Certain home improvement contractors in Connecticut could soon be obligated to hold liability insurance. The Connecticut House of Representatives on Thursday voted 140-2 in favor of legislation that would require state-registered contactors with a gross annual income of $30,000 or …
Global specialty insurer Brit PLC has named Steve Courchaine as senior vice president to launch a new General Liability team for Brit Global Specialty USA. Courchaine was formerly chief underwriting officer of IFG and has 30 years of experience underwriting …
A Peoria, Ill., auto parts manufacturer has been fined $114,100 for federal workplace safety violations that the government says put workers at risk of amputation and other injuries. The U.S. Department of Labor’s Occupational Safety and Health Administration says it …
The Sally Beauty chain, headquartered in Denton, Texas, has confirmed that it has suffered its second data breach in just over two years. The beauty products seller notified customers earlier this month that it was investigating reports of unusual activity …
Gov. Mary Fallin has named Bob Gilliland of Oklahoma City as chairman of the Oklahoma Workers’ Compensation Commission. Gilliland was appointed in 2013 as one of the three initial members on the commission. He takes over as chairman on June …
A.M. Best has revised the outlook to positive from stable for the issuer credit rating (ICR) of MGA Insurance Co. Inc. (MGA) in Dallas and affirmed its ICR of “bbb.” Concurrently, A.M. Best has affirmed the financial strength rating of …
The Hanover Insurance Group, Inc. has launched an enhanced suite of general liability and umbrella coverage offerings for independent insurance agents to offer their business clients. These product enhancements include industry-specific and specialized coverage endorsements that can further extend coverage. …
A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of American Agricultural Insurance Co. (AAIC) of Indianapolis, Ind. The revision of the outlooks …
A judge has ordered a defunct Nebraska insurance firm to pay Florida regulators at least $2.2 million, but this week’s ruling isn’t likely to settle the case that began in 1998. The Nebraska Supreme Court has already ruled on aspects …
A recent study by the Workers Compensation Research Institute (WCRI) found costs per workers’ compensation claim in Louisiana changed little from 2011 to 2013 ― a flattening that followed three years of 5 percent annual growth. The WCRI study, CompScope …
