet Ski

The family of a 16-year-old California girl killed in a Hawaii watercraft crash is suing an Australian tourist charged with third-degree negligent homicide. The lawsuit filed Monday in Circuit Court in Honolulu by Kristen Fonseca’s family also names as a …

Nearly 1,000 Earthquakes In Arizona From 2006-2009

Most people would think earthquakes are rare in Arizona. But a new study published by Arizona State University researchers found nearly 1,000 earthquakes rattling the state over a three-year period. A graduate student in ASU’s School of Earth and Space …

Md. Consumers Reminded of New Registration, Insurance Rules for Mopeds

Maryland insurance regulators are reminding consumers that beginning October 1, there will be new state laws and requirements concerning mopeds and motor scooters.New laws require that mopeds and motor scooters must be titled through the Motor Vehicle Administration (MVA) and …

Hartford Steam Boiler, EnergySavvy to Help Homeowners Reduce Energy Costs

The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, is working with EnergySavvy, a software provider of energy management technology, to develop tools that help customers make informed decisions about energy usage. Hartford Steam Boiler has …

Liberty International Underwriters Names Kania as SVP, Energy and Construction

Timothy R. Kania has been appointed as senior vice president of energy and construction in the U.S. and Latin America for Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance’s global specialty lines unit. Kania, a 25-year veteran in …

Essentials: Do Brokers Have to Offer the Cheapest Coverage?

The question of whether insurance brokers are required to obtain the lowest cost insurance that meets the insured’s needs was answered recently by the Missouri Supreme Court in the case of Emerson Electric Co. v. Marsh & McLennan Cos., 362 …

Simonson Joins Lockton Financial Advisors in North Carolina

Tom Simonson has joined Lockton as a vice president of Lockton Financial Advisors/Lockton Investment Advisors based in the insurance broker’s Charlotte, North Carolina office. Simonson will be responsible for client advocacy and new business development for Retirement Services, a part …

Ascension Acquires Modern Services Insurance in Atlanta

Atlanta-based Ascension Insurance Inc. has acquired Modern Services Insurance Agency, also in Atlanta. Modern Services Insurance Agency specializes in risk management and insurance for non-profit firms, as well as churches and private religious schools. The firm will become part of …