September 4, 2017
The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are doing business in California. According to a report from American Express and Dun & Bradstreet released in …
September 4, 2017
New York Bus Operators Compensation Trust (NYBOCT), a Bay Shore, N.Y.-based group self-insured trust created by a number of New York passenger bus companies, has filed a complaint against Arthur J. Gallagher & Co., Gallagher Bassett Services Inc. and Risk …
September 4, 2017
Crews encountered air brake problems before a 178-car freight train derailed in Pennsylvania in early August, causing hazardous material to ignite and forcing nearby residents to evacuate, federal investigators said. The National Transportation Safety Board’s preliminary report issued Monday said …
September 4, 2017
Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has hired Randy Eifert as senior vice president of its Private Client Group and as Risk Management Practice leader. Eifert will provide executive leadership and support company-wide in personal and commercial lines …
September 4, 2017
Pennsylvania Gov. Tom Wolf has selected Insurance Commissioner Teresa Miller to lead the state’s Department of Human Services, effective Aug. 21. He simultaneously announced in an email to state employees that Jessica Altman will serve as Miller’s replacement to lead …
September 4, 2017
On Aug. 28, President Donald Trump approved Louisiana Gov. John Bel Edwards’ Federal Emergency Declaration request for Beauregard, Calcasieu, Cameron, Jefferson Davis and Vermillion Parishes. The president’s approval opened the way for federal assistance in the state’s recovery from Tropical …
September 4, 2017
Oklahoma’s workers’ compensation system seems to have benefited from reforms that were initiated in 2013, at least in terms of premium costs for businesses. By the end of 2016, employers in Oklahoma had seen a 30 percent reduction in workers’ …
September 4, 2017
Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, according to an insurance research group. As heavy rain pounded Houston and Texas’s coastal counties on Aug. 27, the …
September 4, 2017
Flood losses from Hurricane Harvey, which made landfall as a Category 4 storm late on Aug. 25 near Rockport, Texas, are expected to vastly outnumber those from wind but that doesn’t mean property losses will be insignificant. As of Aug. …
September 4, 2017
Louisiana-based workers’ compensation insurance provider, LWCC, has promoted Brent Toups to vice president of policyholder services and agency relations. Toups has over 19 years of industry experience with LWCC gaining expertise in the fields of premium audit, agency relations and …