August 2, 2012
The National Federation of Independent Business (NFIB) has extended discounted workers’ compensation coverage benefits to its members in New Jersey through EMPLOYERS. Based on the latest expansion, EMPLOYERS offers NFIB members discounted workers’ compensation coverage in 28 states nationwide. NFIB …
August 2, 2012
Connecticut Gov. Dannel Malloy announced today that international media and information company Thomson Reuters has relocated its U.S. insurance subsidiary from Delaware to Connecticut. The subsidiary, Thomson Reuters Risk Management Inc., is Connecticut’s first captive insurance company. Gov. Malloy said …
August 2, 2012
Idaho law enforcement is getting ready to crack down on aggressive motorists. The Idaho Transportation Department is teaming up with 49 police agencies across the state on a two-week push aimed at drivers who are speeding, following too close, ignoring …
August 2, 2012
The Colorado State Patrol says a six-vehicle crash in a construction zone in southern Colorado has left two people dead and seriously injured two others. Troopers say five vehicles were stopped on Colorado Highway 69 near Westcliffe in an active …
August 2, 2012
Los Angeles County will pay nearly $2 million to settle lawsuits over use of force by sheriff’s deputies, including a deadly shooting. City News Service says the Board of Supervisors approved the payouts on Tuesday. A $900,000 settlement was approved …
August 2, 2012
The U.S. House of Representatives passed H.R. 8, the “Job Protection and Recession Prevention Act,” that would extend the 2001 and 2003 tax rates through 2013. H.R. 8 includes an extension of current marginal tax rates, as well as dividend …
August 2, 2012
MetLife has acquired one of Georgia’s largest resort and golf communities. The insurer has acquired Reynolds Plantation that includes The Ritz-Carlton Lodge, six golf courses, four marina, and nearly 5,000 acres of undeveloped golf and waterfront property. The Daniel Corp. …
August 2, 2012
A number of recently enacted laws in Alabama concerning property-casualty insurance became effective on August 1. • One newly enacted law, Act 12-429 (Insurance Fraud), makes insurance fraud a felony crime. It will be treated as Class B Felony if …
August 2, 2012
One of Alabama’s largest homeowners’ insurers is raising rates on property insurance by as much as 35 percent per policy while dropping some 2,900 rental properties along the state coastline as part of plan to shore up its financial resources. …
August 2, 2012
Shares of Monsanto, the world’s largest seed company, rose on Thursday and DuPont shares fell after Monsanto won a $1 billion victory over its archrival in a lawsuit concerning patents in the agricultural seed market. The victory, which dealt with …