Monthly Archives: <span>February 2015</span>

More than 2.5K Oklahoma Agents Take Earthquake Coverage Class

Oklahoma insurance agents are receiving training about earthquake insurance as a swarm of temblors continues to shake the state. More than 2,500 Oklahoma insurance professionals have completed a one-hour continuing education course on earthquake coverage, according to state Commissioner of …

Wastewater Injection Shaking Oklahoma; Tracking, Management Needed

Not so many years ago, earthquake science was no more relevant to Oklahoma than marine biology. But these days the state is shaking way more often than California, and giving many people there an unwanted crash course in seismology. Last …

2014 Workers’ Compensation Rates Ranked by State

The median index rate for workers’ compensation insurance fell to an all-time low in 2014 to $1.85 per $100 of payroll. Index rates in 2014 varied from a low of $0.88 in North Dakota to a high of $3.48 in …

Ullico Increases Fiduciary Liability Limits to $25 Million

Ullico Inc.’s property and casualty insurance subsidiary, Ullico Casualty Group, Inc., may offer up to $25 million in multiemployer fiduciary liability insurance in its program with Alterra America Insurance Co., a Markel company. The $10 million increase in coverage is …

Feds Say Speed Not a Factor in West Virginia Oil Train Crash

Speed doesn’t appear to have been a factor in an oil-train derailment in southern West Virginia, a federal transportation official said Thursday. The CSX train was going 33 mph at the time of the crash on Feb. 16 in the …

Duke Energy Faces Federal Charges from Illegal Pollution at 5 North Carolina Plants

Federal prosecutors filed multiple criminal charges against Duke Energy on Friday over years of illegal pollution leaking from coal ash dumps at five North Carolina power plants. The three U.S. Attorney’s Offices covering the state charged Duke with nine misdemeanor …

N.H. Lawmakers Work to Tackle High Workers’ Comp Costs

If a worker in New Hampshire gets hurt on the job, an anesthetic injection can cost $763 under a workers’ compensation claim, compared to $298 for non-work related injuries. Surgical treatment for tendinitis in the shoulder costs about $2,200 if …

New Jersey’s U.S. Senators Seek Probe of Any Sandy Insurer Fraud

New Jersey’s U.S. senators want the state attorney general’s office to investigate possible fraud by insurance companies following Superstorm Sandy. Sens. Robert Menendez and Cory Booker asked Acting Attorney General John Jay Hoffman to investigate any fraud by insurers looking …

Glatfelter Promotes Williams to VFIS Senior VP in Pennsylvania

Glatfelter Insurance Group in York, Pennsylvania, has promoted Edmund Williams from vice president and program manager to senior vice president and program manager for VFIS, a Glatfelter division that provides insurance, education and consulting services to emergency service organizations.

MGAA Unveils Plans for First UK MGA Conference

The UK’s Managing General Agents’ Association (MGAA) announced plans at its 3rd Annual General Meeting to hold its first UK MGA conference at the One America Square in London on 1 July 2015. The organization has rapidly become one of …