Monthly Archives: <span>March 2017</span>

Luxembourg Successfully Woos UK Finance Firms Seeking Post-Brexit HQs

Luxembourg is becoming a serious contender among nations bidding for business to come their way after the U.K.’s exit from the European Union, as insurers, asset managers and financial-technology companies are interested in setting up shop in the Grand Duchy. …

London Insurance Market Provides Brexit Negotiations’ Wish-List

A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients’ access to the London insurance market, according to the London Market Group (LMG), an association representing London’s re/insurance underwriters and brokers. The LMG …

New Hampshire House Adds Medical Pot Qualifiers, Backs Decriminalization

The New Hampshire House voted overwhelmingly Wednesday in support of decriminalizing small amounts of marijuana and expanding access to medical marijuana for people suffering from chronic pain or post-traumatic stress disorder. The bills won support from more than 300 of …

Pennsylvania Airport Worker Loses Leg, Firm Ordered to Pay Workers’ Comp

An appeals court says an aviation company was wrong to reject a workers’ compensation claim from a woman who lost her leg on the job. Starr Aviation had said Modesty Colquitt wasn’t entitled to compensation because she wasn’t working when …

House Balks at Senate Plan for Mississippi Oil Spill Damage Account

Mississippi lawmakers may be unable to decide this year how to spend $750 million in oil spill damage payments, with sniping between House and Senate members after a bill died at a Tuesday deadline for action when the House Appropriations …

Bill Would Allow Use of Golf Carts to Deliver Packages in Kentucky

Golf carts could become part of package-delivery fleets if a bill advancing in the Kentucky General Assembly becomes law. The measure won passage in the state House on a 61-36 vote after a long debate Wednesday. The proposal now goes …

Professional Insurance Agents of Connecticut Elects Distel as President

The Professional Insurance Agents of Connecticut Inc. (PIACT) elected Kenneth A. Distel of Avon, Conn., as president at the association’s Annual Convention held in March at the Foxwoods Resort Casino in Mashantucket, Conn. PIACT is a trade association representing professional, …

Keenan & Associates Enters Agreement with Florida-Based AssuredPartners

Keenan & Associates, a Torrance, Calif.-based insurance consulting and brokerage firm, has entered into an agreement to join Lake Mary, Fla.-based brokerage AssuredPartners Inc. Following the agreement, Keenan’s employees will continue operations under the current leadership of president and CEO …

Employers Struggle to Manage Benefits Covering Specialty Drugs

Twenty-seven percent of employers are offering their employees a high deductible plan with co-insurance as part of their specialty drug benefit, and although this strategy helps to lower insurance premiums, it can also result in members not being able to …

70% of Employers Say Prescription Drug Abuse Affects Workplace

More than 70 percent of United States employers are feeling the direct impact of prescription drug misuse in their workplaces, according to a survey from the National Safety Council. The survey, How the Prescription Drug Crisis Is Impacting American Employers, …