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West Virginia Workers Compensation Insurer BrickStreet Approved in Illinois

West Virginia-based BrickStreet Mutual Insurance said it has been approved to begin writing workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet …

Firms Fined after Worker Dies in Vat of Chocolate

Two chocolate processing companies in Camden, New Jersey have been fined for safety violations following the death of an employee who fell into a giant vat of chocolate in July. The U.S. Department of Labor’s Occupational Safety and Health Administration …

K&K to Offer New Programs with Scottsdale Insurance

K&K Insurance Group, based in Fort Wayne, Ind., had added several new programs with Scottsdale Insurance Co. and its affiliated companies, including National Casualty Co. for admitted property and casualty business. K&K will underwrite and provide policy management and claims …

Mass. Officials Pinpoint Cause of Fire That Injured 6

Fire investigators say a weekend blaze at a Malden apartment building that sent six people to the hospital was caused by an electrical problem. The fire forced dozens from their homes early Saturday morning and caused an estimated $6 million …

New Jersey Drunken Driver Ignition Lock Bill Approved

Some first-time drunken drivers will have to install ignition interlock devices under legislation approved by both houses of the New Jersey Legislature. The Assembly and Senate both overwhelmingly passed the bill on Monday, sending it to Gov. Jon Corzine’s desk. …

Safety Agrees to Change Motorcycle Premium Calculations in Massachusetts

Boston-based insurer Safety Insurance Group Inc. said it has reached an agreement with the Massachusetts Attorney General’s office to change the way in which it calculated motorcycle insurance premiums for certain types of coverage dating back to January 1, 2002. …

Obama to Seek Fees From Banks, AIG to Recoup Bailout Funds

President Barack Obama will propose a fee Thursday to recoup from the country’s top financial institutions up to $117 billion lost on a taxpayer bank bailout fund, a senior administration official said. Obama will announce the plan in a statement …

Mississippi’s Jackson County Readying to Buy Flood Prone Properties

A program to buy oft-flooded properties in Jackson County, Mississippi may be moving forward after years of delays. After Hurricanes Georges in 1998 and Katrina in 2005, the Federal Emergency Management Agency and Mississippi Emergency Management Agency offered to purchase …

Georgia Estimates Snow, Ice Storm to Cost Insurers $25 Million

Georgia Insurance Commissioner John Oxendine said that insured losses in North Georgia from the recent snow and ice storm are estimated to be about $25 million. The estimate includes damage to cars as well as homes and businesses and that …

Navigators Replacing CNA on Schinnerer Non-Profit D&O Program

CNA and Victor O. Schinnerer & Co., Inc. are ending their carrier and managing general underwriter relationship in the non-profit directors and officers (D&O) program. The split, which the firms said is amicable, will begin for policies effective June 1, …

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