January 12, 2015
Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance will decrease in Louisiana effective May 1. Donelon recently approved a 2.4 percent decrease in workers’ compensation loss costs submitted by the National Council on Compensation Insurance …
January 12, 2015
The phrase “climate change” yields roughly 108 million results in a Google search – in the ballpark in terms of numbers of results with “Jesus Christ,” “Mohamed” and “selfie” – and you can expect the phrase to become an even …
January 12, 2015
Arkansas Gov.-Elect Asa Hutchinson named state Rep. Allen Kerr to replace current Insurance Commissioner Jay Bradford. Kerr has been an insurance agent for more than 30 years and along with his wife owns the Allen Kerr Agency in the Little …
January 12, 2015
Oklahoma Sen. Ron Sharp has filed legislation banning the use of cellphones or other handheld devices to text, email or call while driving in his state. Senate Bill 67 would make it a misdemeanor to use a handheld device while …
January 12, 2015
Police in Austin and San Antonio won’t start issuing fines until February but both cities’ bans on the use of handheld devices while driving are now in effect. Talking on a handheld phone while driving is banned in 14 states …
January 12, 2015
Southern Methodist University seismologists are installing more measuring equipment in a Dallas suburb as earthquakes continue to rattle North Texas. More localized seismometers in Irving are “the first step in understanding the nature of the seismic activity,” Professor Brian Stump …
January 12, 2015
Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states, according to a report from the state’s insurance regulator. At the same time, the report warns, several pending court cases and …
January 12, 2015
North Carolina property insurers are on hold while the industry-backed rating agency contemplates whether to appeal a decision by regulators denying a proposed 25.3 percent rate increase. The North Carolina Rate Bureau made the rate filing on behalf of the …
January 12, 2015
Faced with a rising number of consumer complaints, Florida’s state-backed property insurer has announced a series of changes to its takeout program. The news comes as the insurer said it is highly unlikely to need policyholder assessments in 2015. Citizens …
January 12, 2015
Raymond Farmer is staying on to lead South Carolina’s Department of Insurance. Farmer said he was asked by Gov. Nikki Haley to stay on in the position he’s held since 2012. Farmer took over nearly a year after the agency’s …