June 23, 2010
The good news is that state revenue in Oklahoma is improving. The bad news is that the state’s unemployment rate is increasing. The state Board of Equalization has certified revenue that will be available to pay for state services during …
June 23, 2010
Hawaii Insurance Commissioner J.P. Schmidt has announced the formation of a business association between First Insurance Company of Hawai’i (FICOH) and AXIS Insurance Co. Through this program, AXIS Insurance Co. will offer hurricane insurance to new and existing FICOH homeowners …
June 23, 2010
A judge on June 21 ordered the state of Louisiana to reconsider its award of a contract to Blue Cross and Blue Shield of Louisiana to administer the HMO health plan for state workers, retirees and their dependents. Humana previously …
June 23, 2010
A new court ruling says the Arizona Legislature’s raid of nearly $4.7 million from a special fund for injured workers was illegal. Maricopa County Superior Court Judge Larry Grant says the money to be transferred into the state general fund …
June 23, 2010
A recent spate of motorcycle accidents have prompted renewed calls for an Iowa helmet law. The Insurance Institute for Highway Safety reports Iowa, Illinois and New Hampshire are the only states without helmet laws, even to protect their youngest residents. …
June 23, 2010
Chancellor George Osborne’s budget proposals, featuring spending cuts and new taxes, has received mostly a thumbs up from the Association of British Insurers. Commenting on the measures, Kerrie Kelly, the ABI’s Director General, stated: “We wholly support the commitment to …
June 23, 2010
Privately owned insurance brokerage, Hylant Group, has hired employee benefits industry expert Gates Ryan as client executive in its Chicago office. In this role, he will provide strategic consultation regarding all aspects of health and wellness benefits for individuals and …
June 23, 2010
Dutch insurer Aegon NV is considering the sale of its U.S.-based Transamerica Reinsurance unit but has decided not to sell its UK arm, as it seeks to concentrate on its most profitable activities. Aegon said on Tuesday any proceeds from …
June 23, 2010
Paul Marshall has joined ASI Healthcare in Atlanta, a division of American Safety Insurance, as vice president of sales in ASI Healthcare Division. Marshall will be responsible for ASI’s liability products for long-term care services, such as nursing homes, assisted …
June 23, 2010
Willis Programs of New Hampshire, Inc., a unit of Willis Group Holdings, announced that it has signed an agreement with Krause and Butt Insurance Brokers Limited of Barrie, Ontario, Canada to offer the RecycleGuard program exclusively in Ontario. Willis described …