Yearly Archives: <span>2013</span>

WTO Overcomes Last Minute Hitch to Reach First Global Trade Deal

The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add …

QBE Shares Drop Most in 12 Years on Unexpected U.S. Loss Forecast

QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, plunged the most in 12 years after forecasting an unexpected loss due to write-downs at its North American operations. The company predicts a $250 million loss for the year to …

Ascension Names Merrill Senior Vice President in California

Walnut Creek, Calif.-based Ascension Insurance Inc. named Greg Merrill senior vice president of operations for the Fresno office of the Pan American and Walter L. Clark organizations. Pan American and Walter L. Clark are Ascension companies. In this role Merrill …

New York Insurers Predict Spike in Health Exchange Use

Two start-up insurers in the New York health exchange, one promising unlimited telemedicine, say customer queries have been rising rapidly and they expect enrollment spikes by the new Dec. 23 deadline for coverage next year. The state reports 27,000 more …

AIA Supports Curbing Physician-Dispensed Medications in Penn. WC System

The American Insurance Association (AIA) submitted a statement Wednesday to the Pennsylvania House Labor Committee, in support of state legislation aimed at controlling costs associated with physician dispensing of medications under Pennsylvania’s Workers’ Compensation Act. H.B. 1846 would permit physician …

Some Flood Insurance Rates to Rise in Kansas’ Douglas County

Some property owners in Douglas County, Kansas, could soon pay more for federal insurance. The federal government’s decision to phase out subsidized insurance in special flood hazard areas will increase costs for 168 property owners in Douglas County. Most of …

Iowa Board Awards Millions for Flood Protection

The Iowa Flood Mitigation Board has awarded millions of dollars for flood protection projects in Cedar Rapids, Dubuque and other Iowa cities. The awards were announced on Dec. 4. The Iowa Legislature created the board to let cities use a …

Improvements Needed in Illinois’ Disaster Response: Review

A review has found several shortfalls in Illinois’ readiness to respond to disasters and emergencies. The review concluded that there could be better coordination with local communities on things like identifying and pre-registering volunteer health professionals who could be called …

Trinity Risk Opens New Office in Kansas City

Trinity Risk LLC, a program manager and wholesale broker specializing in owner operator lines of insurance, has opened a new office in Kansas City, Mo., and hired Amy Milburn as account executive. An experienced trucking insurance executive, Milburn specializes in …

FEMA Won’t Require Additional Flood Insurance for U. of Iowa

The University of Iowa says the Federal Emergency Management Agency will not require the school to purchase additional flood insurance after all. UI vice president of finance and operations Doug True said the news “is a very big deal and …