An amusement park said it has reached a settlement with the family of a Louisville teenager whose feet were severed when a thrill ride malfunctioned last year. Six Flags Kentucky Kingdom said the settlement would provide “lifetime care” for Kaitlyn …
Kentucky’s HopFed Bancorp, Inc., holding company for Heritage Bank and Fall & Fall Insurance, reports it has been preliminarily approved to participate in the U.S. Department of Treasury Capital Purchase Program (TARP). The company has 30 days to make a …
Safeco Insurance and Ohio Casualty, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Mid-Atlantic territory. Matt L. Warye was named vice president, Safeco Insurance, and Mid-Atlantic …
$11.5 Billion The amount U.S. property/casualty insurers are expected to pay homeowners and businesses for third-quarter property losses resulting from a total of 11 catastrophes in 22 states, according to preliminary analysis by ISO’s Property Claim Services (PCS) unit. PCS …
Kentucky Gov. Steve Beshear recently signed legislation directing the state’s transportation department to develop standards to authorize the operation of low speed electric vehicles on Kentucky highways. Sharon P. Clark, Kentucky’s Insurance Commissioner, said these types of vehicles must be …
North Carolina and Florida have joined the ranks of states where workers’ compensation costs are falling. North Carolina Insurance Commissioner Jim Long approved a North Carolina Rate Bureau filing for a 4.4 percent decrease in the voluntary market and a …
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. Employer Stop Loss Market Detail: Markel Insurance Co. provides customized stop loss solutions for sponsors …
Montana State Auditor John Morrison has issued a final agency decision in favor of Montana’s Securities Department in its case against Mid-America Energy Inc. and its officers Gary Milby, Clinton Goff and Sy Schaiken. The Department previously alleged the company …
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …
The property/casualty insurance marketplace could not function without insurance agents and brokers. Consequently, it’s important for state regulators to work with agents within their states. Recently, several insurance commissioners from Florida, Kentucky, Louisiana, Oregon and Wisconsin sat down with Insurance …
