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

Pak to Head Starr Companies Newly Approved Canada Branch

Starr Companies announced that it has received a Federal Order from the Office of the Superintendent of Financial Institutions in Canada (OSFI) approving Starr Insurance & Reinsurance Limited, and that it has “established a branch office in Toronto and will …

Program Brokerage Corp. Acquires South Carolina’s Sirles

Program Brokerage Corp. (PBC), a wholesale subsidiary of insurance broker Hub International Limited (Hub), sad it has acquired the assets of Sirles Insurance Group Inc., a South Carolina-based commercial insurance brokerage firm. Terms of the acquisition were not disclosed. In …

Lloyd’s Launches ‘Volume Claims Service’

Lloyd’s announced the launch of its new shared service, Volume Claims Service (VCS), which it said is “part of its overarching Claims Transformation Program, a fast and fair claims handling service which offers the market an enhanced cost efficient claims …

Traumatic Spinal Cord Injuries on the Rise in U.S.

The number of serious traumatic spinal cord injuries is on the rise in the United States, and the leading cause no longer appears to be motor vehicle crashes, but falls, new Johns Hopkins research suggests. The same research shows, moreover, …

Florida ‘Pill Mill’ Doctor Gets 350-Year Sentence

A South Florida doctor could get a maximum 350-year prison sentence for his conviction in an illegal prescription drug pill mill case. A Broward County jury last week found 54-year-old Dr. Thomas Rodenberg guilty of 14 charges, including racketeering, trafficking …

Alabama Bill Raises Penalties for Drunk Boaters to Same As for Car Drivers

The Alabama Senate is trying to increase the penalties for alcohol-related boating deaths to the same as deaths caused by drunken car drivers. The Senate voted 18-1 last week for a bill to equalize the penalties. The bill’s sponsor, Republican …

Rate of School Shootings in U.S. Unchanged Amid Increased Security

There’s been no real reduction in the number of U.S. school shootings despite increased security put in place after the rampage at a Connecticut elementary school in December 2012 left 20 children and six educators dead. An Associated Press analysis …

Mass. Rep. Keating Urges House Approval of Flood Insurance Bill

U.S. Rep. William Keating, D-Mass., is calling for swift passage of a flood insurance bill in the House that would give hundreds of thousands of homeowners a reprieve from higher flood insurance premiums. The Democrat said there’s no reason why …

10 Regions of U.S. with Highest Health Insurance Premiums

These are the 10 regions of the country with the highest premiums for people buying insurance on the health law’s new marketplaces. The ranking is based on the lowest price “silver” plan, which is the mid-level plan that the majority …

Maine’s Insurance Rates Lowest in New England, Gov. LePage Says

Maine’s Republican Gov. Paul LePage’s administration says Maine’s auto and homeowners insurance rates are the lowest in New England and among the lowest in the country. The Maine Bureau of Insurance is pointing to recently released reports from the National …