Kentucky News

AgentLink Acquires Indiana’s Consolidated Brokerage Services

Louisville, Ky.-based insurance broker AgentLink announced it has acquired 100 percent ownership of Consolidated Brokerage Services (CBS) in Indianapolis, Ind. Founded in August of 2005 and originally owned by John Carroll, CEO of Cornerstone Broker Insurance Services Agency Inc., and …

Hundreds of Homes Destroyed by Midwest Tornado Outbreak: AIR

Hundreds of homes were flattened by the outbreak of intense late-season thunderstorms accompanied by high winds, quarter-to-baseball sized hail, and dozens of tornadoes that swept across the Midwest on Nov. 17, according to catastrophe modeling firm AIR Worldwide. Tornadoes were …

Kentucky Court: No WC Benefits for Unemployed Volunteer Firefighter

A Kentucky appellate court recently ruled that an injured volunteer firefighter is not eligible for permanent disability benefits because he had no “regular employment” — thus no average weekly wages with which to calculate the award.The ruling, announced last month, …

Kentucky Annual Workers’ Comp Loss Costs Fall for 7th Consecutive Year

Kentucky regulators said an annual filing most carriers will use to develop rates for workers’ comp coverage shows the seventh consecutive overall decrease in loss costs.The 2012 filing, approved by Kentucky’s insurance department and effective Oct. 1, is by the …

Kentucky County Eyeing Timber Firms Over Road Damage

A western Kentucky county is eyeing loggers and their trucks as the cause of damage to county roads. The Hopkins County Fiscal Court is weighing a measure to fine large trucks if they damage county roads while hauling big loads. …

Facing Paltry Yields, Kentucky Farmers Hope Insurance Will Cover Costs

Kentucky agriculture is reeling from a summertime one-two punch of blistering heat and dry conditions, and farmers are feeling the pain from the prospects of shrinking income and inflated expenses caused by weather-related setbacks. Corn fields are shriveled, especially in …

Kentucky County Still Tackling the Effects of Storms From 2009-2010

A southern Kentucky county is still tackling the effects of and cleaning up from two major storms in recent years. Warren County officials said the cleanup from the 2009 ice storm and 2010 flooding could take into 2014. Bowling Green …

Stoermer Insurance to Assume Accounts of Black/White & Associates

Insurance wholesaler and managing general agency, Black/White Associates of Louisiville, Ky., announced it has partnered with Stoermer Insurance Services located in Dayton Ohio. The transaction is effective May 1, 2012. In business since 1968 and owned by Al and Ed …

Kentucky Business Owner Sues Police Over Raids

The owner of a western Kentucky pizza joint and a suntan parlor is suing Hopkinsville police over drug raids at his businesses. Luther Anderson, who owns Pizz-A-Roma and Sunkissed Tanning, which share a building in Hopkinsville, claims in the lawsuit …

FEMA Reports $18.6 Million in Disaster Aid to Kentucky

More than $18.6 million in federal disaster assistance has been approved for Kentucky residents who went through the tornadoes and severe storms of late February and early March. The Federal Emergency Management Agency says around 5,300 people from 21 counties …