Articles by Young Ha

Maine Expresses Opposition to OSHA’s SHARP Program Changes

Maine’s Commissioner of Labor Jeanne Paquette said in a statement Wednesday that the state’s Department of Labor is opposed to the Occupational Safety and Health Administration’s (OSHA) changes to the Safety and Health Achievement Recognition Program award (SHARP). The SHARP …

Insurance Groups Criticize Massachusetts Rideshare Regulations

Insurance industry associations say Massachusetts’ newly developed rideshare regulations are vague and woefully deficient in addressing the insurance concerns. The regulations, crafted by Massachusetts Department of Transportation (MassDOT), were published in the Massachusetts Register on Jan. 16, according to the …

NYIA: State Continues to Divert Assessment Funds

The New York Insurance Association (NYIA) is urging the New York state government to stop its practice of diverting assessments levied on New York-domiciled insurers to fund non-insurance programs and operations. NYIA said this month marks the five years since …

Vermont’s Donegan to Be Reappointed as DFR Commissioner

Vermont’s Democratic Gov. Peter Shumlin, who was sworn in to a third two-year term last Thursday, will reappoint Susan L. Donegan as commissioner of the Department of Financial Regulation (DFR).

R.I. Begins Issuing 3 Distinct Adjuster Licenses

Rhode Island’s Insurance Superintendent Joseph Torti III issued a bulletin on Dec. 22 on the Ocean State transitioning to new license categories for adjusters. “Effective Jan. 1, 2015 the Rhode Island Insurance Claim Adjuster statute has been amended,” Superintendent Torti …

Mass. FAIR Plan Expands to Include Dwelling Liability Coverage

The Massachusetts Property Insurance Underwriting Association (MPIUA) — also known as the Massachusetts FAIR Plan — has expanded to include the writing of dwelling liability coverage, effective Jan. 7, 2015. The expansion is mandated by S-465 (“An Act Relative to …

Penn. Commissioner Consedine to Leave Post After Gov.-Elect Wolf Is Sworn In

Michael Consedine, Pennsylvania’s insurance commissioner and president-elect of the National Association of Insurance Commissioners (NAIC), will leave the Insurance Department after Democratic Gov.-elect Tom Wolf is sworn in as the 47th governor of Pennsylvania on Jan. 20.

Workers’ Comp Insurers Unfazed by TRIA Failure For Now But Expect Quick Fix

The expectation that the new Congress that convenes this week will act quickly to reauthorize the Terrorism Risk Insurance Act (TRIA) is keeping workers’ compensation insurers in particular from altering their behavior at least for now, according to insurance executives. …

Redmer to Return as Maryland’s Insurance Commissioner

Maryland’s Republican Gov.-elect Larry Hogan has named Al Redmer, Jr. to be the state’s insurance commissioner.

Snowstorm Recovery Efforts Continue in Buffalo, N.Y.

The Buffalo, New York, region is continuing to recover and assess damages from last week’s record-breaking lake-effect snowstorm that brought more than 7 feet of snow to the area. State Farm spokesperson Rachael Risinger said that as of Tuesday, Nov. …