California’s State Compensation Insurance Fund will begin issuing $100 million worth of dividend payments to eligible policyholders in early July, the state’s largest workers’ compensation insurer announced on Tuesday. The dividend be paid on the 2012 policy year, and eligible …
SullivanCurtisMonroe named John E. Melbon executive vice president of the employee benefits division. Melbon has held senior level positions in management and sales, on both the carrier and broker side. Additionally, he founded Benefit Partners, an employee benefits consulting firm …
New Jersey Captive Insurance Association (NJCIA) this week announced the appointment of Sheila Small as its executive director. She will lead the association’s mission to develop professional opportunities for its captive insurance industry members and promote a nurturing environment for …
Erie Insurance announced Monday that beginning this summer, the company will begin development of several properties that it recently bought near its headquarters in downtown Erie, Pennsylvania. The plan includes building a technical learning center for claims training and revitalizing …
Assurant, Inc., a provider of specialized insurance and insurance-related products and services, has finalized the structure of the company’s 2013 Property Catastrophe Reinsurance Program, including $185 million of newly issued three-year, fully collateralized catastrophe bonds. Multiple factors are considered in …
The California Department of Insurance (CDI) is reducing rates for the California Low Cost Auto Insurance Program (CLCA) for the second year in a row. With annual premiums starting between $226 and $338, the program helps income-eligible good drivers afford …
New York Governor Andrew Cuomo on Monday formally requested that President Obama issue a major disaster declaration for the State of New York as a result of severe storms and major flooding that occurred on June 27 and 28. Previously, …
More than six months after losing their loved ones in the shooting at Sandy Hook Elementary School in Connecticut, families say dealing with questions over how to distribute the millions of dollars sent to help Newtown heal is instead causing …
A western Ohio insurance company’s expansion should mean about 200 jobs for Dayton. Springfield-based Assurant Special Property plans to open a satellite office in northeast Dayton. The Dayton Daily News reports that the office is expected to open in August. …
It’s been five years since Baton Rouge launched a traffic light camera program, and data released recently shows drops in both traffic crashes and violations at the selected intersections. The Advocate reports Baton Rouge’s Department of Public Works evaluated intersections …
