Currents

Where are all the young guns?

Look around you. Take a long look at the folks in your agency or company. And then break out your calculator. What is the average age of your employees or colleagues? What percent of your firm’s workforce were already adults …

Conn. high court rules liability waiver

Requiring a worker to sign a liability waiver does not give blanket immunity to employers if that person is later hurt on the job, the state Connecticut Supreme Court has ruled. The ruling said the waivers do not protect employers …

Power shift in the political landscape

Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control of …

Declarations

Soundly defeated “We’ve learned that we need not fear voters won’t understand the benefits of credit scoring and will respond on basis of their own interests. I think we had a fairly good idea that we were going to win. …

Democratic Congress OK for industry traditionally tied to Republicans

The new Congress may be blue on Capitol Hill, but insiders say that’s not necessarily a bad color for the insurance industry. “The more things change, the more they may remain pretty much the same,” said National Association of Professional …

Lame duck Romney team pushes ahead with high risk plan change

Massachusetts Insurance Commissioner Julianne Bowler said she intends to finish what she started three years ago in trying to refashion the state’s high risk auto insurance system, despite urgings by some that she leave the task for the administration of …

It Figures

36% The share of private companies, many of them uninsured, which experienced an employee theft averaging nearly $350,000 within the past five years, according to new research by the Chubb Group of Insurance Companies. 23 The number of state legislatures …

Oregon insurance division to sponsor five bills

Oregon’s Insurance Division said it will introduce five bills in the state Legislature’s upcoming session, which convenes in January 2007. Following is a summary of legislation the Insurance Division plans to sponsor. Insurance product approvals by rule: The bill would …

N.Y. workers’ comp trusts: rising prices and broker concerns

N.Y. workers’ comp trusts: rising prices and broker concerns The inadequate rates that many of New York’s workers’ compensation self-insured trusts charge may increase effective Jan. 1, 2007 due to imminent changes in regulations from the New York State Workers’ …

Miss. couple denied new trial on storm surge

A federal judge says he won’t order a new trial for a Pascagoula, Miss. couple whose lawsuit against their insurance company was the first case to be tried in Gulfport after Hurricane Katrina spawned hundreds of similar lawsuits. U.S. District …

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