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ACE Appoints Russell Regional Sr. Prof. Indemnity Underwriter UK/Ireland

ACE Group announced the appointment of Geoff Russell as Regional Senior Professional Indemnity Underwriter, UK and Ireland, effective immediately. The appointment is part of the company’s investment in “expanding its underwriting capabilities throughout its network of regional offices.” In the …

ING Eyes More Cost Cuts as Profits Top Forecast; Insurance Divestment Planned

Dutch financial group ING beat second-quarter profit forecasts at its banking business and said it could announce more cost savings later this year as it continues to slim down in a drive to recover from the financial crisis. Shares in …

State Sues Indiana Bell for Suspending Injured Workers

The state has filed a lawsuit against AT&T’s Indiana operating unit, alleging it has a policy of suspending workers who report work-related injuries. The Indianapolis Business Journal reported the state Department of Labor filed the lawsuit against Indiana Bell Telephone …

Woodruff Promoted to VP, Commercial Client Services at RHSB

Courtney Woodruff has been promoted to vice president of commercial client services at Texas-based insurance brokerage, Roach Howard Smith & Barton (RHSB). Woodruff joined RHSB in 2007 as an account executive leading one of the agency’s largest commercial units. With …

Arkansas AG: School District Must Name Teachers in Gun Program

An Arkansas school district that trained more than 20 teachers and staff to carry concealed handguns on campus through a program that faces questions over its legality was wrong to make secret the names of the employees, the state’s top …

First Felony Conviction Won Against Uninsured Employer in Illinois

For the first time, an uninsured employer has been convicted of a Class 4 felony for failing to obtain workers’ compensation insurance in Illinois, the state workers’ compensation commission announced. Ahmed Ghosien, d/b/a Ghosien European Auto Werks in Hometown, was …

Oklahoma Insurance Claims from May Tornadoes Top $1 Billion

Insurance payments from the May tornado outbreak across central Oklahoma have now topped $1 billion, state insurance regulators report. “These numbers are staggering,” said Oklahoma Insurance Commissioner John D. Doak. “We’ve topped $1 billion in payments and the rebuilding is …

WCIRB Raises Advisory Pure Premium 3.4%

The Workers’ Compensation Insurance Rating Bureau’s Governing Committee voted unanimously on Wednesday to authorize the WCIRB to file an advisory pure premium rate for 2014 of $2.62 per $100 of payroll, 3.4 percent above the industry average filed pure premium …

Report Released on Insurer Procurement Diversity in California

A survey of supplier diversity in the insurance industry for California’s largest 206 insurance companies was issued on Wednesday. The results, which are posted on the California Department of Insurance website, shows a majority of insurers are taking steps to …

EPIC Acquires SafeHarbor Risk Management, Expands in East Coast

EPIC, a San Mateo, Calif.-based retail property/casualty insurance brokerage and employee benefits consultant, acquired SafeHarbor Risk Management. Founded in 2009, privately-held SafeHarbor is a property/casualty insurance brokerage and employee benefit consulting firm, with locations in New York and Boston. EPIC’s …

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