Kentucky News

Obama Wants to Distance Economic Plan, AIG Rescue

Barack Obama is scrambling to assure Americans he is keenly aware of public outrage over taxpayer-backed bonuses for AIG executives, lest his own economic plan get caught up in the outcry. “How do they justify this outrage to the taxpayers …

Now Offering Contractor GL Insurance in Arkansas, Kentucky, Oregon, Idaho, Montana, New Jersey & South Carolina

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”) specializes in general liability insurance for licensed residential and commercial general and artisan contractors. NCIC writes the difficult Classes: Roofers, Foundations, Excavators, Fire Sprinklers, Paper GC’s, Custom Home Builders & …

West Virginia’s BrickStreet Mutual Names Allstate’s Laska as CIO

Tony Laska has joined workers’ compensation insurer BrickStreet Mutual Insurance Co. as its senior vice president and chief information officer. Laska comes to West Virginia from the Chicago area, where he had been assistant vice president for Allstate Insurance Co. …

Ohio Windstorm Losses in Feb. Reach Nearly $89M; Ike Losses Rise

Ohio’s Feb. 11-12 windstorm caused at least $88.9 million in damages, based on preliminary insured loss estimates from the Ohio Insurance Institute (OII), an insurance industry trade group. Widespread losses were reported by a number of Ohio insurers. Unseasonably warm …

Collins, Jones, Marsh Promoted at Higginbotham & Associates

Higginbotham & Associates, an independent insurance brokerage firm based in Fort Worth, Texas, added employee benefits brokers John Collins, Dana Jones and Rob Marsh to its managing director team for 2009 in recognition of their contributions to the firm. With …

Areas with Flood Insurance Policy Sales Potential Include Iowa, Missouri

GAO compared the number of NFIP policies in a given area, as of September 2006, with the total number of county flood declarations from January 1980 to June 2008, cumulative flood claims payments from January 1978 to April 2008, and …

It Figures

$35 Million The latest estimate of damage in Georgia from last month’s tornadoes. Commissioner John Oxendine said more than 100 homes, a private school, Southwestern State Hospital and commercial agricultural buildings were hit.Oxendine says Thomas County by far had the …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Vacant Commercial Property Market Detail: Western Networked Insurance Services has an exclusive program for vacant …

Workers Charge Kentucky Mine Safety Law ‘Under Attack’

Critics are complaining that three measures pending in the Kentucky legislature could undo key provisions of the state’s mine safety law. One would sharply reduce inspections performed by the Kentucky Office of Mine Safety and Licensing. Another would would cut …

Churchill Downs Enacting Safety Changes Before Next Kentucky Derby

Nearly a year after the first fatal injury at America’s most famous horse race, Churchill Downs announced this week it is beefing up safety requirements ahead of this year’s Kentucky Derby. The company is enacting more than 20 changes, ranging …