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California DOI Hearing Date Set for Workers’ Comp Pure Premium Rate Filing

The California Department of Insurance announced that it will hold a public hearing on Oct. 5 to consider the Workers’ Compensation Insurance Rating Bureau’s Jan. 1, 2018 pure premium rate filing. The filing was submitted to the CDI on Aug. …

Zalewski Named Chair of California Workers’ Compensation Appeals Board

California Gov. Jerry Brown has named Katherine Zalewski chair on the California Workers’ Compensation Appeals Board. Zalewski served on the board since her appointment by Brown in 2014. Prior to her appointment, she joined the Department of Industrial Relations as …

S&P: Primary P/C Insurers, Not Reinsurers, to Bear Brunt of Harvey’s Insured Losses

While it’s too early to accurately quantify the insured losses related to Hurricane Harvey, primary insurance carriers — as opposed to reinsurers — would retain the majority of losses, according to analysts at S&P Global Ratings. Regional and local primary …

Illinois Governor Vetoes 2nd Workers’ Comp Bill

Illinois Gov. Bruce Rauner has vetoed another workers’ compensation reform bill that was strongly opposed by the insurance industry. He has nixed HB2525, which would have required pre-approval of workers’ comp insurance rates. The legislative analysis of the bill stated …

Judge Rules Against Iowa DOT in Noncommercial Vehicles Citations Case

Another judge has ruled that Iowa Department of Transportation officers didn’t have authority to issue speeding tickets to drivers of noncommercial vehicles. Scott County District Associate Judge Christine Dalton said in the ruling Wednesday that if officers had the authority …

Davis Named Operations Director at Powers Insurance and Risk Management

St. Louis Missouri-based POWERS Insurance and Risk Management and sister company Valley Insurance Agency Alliance (VIAA) has named Tim Davis as director of Operations for both firms. Davis will oversee both administrative and organizational systems, which includes everything from human …

Texas Regulators Offer Guidance to Insurers on Harvey Response

The Texas Department of Insurance has issued several bulletins offering guidance to insurers related to Hurricane Harvey, which made landfall near Rockport, Texas, late on Aug. 25. The bulletins are in response to the proclamation by Gov. Greg Abbott declaring …

P/C Insurers Lost $5.1 Billion on Underwriting in First Half of 2017: A.M. Best

The U.S. property/casualty (P/C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017, according to preliminary results, compared with a $2.0 billion loss in the same period a year ago. This financial review …

Colorado Tells Sessions That Pot Industry Is Working And Can Be Better

Colorado’s legal marijuana industry is working – and can work better with federal collaboration, the state’s governor and Republican attorney general told U.S. Attorney General Jeff Sessions in a letter. Gov. John Hickenlooper and Attorney General Cynthia Coffman urged Sessions …

HUB California Adds Brown & Brown’s Caster as Account Executive

HUB International of California has named Adam Caster an account executive and producer in its La Palma office. Caster reports to Steve Vicencia, executive vice president of HUB International Insurance Services Inc. Caster has been in the risk management and …

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