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

WCIRB May Reduce Rate Increase to 11.6%

Committees for the Workers’ Compensation Rating Bureau looking at data based on the savings promised by a bill to reform the state’s workers comp system may be recommending an adjustment to WCIRB’s upcoming pure premium filing. However, more study is …

Where to Spend Your Marketing Dollars?

With the calendar year winding down and most agencies approaching budget season for the 2013 year, the question upon many is “Where do spend our marketing dollars?” If this was 2002 and we were still profiting on the “hard” market, …

Moran Out as Calif. Workers’ Comp Admin Director

Rosa Moran, one of the members of Gov. Jerry Brown’s Department of Industrial Relations team that helped to hammer out a last-minute deal to reform California’s workers’ compensation system, has stepped down. The announcement was made on Thursday by DIR …

Penn State Reports Almost $17M in Sandusky Costs

Penn State’s costs for legal fees, consultants and public relations firms hired to help deal with the Jerry Sandusky child sex abuse scandal have reached nearly $17 million, the university said in an online report that it updates regularly. The …

New CNA Umbrella Leader Appointed to Northeast/Mid-Atlantic Zones

CNA Financial Corp. has appointed Cheryl Paton as assistant vice president for umbrella insurance. She joins CNA’s New York office, and will be leading the umbrella teams for both the Northeast and Mid-Atlantic Zones. Paton brings extensive industry experience to …

Hurricane Leslie Moving Slowly Towards Bermuda; Michael is 1st Cat 3 Storm

Leslie has become a category one hurricane on the Saffir-Simpson scale with maximum sustained winds of 75 mph, 120 km/h. A gradual strengthening is forecast over the next 48 hours. The latest bulletin, posted at 5:00 a.m. AST, from the …

New Massachusetts Fire Safety Rule Takes Effect

A new fire safety rule is taking effect in Massachusetts.State Fire Marshal Stephen Coan says that, starting September, there’s a ban on wood landscaping mulch within 18 inches of the base of wood- or vinyl-sided buildings.

Liberty Mutual Boosts Charitable Giving, Plans to Donate $17M in Mass.

Insurer Liberty Mutual Group Inc., already one of the largest supporters of nonprofits and community groups in the Boston area, has announced it will significantly increase its charitable giving in Massachusetts this year. The only Fortune 100 company based in …

R&R Insurance Services’ Riesch-Knapp Transitions to Employee Benefits

R&R Insurance Services Inc., headquartered in Waukesha, Wis., announced the transition of Stephanie Riesch-Knapp from commercial lines to the firm’s employee benefits practice as an account executive. Riesch-Knapp has spent the last four years successfully servicing a commercial book of …

N.J. Scrutinizes Workers Comp TPAs’ Side Deals With Vendors

New Jersey’s comptroller office says some workers’ compensation third party administrators (TPAs) have undisclosed side agreements with their vendors which require payments back to the TPAs. This “pervasive” practice often drives up workers’ comp costs for the public employers that …