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

Kentucky Lawmakers Tackle Details of $100M Tobacco Settlement

State lawmakers are trying to figure out how to enforce the terms of a settlement reached with the nation’s largest tobacco companies. What’s at stake: About $100 million in state revenue every year that pays for a host of agricultural, …

Apex Insurance Combines with Public Risk Underwriters of Georgia

Brown & Brown subsidiaries Apex Insurance Agency, Inc. (led by Karl F. Snearer) and Public Risk Underwriters of Georgia (led by Michael H. White) will combine to operate together under the Apex brand. In combination, these organizations place an array …

North Carolina Lawmakers, Commissioner Support Insurance Rate Legislation

Republican lawmakers and Democratic state Insurance Commissioner Wayne Goodwin back legislation they say would improve the process to set North Carolina homeowner insurance rates and give insurers a new way to cover huge losses after a hurricane. House and Senate …

Transportation Network Company Insurance Bill Passes Oklahoma Senate

A bill addressing the insurance requirements of transportation network companies (TNCs), or rideshare organizations, and their drivers has passed the Oklahoma Senate by an overwhelming majority vote of 40-3. SB 436, the Transportation Network Act of 2015, sets coverage requirements, …

U.S. Dominates Climate Change Litigation

It’s almost counterintuitive if you think about it. There is far more litigation related to climate change in the U.S. compared with Europe, which is usually considered more progressive on the issue. For an example of how climate change can …

N.J. Senate President: Bill to Give Sandy Victims Estimates of Aid Receipt

New Jersey residents still recovering from Superstorm Sandy would get individual estimates of when they can expect to receive rebuilding aid under legislation proposed by the state Senate president. Steve Sweeney says his bill is designed to increase transparency and …

Maryland Commissioner Redmer Announces Sale of His Baltimore Agency

Maryland’s new insurance commissioner, Al Redmer, Jr., announced the sale of his agency Redmer Insurance Group LLC to two of the firm’s employees, Partner and Principal Agent Liz Mika and Partner Ann Ansel. Terms of the transaction were not disclosed. …

Allied Insurance Brokers Announces 2 Hires in Pittsburgh

Allied Insurance Brokers hired Richard McElhaney as assistant vice president of Safety & Risk Management, and Bill Ferguson as producer for the Eastern U.S. region. Both are based out of Allied’s Pittsburgh headquarters. McElhaney will lead Allied’s newly formed in-house …

InsuraMatch Online ‘Super Agency’ Offers ‘Personality-Driven’ Options

Do you prefer a fixed price or a la carte? How about paperless or paper? Are you a cat person or a dog person? Do you prefer “old school” or “new school”? These are some of the optional questions for …

Vermont Health Chief: Exchange Cost Pushes $200M

As Vermont’s health care reform chief was about to address lawmakers Tuesday on Vermont’s trouble-plagued health insurance exchange, his computer presentation couldn’t get started. “Once again, we’re talking about Vermont Health Connect, so we’re having technical issues,” joked Lawrence Miller, …