January 26, 2010
The Illinois Department of Insurance has revoked the licenses to sell insurance of Daniel Martin Deitz of Bloomingdale and his Schaumburg-based agency Danny Martin CLU and Associates (collectively “Martin”) and imposed a $100,000 fine – the maximum penalties allowed under …
January 26, 2010
Limestone Insurance, Lexington Insurance Agency, Inc., Durrett Insurance and Insuramax have joined Keystone Insurers Group (KIG), bringing KIG’s number of agencies in Kentucky to six. Keystone is the nation’s sixth largest privately-held property/casualty agency. These four firms become part of …
January 26, 2010
Emergency service volunteers that are injured while assisting with a state of emergency may be entitled to workers’ compensation benefits, according to the state Department of Consumer and Business Services. According to the amendment to House Bill 3021, if the …
January 26, 2010
American International Group Inc. has given employees of its Financial Products unit until Tuesday to accept a cut in money owed them under a retention plan in return for an earlier payout, according to proposals obtained by Reuters Monday. The …
January 26, 2010
A U.S. bailout watchdog has launched two new investigations into the New York Federal Reserve Bank’s actions on insurer AIG’s disclosure of payments to banks after its 2008 rescue, excerpts of prepared congressional testimony showed on Monday. Neil Barofsky, the …
January 26, 2010
The U.S. government Tuesday banned hand-held “texting” by drivers of large commercial trucks and buses to avoid the danger of distracted driving. Transportation Secretary Ray LaHood said in a statement the prohibition takes effect immediately. It follows a similar ban …
January 25, 2010
Former eBay chief executive Meg Whitman has opened up a sizable lead over state Insurance Commissioner Steve Poizner in the race for the Republican gubernatorial nomination, according to a Field Poll. The poll found 45 percent of likely GOP voters …
January 25, 2010
Oklahoma was one of only four states to show lower unemployment in December, compared with the month before, with a drop of half a percentage point to 6.6 percent, according to federal figures. That was the biggest improvement in joblessness …
January 25, 2010
A politically active construction-industry group wants voters to decide whether Washington’s workers’ compensation system should face private competition, a move opposed by organized labor and top Democratic lawmakers. The Building Industry Association of Washington has filed paperwork for an initiative …
January 25, 2010
A New Jersey plumber who was severely injured while driving to a coffee break can collect full workers’ compensation benefits, a Superior Court has ruled. The decision centers on injuries suffered by Jesse J. Cooper Sr., a master plumber and …