Articles by Kenneth J. St. Onge

Storm Losses Largest in North Carolina and Virginia

The massive, weekend storm system that killed dozens of people, and destroyed buildings, livestock and other property as it swept east across the country, produced the most significant insured losses in North Carolina and Virginia, officials said. The thunderstorm system …

Pennsylvania House Passes Tort Reform Bill

Pennsylvania House lawmakers have passed a major tort reform bill, an agent-supported move that sets up a vote in the Senate — which could happen as early as this month. The tort reform bill, also called the Fair Share Act, …

Pennsylvania House Passes Tort Reform Bill

Pennsylvania House lawmakers have passed a major tort reform bill, an agent-supported move that sets up a vote in the Senate that could happen as early as this month. The tort reform bill, also called the Fair Share Act, is …

No on D&O

Giant Berkshire Hathaway, which makes much of its money on insurance and investing insurance premiums, does not provide liability insurance for its own directors. Warren Buffett, the 80-year-old chairman of Berkshire Hathaway and billionaire investor, issued his annual letter to …

Maryland Weighs Prohibition on Insurers’ Use of Credit Scores

Maryland lawmakers are weighing whether to prohibit insurers from using credit scores to rate auto insurance policies — a move insurers say is a bad idea. The economic matters committee of the House of Delegates recently held an hearing on …

Pennsylvania Considers Workers’ Comp for Small Business Owners

Agents in Pennsylvania are urging lawmakers to pass legislation that would allow insurers to cover owners or partners of small businesses through a workers’ compensation policy. The legislation changes insurance laws to allow coverage for sole proprietors, partners of a …

Pennsylvania Ponders Workers’ Comp for Small Business Owners

Agents in Pennsylvania will urge lawmakers today to pass legislation that would allow insurers to cover owners or partners of small businesses through a workers’ compensation policy. The legislation changes insurance laws in the state to allow coverage for sole …

Maryland Weighs Prohibition on Insurers’ Use of Credit Scores

Maryland lawmakers are weighing whether to prohibit insurers from using credit scores to rate auto policies — a move insurers say is a bad idea. The economic matters committee of the House of Delegates recently held an initial hearing on …

Agreement Leaves Massachusetts Workers’ Comp Rates Flat

The organization that files workers’ comp rates in Massachusetts has agreed to leave premiums flat through next year, following an agreement with the state’s attorney general that blocked a proposed increase of 6.6 percent. The Workers’ Compensation Rating and Inspection …

Mitigation Consensus

The Griffith Insurance Education Foundation recently brought together industry, government and academic leaders — many from disaster-prone coastal states such as Florida Louisiana and Mississippi for a symposium at Ohio State University. By the end of symposium, which was titled …