Kentucky News

Gas Ignites, 2 Miners Burned at West Virginia Coal Mine

Two coal miners were burned on their faces and arms Nov. 3 when gas ignited, creating a brief flash of fire at a mine in northern West Virginia. The Whitetail Kittanning Mine was shut down and two investigators were sent …

Kentucky Deals with Insurance for Low-Speed Electric Vehicles

Kentucky Gov. Steve Beshear recently signed legislation directing the state’s transportation department to develop and implement 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 …

Voters Shuffle Deck of State Legislatures; Both Parties Claim Gains

Voters on Tuesday left their mark on the state political landscape, shifting the partisan control of state government in a dozen states. According to the National Conference of State Legislatures, Democrats gained control of both houses in four state legislatures–Delaware, …

Mock Disaster Reveals Preparedness of Kentucky Miners

Recently, miners at Mosley Spur Mine in Middlesboro, Ky. took steps to ensure that if there is ever an emergency, they will be prepared. “I don’t know if you can ever be fully prepared (for a disaster),” said Bell County …

Declarations

Rocky Quarter “It was a rocky third quarter for insurers, but risk managers still saw prices improve on average. It is increasingly clear, though, that premiums cannot continue to fall at this pace, especially with the global economy in chaos.” …

It Figures

22% The percentage of agents responding to an Insurance Journal survey who said they have cut unnecessary spending in response to the current financial crisis. Another 22 percent have taken steps to communicate more with their customers. About 15 percent …

Kentucky Weathering AIG and Ike Hurricanes

Sharon P. Clark, a 17-year veteran of Kentucky state government, was appointed commissioner of the Kentucky Department of Insurance (DOI) in June. Clark’s experience includes five years as director of the Consumer Protection and Education division at DOI. She also …

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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …

Legal Experts in Kentucky Mull Reopening Deadly 1977 Fire

The Kentucky governor said he has asked legal experts to determine whether new evidence warrants reopening an investigation into one of the deadliest fires in U.S. history, a nightclub blaze that killed 165 people more than 30 years ago. Survivors …

Kentucky Farm Bureau Deploys Guidewire ClaimCenter

Louisville, Ky.-based Kentucky Farm Bureau Mutual Insurance Co. deployed Guidewire ClaimCenter as its next generation claims management system. ClaimCenter replaces KFB’s legacy claims system. KFB said it deployed ClaimCenter to improve its levels of customer service to insureds, claimants and …