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

Workers’ Comp Loss Costs Declining Again in Oklahoma

For the second straight year, workers’ compensation loss costs used by insurers to determine rates for employers will show an overall decrease in Oklahoma. The National Council on Compensation Insurance (NCCI) has filed an overall loss cost level decrease of …

Lack of Skilled Workers a Challenge for Kansas City Area Manufacturers

Manufacturing companies in Kansas and Missouri say there are plenty of high-paying jobs available for people qualified to run sophisticated factory equipment, but there doesn’t seem to be enough local talent to fill them. Industry leaders in both states say …

Insured Losses From the Napa Quake Pegged at $250M or Less

Insured losses from the Aug. 24 earthquake that struck Napa, Calif. will not exceed $250 million, according to a risk management firm. Widespread damage was expected from the 6.0 magnitude event, but there wasn’t much business interruption as most area …

CNA’s Kocaj Joins Berkshire Hathaway Specialty

Specialty insurer Berkshire Hathaway Specialty Insurance (BHSI) has appointed Tom Kocaj as vice president and head of Financial Institutions, Executive and Professional Lines. Kocaj joins BHSI with a quarter century of experience in the insurance industry in all types of …

Stolen Statues Now Returned to Little Rock Park

Little Rock, Ark., authorities say three stolen sculptures worth nearly $30,000 have been returned. The city’s Parks and Recreation director says a couple found the artwork in the morning on Aug. 31 at the Riverfront Park sculpture garden where they …

California State Funds Continue to Shake Up Cat Bond Market

California’s recent “Winequake” brought the public’s focus back to the state’s significant vulnerability to seismic events. Fortunately, the tremors, while costly, did not tally a high human score. For every image of a cracked street or a toppled building, there …

Report: Midwest Economy Still Strong, Growth to Continue

The economy remained strong in nine Midwest and Plains states in August, and a monthly survey of business leaders released Sept. 2 suggests growth will continue in the months ahead. The region’s overall economic index inched up to 57.2 last …

Storms Trigger Tornadoes, Hail, Floods Throughout Midwest

A storm spotter was hospitalized in Iowa on Sept. 1 after he was struck by lightning while watching a system that left swollen rivers, power outages, trees down and campers overturned. More strong storms rumbled through the Midwest on that …

Oklahoma’s Low Tornado Count Result of Cold Weather, Experts Say

Oklahoma’s extremely cold winter last year and earlier this year likely kept the number of tornadoes this past spring at the state’s lowest levels since 1988, weather experts say. Only 13 tornadoes hit the state through June, which is the …

Aon Sells eSolutions Unit to Symphony Technology Group

Aon Risk Solutions, the global risk management business of Aon plc, announced it has sold Aon eSolutions, Inc., its risk management information systems business unit, to an affiliate of Palo Alto-based Symphony Technology Group for an undisclosed amount. “As the …