Kentucky News

Agency Saved From the Storm by Cloud Technology

In the midst of a disaster, our customers count on us to get our jobs done… No excuses!” That promise by County Wide Insurance, an agency in Dexter, Mo., was severely tested on Jan. 27, 2009, when an ice storm …

It Figures

$7 Million The amount North Carolina employers’ stand to save on workers’ compensation over what the industry requested under a settlement reached with the state. The settlement orders a 0.6 percent increase for voluntary market loss costs and 4.1 percent …

Agency Saved From the Storm by Cloud Technology

In the midst of a disaster, our customers count on us to get our jobs done … No excuses!” That promise by County Wide Insurance, an agency in Dexter, Mo., was severely tested on Jan. 27, 2009, when an ice …

Lloyd’s New Director of North America, McGovern, Navigates Turbulent Waters

Addressing Changes in EU and U.S. Regulations; North American Lloyd’s Reorganization Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have time to pursue his favorite pastime – sailing – but he …

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. Hotel/Motel Program Market Detail: Specialty Insurance Agency has expanded its hotel/motel program to California. Program …

Lawsuits Against Banks Over Mortgage Practices Piling Up

Lawsuits against banks over their mortgage lending and foreclosure practices continue to pile up, with JPMorgan, PNC Financial Services and Ally Financial disclosing suits on Tuesday. JPMorgan Chase & Co. faces two possible class action lawsuits related to foreclosures, the …

Capson Expands Online Medical Malpractice Program Into More States

Capson Physicians Insurance Co. (Capson), a new online medical malpractice insurance provider, has expanded its services to Texas, Kentucky and Idaho healthcare providers. Expansion into several additional states will be announced in the coming weeks. Capson has streamlined the process …

U.S. Seeks to Shut Massey Mine in Kentucky Over Safety

Mine safety regulators have filed a motion against a company owned by Massey Energy , claiming safety violations at one of its mines in Kentucky, the U.S. Department of Labor said Wednesday. It said its Mine Safety and Health Administration …

Kentucky Contractors’ Self-Insurer to Return $11 Million Dividend

The Kentucky Associated General Contractors Self Insurers’ Fund, a provider of workers’ compensation insurance, said it will return $11.3 million in dividends to its qualifying membership in March of 2011. The firm said this will mark the 17th straight year …

Court Reduces Award in University of Kentucky Football Player’s Death

The Kentucky Court of Appeals has reduced the monetary award in a lawsuit over the death of a University of Kentucky football player. The court halved the $60 million in punitive damages to $30 million, ruling the award in the …