Monthly Archives: <span>March 2013</span>

Christian Health Insurer, Pension Liability Top Kentucky Legislature’s Closing Days

Lawmakers return to the Capitol on Monday with two days remaining to pass legislation intended to shore up Kentucky’s pension plans for state and local government retirees. Restoring solvency to the pension system, which has a $33 billion unfunded liability, …

Florida Debates Wage Theft Legislation

Businesses and workers-rights advocates are fighting over a bill that would set uniform state standards for employees who say they haven’t been paid their full wages to seek compensation. The bill would require workers to file a claim through the …

Marsh’s Mastrolia Joins Swett & Crawford Wholesale’s Construction Team

Swett & Crawford Wholesale has appointed Anthony “Tony” Mastrolia as executive vice president of Construction. Mastrolia brings to Swett & Crawford 35 years of experience in insurance and construction risk management. Most recently, he served as managing director, and practice …

Louisiana Citizens Borrowing Plan Stalls in Bond Commission

State officials stalled a decision on whether Louisiana’s property insurer of last resort should borrow $100 million to help close an anticipated budget gap. The Bond Commission, which includes lawmakers and statewide elected officials, didn’t take any action on the …

Ruling Against News Aggregator Could Affect Copyright ‘Fair Use’

A federal judge concluded that an Internet news clipping service essentially resold stories from The Associated Press, saying in a decision released last Thursday that the ability of news organizations to perform “an essential function of democracy” is jeopardized when …

Florida Lawmaker Wants to End Insurance Company Tax Credit

A top Senate Republican wants to roll back fees now charged to Floridians to renew their driver’s license and car tags. Sen. Joe Negron, R-Stuart and Senate budget chief, said he will unveil a bill this week that would wipe …

Financial Firms Tie Support for Consumer Chief Cordray to Bureau Reforms

The Financial Services Roundtable says it will support the confirmation of Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB), provided Congress makes changes to CFPB’s structure. “Our members strongly believe the CFPB should operate under a more democratic …

Record Crop Claims Fuel Debate Over Government Subsidies for Farmers

Farmers will be paid a record $16 billion in crop insurance claims for 2012 because of the widespread drought, a staggering amount that has critics calling for changes to what they say is an inefficient taxpayer subsidy the government cannot …

Lobbyists Keep Battling As Obamacare Turns 3

Eight months before President Barack Obama’s health care law goes prime time, a confederation of industry and business groups is ramping up its lobbying apparatus for an 11th-hour assault on the web of new taxes and regulations. Medical device makers, …

Texas Arson Convictions Under Review In Light of New Fire Science

Ed Graf was given life in prison 25 years ago for killing his two stepsons by locking them in a backyard shed and setting it on fire. Two investigators used photos of the shed’s remains to persuade jurors that Graf …