Monthly Archives: <span>January 2014</span>

New Federal Safety Rules Target Bus, Truck Firms with Repeat Violations

Intercity bus and truck companies with a continuing history of safety problems will be easier to shut down under regulations published online last Friday by the Federal Motor Carrier Administration, an agency under fire for its oversight of the industries. …

S&P Reinsurance Report Warns of ‘Negative Rating Actions’

Standard & Poor’s latest report – “Past The Tipping Point: Competition And Soft Pricing Could Lead To Rating Pressure For Global Reinsurers” – on the state of the global reinsurance sector, notes that “reinsurers are experiencing increased competition and curtailed …

Enforcement of Obamacare Executive Benefits Rule Delayed: Report

The Obama administration is delaying enforcement of a provision of the new healthcare law that prohibits employers from providing better health benefits to top executives than to other employees, the New York Times reported on Saturday. Tax officials said they …

Improved Fire Rating Means Lower Insurance Rates Likely in Louisiana Town

Village East Fire District has attained an improved rating, meaning residents of the Houma, La., community can expect a decrease in their fire insurance rates. The Property Insurance Association of Louisiana rates fire departments’ safety and training every four years …

Some Western N.Y. Homeowners Grapple With Flood Damage After Canceling Insurance

Some western New York residents whose homes were damaged by a snow-swollen river this month had only recently cancelled their federal flood insurance policies because of rate increases. About 70 houses in West Seneca, just outside Buffalo, flooded when a …

Senate Links Agent Licensing Reform with Flood Insurance Delay

There is a new political wrinkle in the attempt to stave off flood insurance rate hikes across the country. The Senate has attached an industry-supported bill to streamline agent and broker licensing to its bill to delay flood insurance premium …

CNA Names Nieman Los Angeles Branch Vice President

CNA Financial Corp. named Riki Nieman vice president for its Los Angeles Branch office. Nieman comes to CNA from ACE, where she was national segment vice president for regional operations. Prior to her most recent role, she held various leadership …

Poll: Utahns Back Tougher Air Pollution Standards, No-Drive Days

According to a statewide poll, Utahns favor stricter air pollution standards on industry by a 3-to-1 margin. The survey, commissioned by The Salt Lake Tribune, found 67 percent of those surveyed supported the stricter standards and 23 percent opposed them. …

Oregon Lawsuit for $1.5M Over Lost Testicles

The parents of a young boy are suing Oregon Health & Science University over a surgery that rendered the child’s testicles useless. The Oregonian reports that opening statements in the trial began last week in a lawsuit that seeks $1.5 …

Honea Joins Schinnerer As West Region Sales Manager

Victor O. Schinnerer & Company Inc. named Jennifer Honea vice president and sales manager for the Western portion of the U.S. Honea will oversee the development and execution of sales initiatives for the West region. She is responsible for working …