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

Missouri Insurance Director: Workers’ Comp Insurance Costs Likely to Fall

Missouri businesses could see a decline in their workers’ compensation insurance premiums next year. The state insurance department says a new report by the National Council on Compensation Insurance indicates that insurers are likely to see a 3.7 percent drop …

Two Plead Guilty in Iowa to Defrauding AIG, Face Decades in Prison

Former Iowa resident Christina M. Pender and California resident Robert K. Taylor have pled guilty to defrauding insurance company AIG out of hundreds of thousands of dollars, the U.S. Attorney’s Office for the Southern District of Iowa announced. Taylor also …

CNA Appoints Earley as Illinois Branch Vice President

Chicago-based property/casualty insurer, CNA, has named Steve Earley as Illinois branch vice president. Earley has been with CNA for 27 years, most recently serving as vice president of the company’s manufacturing customer segment driving improved sales volume and profitability, customer …

Over 1M Mass. Residents Had Personal Data Compromised in 2013: Report

Over a million Massachusetts residents had their personal information compromised last year, according to a new report issued today by the state’s Office of Consumer Affairs and Business Regulation (OCABR). The largest data breach in 2013 was reported to OCABR …

WCRI Study Examines Trends in N.Y. Workers’ Comp System

The Workers Compensation Research Institute (WCRI) in Massachusetts has published a new report that examines the performance of the New York workers’ compensation system following reforms enacted in 2007. The new WCRI study, titled “Monitoring Trends in the New York …

More Evacuations in Northern California Wildfire

Crews battling a wildfire in a far Northern California forest have expanded a mandatory evacuation order and expect another day of gusty winds and dry conditions that could push the fire over containment lines and into threatened communities. Fire information …

California Judges Recommend $1.4B Safety-related Penalty Against PG&E

California regulatory judges recommended a $1.4 billion penalty on Tuesday _ the largest safety-related levy ever against a public utility in the state _ for a fiery 2010 gas pipeline explosion that killed eight people in a suburban San Francisco …

Hay Prices Soaring Thanks to California Drought

The cost of feeding California’s horses and cows is skyrocketing as the state’s persistent drought sends hay prices to historic highs. Tracy Underwood of the Santa Rosa Equestrian Center told the Press-Democrat these days she pays more than $20 for …

Health Care Spending in Massachusetts Rising Faster Than Inflation

A new report says health care spending in Massachusetts continues to grow faster than the rate of inflation. The report is from the Center for Health Information and Analysis, created under Massachusetts state law in 2012 to monitor health care …

Marsh Launches Catastrophic Cyber Policy For Large Companies

Marsh, a global insurance broker, risk manager and a wholly owned subsidiary of Marsh & McLennan Cos., has launched a new cyber insurance policy that provides catastrophic protection for large companies seeking to better manage the growing threat of a …