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

Litmus Analysis Launches New Market Research Operation

UK-based Litmus Analysis announced that Robin Dicks has joined the firm as a Partner in for its new venture “Litmus Research Associates,” which it said it has established “to provide high quality market research and analysis to the global insurance …

U.S. Risk Pros Launches an Enhanced Professional Liability Program for Architects and Engineers, Construction Managers, and Design/Build Contractors

Dallas, TX – June 9, 2014 – U.S. Risk Insurance Group, Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that U.S. Risk Pros, the Professional Liability division of U.S. Risk Underwriters has launched …

Disaster Cost Has Quadrupled Since 1980s: EU Commissioner

The average annual cost of natural disasters has quadrupled over the last three decades and it makes economic sense to boost spending on preparedness to ensure a stable future, a senior European official said last week. Kristina Georgieva, European Commissioner …

250 More Former Players Join Drug Abuse Lawsuit Against NFL

Former NFL star Marcellus Wiley added his name to a lawsuit accusing America’s most popular pro sports league of illegally dispensing powerful narcotics and other drugs to keep players on the field without regard for their long-term health. “The first …

N.J. Roofing Company Exec Gets Jail Time for Misleading Workers’ Comp Carrier

New Jersey authorities said the president of a New Jersey roofing company was sentenced to jail Friday for providing false and misleading information to the company’s workers’ compensation insurance carrier to avoid paying hundreds of thousands of dollars in premiums …

Safety National Introduces Safety First Grant Program

Safety National Casualty Corp., a provider of excess workers’ compensation and large casualty offerings, has introduced the Safety First Grant Program. This dollar-for-dollar matching grant will reimburse one policyholder up to $10,000 for a creative program designed to reduce the …

Geico to Hire 350 Additional Workers for Virginia Office

Geico plans to hire 350 additional workers at its regional office in Stafford County, Virginia, by the end of the year. The Free Lance-Star reports that Geico officials announced the expansion Wednesday during a celebration of the insurance company’s 20th …

Nationwide to Re-Enter New Jersey’s Auto Insurance Market

New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said today Nationwide Mutual Insurance Company has been approved to write auto insurance in New Jersey, and the company will begin offering auto policies in August. Nationwide left the New …

Conn. Fines Apple Store Contractors for Lacking Workers’ Comp Coverage

The Connecticut Department of Labor is fining three out-of-state contractors working at an Apple Store in West Hartford for not having worker’s compensation insurance coverage for their employees. The case has prompted the state agency to inspect other Apple Stores …

Vermont AG Sues 2 Dozen U.S. Refiners Over Pollution

BP Plc, Chevron Corp. and Exxon Mobil Corp. are among two dozen U.S. refiners sued by Vermont Attorney General William Sorrell and accused of polluting the state’s groundwater with a gasoline additive. Sorrell filed the case Thursday in state court …