Currents

Inland businesses can be hurt when coastal storms strike

It took O’Charley’s regional operations director in Hattiesburg, Miss., most of a week to get in touch with the restaurant chain’s Nashville headquarters after Hurricane Katrina pounded the Gulf Coast two summers ago. This summer, though, Dan Hunter has a …

Storms of 2007

The National Hurricane Center has identified the names that will be used during 2007 to designate storms. Names of storms that are particularly destructive or deadly are retired and replaced. Names beginning with the letters Q, U, X, Y and …

Arizona aims to raise workers’ compensation benefits limits

Arizona is proposing to increase the caps on workers’ compensation benefits received by employees hurt on the job. Under a freshly rewritten workers’ compensation bill given preliminary Senate approval on voice vote, the current $2,400 monthly cap on how much …

Lessons learned and applied

Among lessons that local businesses have learned and are putting into practice are: Get a plan. Officials with several Midstate companies that do business along the coast say they are offering training and providing educational materials for employees in hurricane-prone …

Warning: Scammers using Maine insurer’s name

The Maine Bureau of Insurance is advising consumers to beware of an illegal sweepstakes scam targeting MMG Insurance Co., a Maine domestic workers’ compensation insurer located in Presque Isle. Officials at MMG notified acting Superintendent Eric Cioppa that individuals across …

Calif. State Fund files 11% premium decrease

California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect new and renewal workers’ compensation policies with an effective …

Fla. extends police, firefighter workers’ compensation benefits

Florida police, firefighters, paramedics and other first responders would have an easier time becoming eligible for workers’ compensation benefits, and would get a better package of benefits under legislation signed into law earlier this month by Gov. Charlie Crist. The …

N.Y. vows to revamp regulation to remain financial capital

New York Gov. Eliot Spitzer has created a commission to identify ways for New York to enhance its status as a world financial capital by modernizing its regulatory scheme and perhaps merging state regulation of insurance, banking and securities. “The …

Bank of Albuquerque awarded New Mexico insurance contract

The Bank of Albuquerque will be the custodian of more than $380 million in deposits from about 1,400 insurance companies doing business in New Mexico. The bank has been awarded a one-year contract, beginning July 1, to oversee the deposits, …

Sen. Alexander takes up nuclear workers’ cause

U.S. Sen. Lamar Alexander, R-Tenn., is pressing the Bush administration to fully fund a compensation program for sick nuclear weapons workers and calling for Senate hearings on why claims have been delayed. “It has come to our attention that critical …

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