January 27, 2014
The Senate voted 86-13 early Monday evening to proceed with debate on a bill to both delay some flood insurance premium increases and establish an optional national registry for insurance agent and broker licensing. That procedural vote means there could …
January 27, 2014
Chris Le was named director of personal lines for Los Angeles, Calif.-based Anderson & Murison Inc. Le will be responsible for the underwriting and processing of all personal lines at the company. He has been with A&M since May 2013 …
January 27, 2014
A group of fishermen are suing New York City over shellfish bed pollution they believe was caused by massive releases of raw sewage during Superstorm Sandy. The Baymen’s Protective Association represents about 76 people who harvest clams from the Raritan …
January 27, 2014
Sedgwick Claims Management Services Inc. said KKR & Co. LLP and company management would buy the provider of claims services for $2.4 billion, the latest in a wave of private-equity activity in the growing industry. A rising number of claims …
January 27, 2014
The Travelers Cos.’ earnings, one of the first major insurance earnings to be reported each quarter, are often closely observed by industry participants as a bellwether for marketplace trends. And the company’s latest quarterly results last week may reflect a …
January 27, 2014
The U.S. Supreme Court ruled on Monday that employees at a U.S. Steel Corp. plant do not have to be paid for the time they spend “donning and doffing” safety gear before and after their shifts. The nine justices were …
January 27, 2014
Washington state legislators will consider modernizing how insurance transactions are conducted. House Bill 2662, authored by State Rep. Derek Stanford, D-Bothell, will enable policyholders to access their insurance policy through their insurer’s website and also receive insurance notices and documents …
January 27, 2014
Many Nevada employers will see a small increase in the premiums they pay for workers’ compensation insurance this year. The average premium increase in the voluntary market will be about 3.2 percent. Nevada employers who purchase their workers’ comp insurance …
January 27, 2014
A Montana jury has awarded an office supply manufacturer $52 million in its lawsuit against its former bank. Masters Group International Inc. sued Comerica Inc. after the bank reneged on a November 2008 agreement to delay collection of a $10.5 …
January 27, 2014
The Wyoming Highway Patrol says fewer people died in traffic accidents across the state last year than in 2012. The Powell Tribune reported 87 people were killed in the state in 2013, 34 fewer than the year before and the …