Missouri Gov. Jay Nixon has signed legislation raising charges on businesses to replenish an insolvent state fund that provides benefits to disabled workers The new law will temporarily double the surcharge that businesses pay on their workers’ compensation insurance in …
Federal safety regulators have fined a construction company for the death of a worker at a Fayetteville, Ark., apartment complex. The Occupational Safety and Hazard Administration fined Business Construction Services LLC $7,600 over the death in May of 20-year-old Brannon …
Houston-based HCC Insurance Holdings Inc. announced that Parthasarathy Srinivasa has joined HCC as senior vice president and chief information officer (CIO), reporting to William N. Burke, HCC’s president and chief operating officer. Srinivasa has 20 years of information technology (IT) …
It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates are likely to be on the rise for some time. Insured losses from the recently doused Black Forest fire should …
The California Department of Insurance announced a settlement with Zurich American Insurance Co. and Zurich American Insurance Co. of Illinois over what CDI alleged was improper use of workers’ compensation insurance agreements. Zurich’s agreements forced California employers to arbitrate commercial …
House Republicans passed a five-year U.S. farm-policy bill that retains subsidies to farmers and strips out food-stamp spending, costing it Democratic support. The plan was approved today 216-208, with no Democrats in support. The measure also would repeal underlying provisions …
The Kaufman Financial Group named Denis Brady president of Burns & Wilcox Brokerage, an independent business unit that will be solely dedicated to wholesale insurance brokerage. Brady joins Burns & Wilcox Brokerage from RT Specialty, where he served as president …
A small bipartisan group of U.S. senators on Thursday introduced legislation that would break up Wall Street’s megabanks by separating traditional banking activity from riskier financial services. The bill, called the 21st Century Glass-Steagall Act, has an uncertain future, but …
New York officials say they have helped recover more than $1.1 billion in unclaimed life insurance benefits nationwide. The state’s Department of Financial Services says Wednesday that many insurance companies were not using lists of recent deaths from the Social …
An asbestos company is not liable for an illness suffered by a woman who became exposed to the hazardous material while doing her grandfather’s laundry in the 1960s, Maryland’s highest court ruled Monday. The Court of Appeals ruled that Georgia-Pacific …
