Kentucky News

Kentucky Workers’ Compensation Panel Criticized Over Outside Adviser

An audit has found the Kentucky Workers’ Compensation Funding Commission paid about $510,000 to a private financial adviser when the law requires it to use state-employed advisers. Auditor Crit Luallen said the commission has paid Morgan Stanley Smith Barney $40,000 …

Kentucky’s Neace Lukens Acquires Ohio’s Lent Agency

Neace Lukens, a Louisville, Kentucky based brokerage firm, recently acquired the Lent Agency, a Dayton, Ohio insurance agency. The merger will add 12 Lent Agency employees, including four producers, to the Neace Lukens staff. These employees will join seven Neace …

Lydecker, Downs Named Brown & Brown Regional Presidents

Brown & Brown Inc. reports that Charles H. Charlie Lydecker has been elected regional president responsible for a number of the company’s retail operations in the state of Florida and for certain of its retail operations in Arizona, New Jersey, …

Mine Safety Agency Wins Order Over Unsafe Massey Mine in Kentucky

Federal mine safety officials have won a settlement with Massey Energy that requires the firm to immediately take safety measures at one of its mines in Kentucky that federal officials say is very dangerous. The U.S. Department of Labor’s Mine …

Dukes Named Tennessee VP for Keystone Insurers

Doug Dukes has been named state vice president of Tennessee for Keystone Insurers Group. Dukes will manage Keystone’s expansion into Tennessee, slated to occur this month. Dukes most recently served as field and marketing representative for The Cincinnati Insurance Companies. …

Walker Named VP of Litigation Management at Kentucky’s IPISC

Intellectual Property Insurance Services Corp. (IPISC), based in Louisville, Kentucky, has appointed Sandra Walker as vice president of Litigation Management. Walker’s chief responsibility is to assist Insureds with the management of their intellectual property litigation. IPISC’s insurance offers products designed …

Defense in Kentucky Insurance Regulator Death Cites Mental Defect

Defense lawyers for former Kentucky lawmaker Steve Nunn may argue that he had a mental or emotional defect when his former fiancee was shot to death. The Lexington Herald-Leader reported that Nunn attorneys have filed documents showing they intend to …

Neace Lukens Acquires Equine Insurance Agency in Kentucky

Lousiville, Kentucky-based Neace Lukens has acquired the Plamp-Keen Agency Inc., an insurance agency also in Louisville that specializes in horse-related coverages. The merger adds 10 employees from Plamp-Keen, including chief executive officer, Chris Keen, to Neace Lukens’ staff. The agency …

Top Workers’ Compensation News in 2010

Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in 2009. Robert Hartwig, president of the Insurance Information Institute, …

2010 Was U.S. Coal Industry’s Deadliest Since 1992

The U.S. coal industry had its deadliest year in nearly two decades in 2010, with much of the death toll stemming from a single explosion. As of last week, 48 miners had died in the nation’s 1,500 coal mines over …