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Oklahoma House Republicans Roll Out Their Workers’ Comp Reform Plan

Republicans in the Oklahoma House of Representative followed their counterparts in the state Senate on Jan. 14 by introducing their plan to overhaul Oklahoma’s workers’ compensation system. Senate Republicans unveiled their legislative intent on Jan. 11. The Republicans say an …

World Economic Forum Presents Global Risks Report for Davos Summit

The World Economic Forum released Global Risks 2010, its annual report on the most significant global risks facing the global economy, in a presentation held at Marsh’s London office. The report, which the WEF has prepared in each of the …

Missouri High Court Hearing Challenge to Malpractice Limits

Missouri Supreme Court is considering whether to overturn limits on how much money people can be awarded in medical malpractice cases. The case challenges a 2005 law that set a flat $350,000 cap for non-economic damages, such as for pain …

Copart to Acquire Five UK Facilities

Copart UK Limited announced that it has agreed to acquire D Hales Limited, a UK-based vehicle salvage disposal company, headquartered in Bristol, with five auction and auto parts facilities located in Bristol (Avonmouth), Bedford, Colchester, Gainsborough and Luton. Prior to …

Sharp Rise in Motorcycle Deaths Since Repeal of Texas Helmet Law

In Texas, the repeal of a motorcycle helmet law has been followed by a sharp increase in fatal motorcycle crashes, according to a study in the January Southern Medical Journal, official journal of the Southern Medical Association. “Since the 1997 …

Winter Weather Freezes UK, Europe, But Impact is Limited

Old Man Winter has been showing his teeth. Freezing temperatures, combined with the heaviest snowfalls Britain and Europe have seen in 30 years, have snarled road, rail and air transportation, caused power outages and generally played havoc across northern Europe …

Geithner Denies Role in Hiding AIG Payments to Banks

U.S. Treasury Secretary Timothy Geithner said Thursday the bailout of insurer American International Group was not meant to help out bank counterparties and that he had no role in the decision not to disclose payments made to banks. In his …

Alabama House Passes Ban on Driver Texting

The Alabama Legislature has taken the first step toward banning drivers from sending or writing a text message while operating a vehicle on a public road. The House Public Safety Committee approved a bill this week that would fine a …

Florida Workers’ Comp Insurer SUNZ Buys Tennessee’s Brentwood National

SUNZ Insurance Co. of St. Petersburg, Fla. reported it has acquired Brentwood National Insurance Co. of Brentwood, Tenn., a workers’ compensation services and claims firm. SUNZ sells workers’ compensation policies to professional employer organizations (PEO) and staffing companies. It was …

State Farm to Drop 1,650 Policies on North Carolina’s Barrier Islands

State Farm will drop as many as 1,650 insurance policies on homes on North Carolina’s coastal barrier islands, according to state officials. Kristin Millam, public information director for the North Carolina Department of Insurance, said State Farm executives told regulators …

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