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

Nevada Driver Cards Draw Nearly 49,000 to Take Tests

Nearly 49,000 Nevada residents have taken written tests since January to obtain state driver authorization cards, and just under 16,400 people have gotten the documents as of June 11, state Department of Motor Vehicles officials said. The cards are available …

DIR: California’s Alternative Security Program Frees $7.5B for Businesses

Department of Industrial Relations Director Christine Baker has approved the implementation of the 2014/15 Alternative Security Program, which DIR says frees $7.54 billion in working capital and provides self-insured California businesses greater financial flexibility. The ASP, operated by the California …

Risk Management Privatization Saves $16M in Louisiana, Audit Shows

A new audit says Louisiana has saved nearly $16 million in the first three years of a privatization contract for the Office of Risk Management, the state’s self-insurance agency. Gov. Bobby Jindal’s administration hired Mandeville-based F.A. Richard and Associates in …

Klisura to Lead New Marsh Global Placement Team; Lang to Head U.S. Placement

Insurance broker Marsh has named Dean Klisura as head of the firm’s newly created Global Placement organization. Klisura will oversee all of Marsh’s insurance placement activities, including wholesale, retail, specialty, quote share, and other placement facilities, which have been brought …

Florida Approves Southern Oak Take-Out of 10,000 Policies from Citizens

The Florida Office of Insurance Regulation (OIR) said it has approved the removal of up to 10,000 multi-peril personal residential policies from the state-backed property insurer Citizens Property Insurance Corp. by Southern Oak Insurance Co. Southern Oak requested in April …

GEICO Appoints 5 to Officer Posts Across Country

GEICO has announced a number of officer appointments: Michelle Trindade, vice president of the competitive advantage leadership group at the company’s corporate offices in Chevy Chase, Maryland, Kevin Kawa, assistant vice president, select GEICO staff counsel operations, Lee Meeler,assistant vice …

Swiss Re’s Klena Joins ACE North American Marketing, Communications Team

ACE Group has appointed Cora Klena as senior vice president, North American Marketing and Communications. Klena will be responsible for marketing and communications for the company’s North American businesses including public relations, event marketing, employee communications, print and digital marketing …

N.H. Fire Marshal: Let Professionals Handle July 4th Fireworks

Some Fourth of July advice from the New Hampshire state fire marshal: Leave fireworks displays to the professionals. William Degnan said people often forget they are playing with explosives and each July 4th, thousands get injured. He notes that wooded …

Insurers See Rise in Severity of Lawyers’ Malpractice Claims: Ames & Gough

Although the frequency of law firm malpractice claims has begun to level off following a post-recession surge, their severity has continued to increase. A study by insurance broker Ames & Gough finds most leading legal malpractice insurers had a continuing …

Private Insurers Taking to South Carolina Coast; Windpool on Decline

More private insurers are selling wind coverage to South Carolina coastal property owners, leading to a decline in the population of the state’s windpool. The South Carolina Wind and Hail Underwriting Association reports that it is seeing a moderate decline …