Demotech’s review of second quarter 2014 data, as recently reported by insurers to the National Association of Insurance Commissioners, shows that workers’ compensation insurers reported a 5.1 percent increase in direct written premiums during the first six months of 2014 …
Rates for the almost 100,000 commercial property risks insured by Florida’s Citizens Property Insurance Corp. will rise an average 3.3 percent next February. The Florida Office of Insurance Regulation (OIR) has approved the increase, which is less that the average …
The U.S. Federal Motor Carrier Safety Administration was sued by a coalition of groups seeking to force the agency to issue stiffer rules for training entry- level truck drivers. Regulators have missed multiple deadlines set by two laws passed by …
Maurice “Hank” Greenberg’s Starr International Co. seeks a refund for overpayment of taxes for 2007 in a $38 million lawsuit against the U.S. The Internal Revenue Service has taken no action on Starr’s refund claim for 2007 even though it …
Brian Weaver, senior vice president of sales for Menlo Park, Calif.-based McGraw Group of Affiliated Cos., will retire effective Sept. 30. Cindy Roth will be joining the McGraw Group as senior vice president of sales and distribution beginning Sept. 24. …
Twin Falls, Idaho-based Starley-Leavitt Insurance Agency has named Nikki Donnelley an account executive. Donnelley specializes in commercial insurance for construction and condominium risks. She has worked in the insurance industry since 1991 and also has experience managing a large construction …
A U.S. Treasury Department spokesperson last week provided a statement to Boston news outlets that said “The Secretary has not determined that there has been an ‘act of terrorism’ under the Terrorism Risk Insurance Act” for the April 15, 2013, …
Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor has named Allison Conklin as the Department’s legislative liaison. Conklin will work in the Executive Office’s Legislative Affairs Division. Conklin’s duties will include interfacing with legislators, government agencies and other …
The Texas Department of Insurance – Division of Workers’ Compensation announced that the workers’ compensation state average weekly wage for dates of injury from Oct. 1, 2014 through Sept. 30, 2015 has been set at $860.52. The maximum weekly benefit …
Pride Plating Inc. in Grove, Okla., was cited on Sept. 4 by the U.S. Department of Labor’s Occupational Safety and Health Administration for exposing workers to cancer-causing health hazards from hexavalent chromium. The company received 38 violations with proposed penalties …
