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

Heartbreak For Some In Colorado With No Flood Policy

Jessica Klauzer-Zimmerman and her children have been sleeping on friends’ couches since floodwaters sloshed into her Boulder townhouse – which wasn’t covered by flood insurance.”We were told we didn’t need it because we didn’t live on the flood plain,” said …

Oklahoma Lawmakers Challenge New Workers’ Comp Law

Two Oklahoma lawmakers and a firefighters’ organization are challenging the constitutionality of Oklahoma’s new workers’ compensation law. A lawsuit challenging the new statute was filed with the Oklahoma Supreme Court by Sen. Harry Coates, R-Seminole, Rep. Emily Virgin, D-Norman, and …

California Regulators OK On-Demand Ridesharing, With Conditions

On-demand ride services got the green light from California regulators on Thursday in a move the services hope will help clarify their legal status in other jurisdictions. The California Public Utilities Commission created a new category called a “Transportation Network …

Opinion: Insurance Industry Changes to Follow Wicked Colorado Weather

As the sun peaked out of the normally bright blue Colorado sky, homeowners and businesses began to assess the damage done by the 100-year flood, as weather experts have labeled the devastating rain that pummeled the state’s Front-Range for the …

Mississippi Insurance Chief Wants to Sue to Stop Flood Insurance Rate Hikes

Mississippi Insurance Commissioner Mike Chaney is prepared to sue the federal government to stop the flood insurance rate hikes triggered by a recent reform law, but it remains to be seen if he can move forward because the state’s attorney …

Vertafore Names Lintner President and CEO

Bothell, Wash.-based Vertafore has named Alex Lintner president and CEO. Linter will be joining Vertafore on Oct. 7, and he will also be joining the board of directors. Lintner’s appointment is part of a managed executive transition, which has been …

JPMorgan Guilty Admission Marks Shift in SEC Policy

The U.S. Securities and Exchange Commission, in settling claims with JPMorgan Chase & Co. over its handling of a $6.2 billion trading loss, landed its biggest victory yet in fulfilling a pledge to force wrongdoers to admit guilt. As part …

Mississippi City Employee Sentenced for Fraudulent Deer Accident Claim

A former code enforcement officer in Natchez has been sentenced to two years’ probation for insurance fraud. The Natchez Democrat reported that 58-year-old Willie B. Jones was sentenced this past week by Circuit Judge Lillie Blackmon Sanders. Sanders also ordered …

Greyhound Seeks Dismissal of Mississippi Accident Suit

A federal judge has scheduled a hearing next week on Greyhound Bus Lines Inc.’s motion to throw out a lawsuit related to a 2008 accident in south Mississippi. Megan Clancy sued Greyhound in Jackson County Circuit Court on July 6, …

Swiss Re Opens French Operation for Hull and Cargo Coverage

Swiss Re Corporate Solutions announced the expansion of its Marine insurance presence in Continental Europe through the formation of a dedicated underwriting team in Paris. The new unit officially started operations in September, offering Cargo and Hull insurance products to …