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Ohio Workers’ Comp Bureau Proposes $1B Employer Rebate

Ohio’s fund for injured workers wants to return more than $1 billion of its investment earnings to the state’s 200,000 private and public employers. The Ohio Bureau of Workers’ Compensation proposed the rebate on March 13. It amounts to two-thirds …

Michigan Raising Auto Insurance Fee for Catastrophic Injuries to $170

The annual auto insurance fee Michigan drivers pay toward caring for people catastrophically injured in crashes is rising to $170, a $10 increase. The Michigan Catastrophic Claims Association announced the new per-car assessment for the 12 months starts July 1. …

Cooksey Joins Alliant Insurance Services in Minnesota

Kenneth Cooksey has joined Newport Beach, Calif.-based Alliant Insurance Services Inc. as first vice president in the company’s Alliant Americas division. Cooksey will design and deploy a range of risk management and property/casualty insurance solutions to clients in the Minneapolis …

Update: Fuel Tanker Hijacking Revives Fears of Somali Pirate Threat

The hijacking of a fuel tanker off Somalia’s coast shows the threat pirates still pose to one of the world’s busiest shipping lanes, a risk that may also hamper the Horn of African country’s efforts to explore for offshore oil …

Man Seeking $5M in Damages from Utah Big Brothers Big Sisters over Sex Abuse

The Big Brothers Big Sisters of Utah organization has been sued by a man who claims the group did not do enough to stop a former mentor from sexually abusing him when he was a boy over a period lasting …

Uber Vehicle Striking Washington Gas Pump Resulted in Fiery Explosion

A gas pump burst into flames after being struck by a vehicle in service for Uber in Seattle, Wash. The result was a fiery explosion that was caught on surveillance video. KOMO reported the crash involved an Uber driver carrying …

7 Questions to Ask Cyber Insurance Prospects

An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses, insurers and their agents need to understand and protect against these threats, according to experts at a recent American Bar …

Plunging Temperatures in Northeast Lead to Icy Conditions Following Storm

Concerns about falling temperatures and icy conditions on roads and sidewalks across the Northeast followed a late-season storm that plastered the region with sleet and snow. Tuesday’s powerful nor’easter paralyzed much of the Washington-to-Boston corridor, but fell short of the …

PIACT Names Frascarelli Professional Agent of the Year

At the recent Professional Insurance Agents of Connecticut (PIACT) annual business meeting, Peter Frascarelli, CPIA, of the Peter M. Bakker Agency of Avon, Conn., was named Professional Agent of the Year. Frascarelli is the Chief Operating Officer of Bakker Agency …

Pennsylvania Insurance Commissioner Offers Advice for Winter Storm Damage

Pennsylvania Insurance Commissioner Teresa Miller is offering tips to consumers whose home or automobile may have sustained damage from this week’s winter storm, according to a press release issued by the Pennsylvania Department of Insurance. “Most standard homeowners’ insurance policies …

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