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Florida Regulators Approve 50K Citizens Policies for October Takeouts

The Florida Office of Insurance Regulation has approved the following companies to participate in the October Citizens Property Insurance Corporation take-out period. For the Oct. 17, 2017 Personal Residential Take-Out Period: Safepoint Insurance Company – approved to remove up to …

Drug Use Common Among West Texas Oil Field Workers

Eddy Lozoya never failed a drug test in the three years he hauled water and sand across the West Texas oil patch, even though he used at least $200 a day in cocaine to keep his eyes open on brutally …

California Workers’ Comp Drug Formulary Would Reduce Costs, Study Shows

Roughly one-in-three prescription drugs currently dispensed to injured workers in California will be no longer require authorization prior to dispensing under the state’s proposed workers’ compensation prescription drug formulary, according to a new study. The new formulary creates more efficiency …

Tropical Storm Emily Moves Across Florida With Drenching Rains

Tropical Storm Emily churned ashore near Tampa Bay on Monday, starting a trek across the peninsula amid drenching rains and fears of scattered street flooding that prompted the governor to declare nearly half of Florida’s counties in a state of …

Texas’ Threlkeld & Co., Employee Benefits Consulting, Create New Entity

Threlkeld & Co. Insurance, an East Texas firm with 30-plus years in the benefits market, has formed a partnership with Employee Benefits Consulting LLC, a Tyler, Texas, firm with Houston and Dallas connections owned and operated by Rachel Means. The …

Maryland Highway Construction Worker Dies from Injuries

A highway construction worker has died from injuries he received when he was hit by a truck. Local media report that Walter I. Gonzales-Lopez, a 56-year-old Baltimore resident, died Sunday. He and a co-worker were struck Wednesday in a closed …

Alliant Taps VanderYacht from Roanoke as Vice President in California

Alliant Insurance Services Inc. has named Jason VanderYacht a vice president within its energy and marine group. VanderYacht will be based in Los Angeles, Calif. He has experience covering an array of marine risks and a specialty in cargo insurance …

Tesla Workers in California Seek Safety Plan, Clarity on Pay

A group of Tesla Inc. workers in California have asked the electric car maker’s board to provide a plan to address employee safety and information on pay and promotion. The worker group, which hopes to become part of the United …

Heffernan’s Davis Joins Brown & Brown Insurance in California

Brown & Brown Insurance has named Todd Davis a sales consultant in California. He will advise clients on their group and individual insurance plans. Davis came to B&B from Heffernan Insurance, where he was an assistant vice president of employee …

CNA Reports ‘One of Best Quarters’ in Decade in Q2

CNA Financial Corp. saw its second quarter net income climb at a robust clip and catastrophe losses along with its combined ratio shrink. Chairman and CEO Dino Robusto said the results were better than the property/casualty insurer has seen in …

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