August 18, 2015
The National Council on Compensation Insurance Inc. has filed a workers’ compensation rate proposal in Iowa that would increase voluntary and assigned risk rates by 2.7 percent from the current rates that became effective Jan. 1, 2015, the state insurance …
August 18, 2015
Alliant Insurance Services, a specialty insurance brokerage based in Newport Beach, California, hired Reed VanOrsdel as vice president of Employee Benefits Group. VanOrsdel is based in Alliant’s Bethesda, Maryland, office. VanOrsdel will focus on business development, revenue growth, and plan …
August 18, 2015
BP PLC’s $18.7 billion settlement for its 2010 oil spill may not end lawsuits filed by two Louisiana public university systems against the oil giant, a newspaper reported. Since many details are under wraps, it hasn’t been clear whether the …
August 18, 2015
The Jacksonville, Florida-based Brightway Insurance said it received $20 million in bank financing through SunTrust Bank to help fund its national expansion. Brightway is a national property/casualty insurance agency selling through a network of franchised locations. The company started in …
August 18, 2015
Florida Insurance Commissioner Kevin McCarty said on Aug. 14 that the National Flood Insurance Program’s (NFIP) rates for Florida may be “unfairly discriminatory” and that his office will ask for the actuarial study, including data and models used to determine …
August 18, 2015
Crews working through the night stopped the spread of two Los Angeles County fires in Southern California that burned several structures, charred hundreds of acres of dry brush and led to the arson arrest of one person. A brush fire …
August 18, 2015
Crews continued their battle late Monday with several large fires threatening home in the Chelan area in central Washington. The blazes have destroyed more than 50 structures, forced about 1,500 residents to flee and scorched more than 155 square miles. …
August 18, 2015
Lightning across northwestern Colorado is suspected of sparking about 30 fires over the weekend, keeping firefighters running from one fire to another. The largest of the wildfires is the Four Mile Fire, which is burning on just over 1,000 acres …
August 18, 2015
A former deputy superintendent for the Twin Rivers Unified School District in Northern California will receive $300,000, settling a lawsuit she filed against district officials after she was fired in 2012. The Sacramento Bee reported the school district, its former …
August 18, 2015
California Gov. Jerry Brown has signed Assembly Bill 553, which establishes new oversight aimed at reducing the number of insurance company insolvencies. AB 553 was authored by Assemblyman Tom Daly, D-Anaheim, and was sponsored by Insurance Commissioner Dave Jones and …