ACA Grandfathering Disclaimer. According to the Wall Street Journal (Nov. 6, 2013), the first E&O suits have been filed against an insurance company for allegedly misleading a consumer into changing their health insurance deductible and thereby obviating the grandfathering clause …
Duke Energy Corp. said the total tab for cleaning up its North Carolina coal-ash dumps may reach $10 billion amid a call for national rules to regulate the disposal of the fossil-fuel byproduct. Duke plans to spend $2 billion to …
Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that Cleveland resident John Deskins was sentenced to two years of probation in Cuyahoga County Common Pleas Court for theft in an insurance fraud case. Evidence gathered by the …
The high-stakes penalty phase of BP’s trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday, and billions of dollars could be on the line. Fines under the …
Looking for Exceptional Individuals or Organizations in Insurance Marketing and Communications Minneapolis, MN – April 24, 2014 – The Insurance Marketing & Communications Associations (IMCA) is seeking nominations for the 2014 Innovation Torchbearer Award, recognizing individuals or organizations that have …
A new report says commuting statistics indicate that coastal parishes are losing residents because of coastal erosion. And it says those left behind tend to be those who cannot afford to move. The Data Center, based in New Orleans, said …
Appleton, Wis.-based SECURA Insurance has promoted Tim Heyroth to the newly created position of vice president–sales. Heyroth, who has been with SECURA for more than 17 years, will be responsible for developing and implementing sales strategies for property and casualty …
FrankCrum, a national professional employer organization, added Rodney Vaughn as a broker manager, responsible for increasing the company’s presence in Texas and forging relationships with insurance agents and brokers. Florida-based FrankCrum offers workers’ compensation insurance, payroll, human resources solutions and …
Safety National Casualty Corp. has introduced Oklahoma Elect, an employers’ excess indemnity policy that provides excess coverage over an occupational injury benefit plan, as well as excess employers’ liability coverage to Oklahoma qualified employers who choose this alternative to traditional …
Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely. “I can tell you that’s all …
