Kentucky News

Small Business Owners Unfamiliar With Risks in Self-Insured Groups’ Workers’ Comp Insurance

Small business owners are not fully aware of the financial risks involved in obtaining workers’ compensation insurance through self-insured groups, according to the results of the most recent Small Business Opinion Poll conducted by Opinion Research Corp. of Princeton, N.J., …

1 Person Killed in West Virginia Mine

A contract worker has been killed at a Massey Energy mine in West Virginia. State Office of Miners’ Health Safety and Training spokeswoman Jama Jarrett says apprentice miner Steven Cain was pinned between the wall and a supply car at …

Ike Cleanup in Kentucky will Last into Next Year

The Paducah, Ky. City Commission agreed in principle to rent dump trucks to haul away debris from Hurricane Ike’s September windstorm. Even if the extra trucks are used, the cleanup is expected to last into next year. The Paducah Sun …

Kentucky Employers’ Mutual Lowers Workers’ Comp Rates

Kentucky Employers’ Mutual Insurance, a workers’ compensation insurance provider, lowered its rates for numerous industries throughout the state. The rate reduction amounts to 6.7 percent overall and will impact both new and renewal policies effective Oct. 1. KEMI President Roger …

Business Moves

Liberty Mutual, Safeco Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in April. While improving its scale and geographic reach, the transaction strengthens Liberty’s standing to fifth largest property …

It Figures

43 The number of truckloads of debris containing asbestos that got three men arrested for allegedly dumping in the protected wetlands area known as Florida’s Green Swamp. The debris came from a demolition site at Florida Southern College and was …

Business Moves

Liberty Mutual, Safeco Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in April. While improving its scale and geographic reach, the transaction strengthens Liberty’s standing to fifth largest property …

Crack Found in Kentucky Bridge, Eastbound Truck Traffic Halted

Inspectors discovered a crack in the eastbound Interstate 275 bridge in northern Kentucky, prompting the state Transportation Cabinet to ban truck traffic from the span, a spokesman said Oct. 1. Eastbound traffic on the 29-year-old Combs-Hehl Bridge crosses the Ohio …

State Regulators See No Trickle-Down from AIG Parent to Insurance Units

State regulators from across the country say that the problems at parent company American International Group are unlikely to trickle down to affect its insurance operations that come under their regulatory supervision. The commissioners also maintain that conservative, state-based regulation …

Senate to Vote Tonight on Revised Wall Street Bailout with Tax Cuts

Leaders in the U.S. Congress have deployed their best weapon for winning passage of a $700 billion financial industry bailout just weeks before the elections, attaching tax cuts to an otherwise bitter pill. The Senate aims to vote at some …