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Cleaning Company Owner Pays $43K Restitution to Ohio Workers’ Comp Insurer

The owner of a Columbus, Ohio, cleaning company who continued to run his business after his workers’ compensation insurance lapsed in 2010 has paid more than $43,000 in restitution to the Ohio Bureau of Workers’ Compensation (BWC), the insurer announced. …

Lawsuits: Operator of Oklahoma Rig That Exploded Used Cheaper Drilling Plan

The operator of a gas well that exploded in southeastern Oklahoma used a cheaper and quicker drilling plan than experts advised, the latest court filings in two lawsuits allege. Amendments filed earlier this month to the wrongful death lawsuits filed …

Illinois Launches Autonomous Vehicle Testing Program

The Illinois Department of Transportation has begun a statewide initiative among multiple government agencies to develop a testing program for connected and autonomous vehicles. Gov. Bruce Rauner signed an executive order last week directing IDOT to develop a program called …

Stephens Insurance Adds 4 in Management Positions in Texas

Stephens Insurance LLC an independent, financial services firm, has hired Chris Hawkins as senior vice president, Robert Mann and John Rhodes as vice presidents, and Kevin Yandell as claims coordinator. All four are located in Texas. Hawkins will lead the …

Transit Authority in Washington Settles Bus Fatality for $7.7M

King County Metro Transit in Washington has apologized and made a multimillion-dollar payment to the family of an Amazon employee who was killed last year by a turning bus. The Seattle Times reports 43-year-old John Ahn had finished dinner with …

Mercury General in California Reported 3Q Income of $58.6M

Mercury General Corp. reported third-quarter net income of $58.6 million. On a per-share basis, the Los Angeles-based insurance carrier said on Monday it had profit of $1.06. Earnings, adjusted for investment costs, were $1.11 per share. The auto insurance company …

What’s Happening and What Lies Ahead for P/C Insurance Pricing: Moody’s

The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property rates rising by low-to-mid-single digits, and commercial casualty rates showing smaller changes, according to a …

Former Pastor Sentenced to Prison for Setting Fire to Apartment in Insurance Scam

The former pastor of a Baltimore, Md., church has been sentenced to three years in prison for setting fire to an apartment he rented in Southeast Washington in a plan to collect insurance money. The announcement was made by U.S. …

UK Insurers, Brokers Applaud Government’s Decision Not to Hike Premium Tax

UK insurers and brokers have applauded the UK Treasury’s decision not to raise premium taxes, which currently has an annual price tag for each household of an average of £200 ($256.40), according to the Association of British Insurers (ABI). The …

Utility to Miss Deadline for Restoring Gas After Massachusetts Explosions

The utility involved in a series of natural gas explosions and fires in three Massachusetts communities last month acknowledged Friday it would not meet its original Nov. 19 deadline for restoring gas service to all its customers. Columbia Gas set …

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