Yearly Archives: <span>2013</span>

Westrope Named President of Surplus Lines Group, NAPSLO

Kevin T. Westrope, president of Westrope, an independent wholesale brokerage based in Kansas City, Mo., has been elected to serve as the new president of the National Association of Professional Surplus Lines Offices (NAPSLO) for the 2013-2014 term. Westrope has …

Iowa State Troopers Target Out-of-State Drivers

Drivers with out-of-state plates are much more likely to be stopped by the Iowa State Patrol when they drive in the state. The Des Moines Register reviewed about 22,000 traffic warnings and tickets issued by the State Patrol between 2008 …

North Dakota Town Pursuing Scaled-Down Flood Control Project

Officials in Grafton are pursuing a scaled-down project that would provide flood protection for at least some of the northeastern North Dakota city because of diminishing prospects for a larger, federally funded project. The U.S. Army Corps of Engineers several …

Florida Regulators Disapprove NCCI’s 1% WC Rate Increase Proposal

Florida Insurance Commissioner Kevin McCarty today issued an order notifying the National Council on Compensation Insurance (NCCI) that its 1-percent proposed annual rate filing increase in Florida’s workers’ compensation insurance rates has been disapproved. The Florida Office of Insurance Regulation …

Suit Disputes Oregon’s Claim in Malpractice Award

A former Eugene woman is trying to keep the state of Oregon from claiming more than $200,000 from a medical malpractice settlement she received after suffering a stroke at age 27 that left her with only limited use of her …

Blizzard-Lost Plains Cattle Will Hurt Area Economy

An early October blizzard that killed tens of thousands of cattle in western South Dakota will have a staggering impact on the regional economy, the head of the state Stockgrower’s Association said. The direct economic impact of the cattle loses …

RHB Management to Acquire 2 Republic Group Subsidiaries

Dallas-based Republic Group announced that RHP Management LLC will acquire all of the outstanding shares of common stock of Republic subsidiaries Republic Home Protectors Inc. (RHP) and Southern Vanguard Insurance Co. (SVIC). Under the terms of the agreement, the sale …

Florida Court Reverses Itself: 104-Week Limit on Temporary Benefits Constitutional

A Florida district court has overturned an earlier ruling that found a 104-week limit on an injured worker’s temporary benefits unconstitutional. The court ruled instead that the limit represents a legal deadline to determine an injured worker’s eligibility for permanent …

Two Arrested in Alleged Staged Accident Scam in North Carolina

North Carolina’s Insurance Commissioner Wayne Goodwin this week announced the arrest of two people in an alleged insurance fraud scheme involving a staged auto accident in Pitt County. The state insurance department’s criminal investigators allege that the defendants conspired to …

‘Moral Hazard’ Isn’t a Good Reason to End TRIA

My friend Mark Calabria at the Cato Institute has a good piece in Roll Call that makes the case for allowing the Terrorism Risk Insurance Program to lapse. I’m sympathetic to him in the medium term but, given the enormous …