January 28, 2007
$105.3 million The amount being paid by Prudential Financial Inc. over 20 years for the naming rights to the new arena for the NHL’s New Jersey Devils’ hockey team. The $375 million downtown venue is already under construction nearly across …
January 28, 2007
Lloyd’s of London announced that Julian James, its director-worldwide markets, will be leaving at the end of April to join Lockton International. James has been responsible for all Lloyd’s commercial activities outside the UK, including the management of its 72 …
January 28, 2007
Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory …
January 28, 2007
$445 Billion Nearly half a billion dollars will be given to U.S. cities and regions to help reduce the risk of terror attacks on ports, transit systems and chemical plants, Homeland Security Secretary Michael Chertoff announced. The Associated Press reported …
January 28, 2007
When helping contractors and subcontractors reduce their workers’ compensation costs, focus on four key elements: accurately determine the cause of the high costs, improve communications with employees, bring employees back to work as soon as they are able to perform …
January 26, 2007
The National Association of Insurance Commissioners (NAIC) today named its 2007 Committee chairs and vice chairs. The NAIC officers, most immediate past president and zone representatives met earlier this month to make assignments based on the preferences submitted by the …
January 25, 2007
A cell phone ban for Maryland drivers has been considered — and rejected — many times by state lawmakers. However, two new plans before lawmakers have some asking if this is the year Maryland will join Washington, D.C. and the …
January 25, 2007
The Missouri Court of Appeals on Tuesday threw out a $20 million jury award to five former State Farm Insurance agents who claimed they were improperly terminated for criticizing the company’s treatment of policyholders. A three-judge panel of the court’s …
January 24, 2007
The Texas Department of Insurance, Division of Workers’ Compensation on Dec. 29, 2006, adopted state-wide return-to-work guidelines; the DWC selected Reed Group’s The Medical Disability Advisor: Workplace Guidelines for Disability Duration, Fifth Edition, by Presley Reed, MD. This rule establishes …
January 24, 2007
More than a foot of snow fell on parts of northern Arizona, and several more inches were possible while children as far south as Tucson got a rare chance to play in the snow. Sunday’s storm was the latest of …