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

New York AG Proposes Bill to Blunt Effect of Hobby Lobby Ruling

New York Attorney General Eric T. Schneiderman and the state’s Senate Democratic Conference Leader Andrea Stewart-Cousins said today they would propose legislation that would help to shield New York women from the effect of the U.S. Supreme Court’s June 30 …

Insurance Council of Texas Honors Gentry with Raymond Mauk Award

Rick Gentry, former executive director for the Insurance Council of Texas (ICT), was presented the Raymond Mauk Leadership Award at the ICT’s Mid-Year Property and Casualty Symposium in Austin. Gentry led the ICT for 17 years. The Raymond Mauk Leadership …

Rauch Named Vice President of Marketing at Ohio-Based Central Insurance

The Central Insurance Companies, based in Van Wert, Ohio, has promoted Timothy L. Rauch, to vice president of marketing for both Central Mutual and All America Insurance Companies. Rauch will replace current Senior Vice President of Marketing Edd Buhl when …

Central Insurance Promotes Mansfield to Regional VP in Dallas

The Central Insurance Companies promoted Steven Mansfield to regional vice president of its Southwest regional office in Dallas, Texas. Mansfield replaces Tim Rauch, who has been promoted to vice president of marketing in the group’s home office in Van Wert, …

Louisiana Commissioner Asks State Farm to Offer Lower Hurricane Deductible

Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance policies by paying the actuarially needed difference in …

California Workers’ Comp Officials Continue to Praise Reforms

Touting California’s still-young workers’ compensation reform law as a “pragmatic middle” compromise that seems to be working, two of the top officials responsible for the system talked up some of the reform’s finer points on Thursday. David Lanier, secretary of …

Brightway Insurance Opens First Pennsylvania Store

The retail insurance franchise Brightway Insurance opened its first store in Pennsylvania. Associate agency owner Ryan George opened Brightway’s first Pennsylvania store in Cranberry Township, near Pittsburgh. He previously spent four years with Luttner Financial Group, where he was an …

Senate Passes TRIA Renewal with Broker Licensing Provision

In a 93-4 vote, the Senate today passed the Terrorism Risk Insurance Program Reauthorization Act of 2014 (S. 2244 ) that extends the federal reinsurance program for seven years. In addition to extending the Terrorism Risk Insurance Act (TRIA) for …

N.Y. DFS Disapproves NYCIRB’s +6.8% Loss Cost Level Change Filing

The New York Compensation Insurance Rating Board (NYCIRB) announced in a bulletin yesterday that the New York Department of Financial Services (DFS) issued an opinion and decision letter disapproving the +6.8 percent workers’ compensation loss cost level change filed with …

Federal Assistance to Mississippi for Spring Storms Near $20 Million

Total federal assistance approved for survivors of the severe storms, tornadoes and flooding that occurred from April 28 through May 3, 2014 in 12 Mississippi counties is close to $19.7 million, according to the government. The disaster assistance approved by …