July 25, 2016
Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm, Kohlberg & Co. With capital and two board members from Kohlberg, U.S. Risk plans to expand by …
July 25, 2016
Gun-rights activists, some of them wearing camouflage and military-style gear and openly toting rifles and handguns, marched alongside the hundreds of people who flocked to downtown Dallas on July 7 to protest police shootings of blacks. Their presence was part …
July 25, 2016
Arkansas Insurance Commissioner Allen Kerr says the Consumer Services Division (CSD) of the Arkansas Insurance Department recovered $1,580,421 for Arkansas insurance customers in the first six months of 2016. By comparison, $1,443,296 was recovered in the first half of 2015. …
July 25, 2016
According to new data released by CoreLogic, the 2016 hail season is already one of the most severe in Texas history, with year-to-date results reaching the nine-year average for U.S. hail storm damage. Estimated losses from hail events this year …
July 25, 2016
The Oklahoma Department of Labor is warning businesses in that state that civil penalty amounts assessed by federal safety regulators for workplace safety violations are going up beginning Aug. 1. The Oklahoma DOL says Occupational Health and Safety Administration penalties …
July 25, 2016
The Work Loss Data Institute (WLDI) has withdrawn its Official Disability Guidelines from the National Guideline Clearinghouse, a public resource for evidence-based clinical practice guidelines, operated by the U.S. Department of Health and Human Services. WLDI describes the ODG as …
July 25, 2016
The Oklahoma Supreme Court reversed the decision of an Oklahoma Workers’ Compensation Commission administrative law judge and ruled that a workers’ comp claim for a slip and fall on an icy sidewalk next to an employer’s parking lot is compensable. …
July 25, 2016
It is estimated that nearly half of all drivers on the nation’s roads are over the age of 65 and this number is projected to increase to 77 percent in the next 30 years, a recently published study says. Additionally, …
July 25, 2016
Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which standard insurance markets have little appetite. That was …
July 25, 2016
Officials say the cost of damage from a fire at the Grand River Dam Authority’s main generating facility in Chouteau, Okla., could reach $200 million. GRDA spokesman Justin Alberty says the July 1 fire’s total cost is expected to be …