Kentucky News

People

CNA Financial Corp. named Bob Lindemann as president and chief operating officer of CNA’s Commercial Lines operations. In this role, Lindemann will be responsible for CNA’s $3.5 billion commercial property/casualty business, which is now comprised of Business Insurance, serving smaller …

Arkansas Among States Said to Be Lax on Motor Carrier Safety

A new analysis of government data reveals that more than 28,000 motor carrier companies that operate 200,000 trucks have violated federal safety regulations. The trial bar association, the American Association for Justice (AAJ), said it found commuters are sharing roads …

People

Colorado Casualty, a Liberty Mutual Agency Markets regional company headquartered in Centennial, Colo., has appointed Brent Irving to regional vice president for the company’s Arizona territory, which includes Nevada and New Mexico. Prior to this appointment, Irving was vice president …

Motor Carriers Hit Over Safety; Are Insurance Limits Too Low?

A new analysis of government data reveals that more than 28,000 motor carrier companies that operate 200,000 trucks have violated federal safety regulations. The trial bar association, the American Association for Justice (AAJ), said it found commuters are sharing roads …

Kentucky Workers’ Compensation Costs Drop for 4th Straight Year

Kentucky workers’ compensation costs are continuing to drop, with latest figures showing an average reduction of 6.4 percent. Insurance Commissioner Sharon P. Clark has approved the industry’s loss cost reduction for the 598 industrial classes used in Kentucky effective Oct. …

Kentucky Approves Software to Help Insurers Charge Correct Premium Taxes

Kentucky Insurance Department has approved vendors with software that can help insurance companies comply with a new law on collecting premium taxes. The new state law (HB 524) requires insurers to use a verified electronic system to assess premium taxes …

Employee Lawsuits Proving Costly for Kentucky Counties, Says Report

A string of employee terminations by the Kentucky Association of Counties has cost the agency millions of dollars, according to a published report. The Lexington Herald-Leader says documents it obtained show KACo spent a total of $2.1 million related to …

States Give ‘Thumbs Up’ to Fingerprinting Insurance Producers

Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be drunk drivers, robbers, forgers, possibly even rapists. They got their producer licenses in states that did not ask them for their …

Kentucky Courts Close Bonds Gap with Construction Firm

The Kentucky Administrative Office of the Courts has an agreement with Codell Construction Co. that will allow courthouse projects in four counties to begin. A review was ordered after it was found the Winchester-based company was providing performance bonds for …

Watkins Appointed as New President of Lloyd’s North America

Lloyd’s has selected Hank Watkins as the new President for North America. He takes over from LoriAnn Lowery who resigned from the position last June after a little more than a year on the job [See IJ web site – …