Maryland News

Rough riding for workers’ comp on the racetrack

The problem of providing workers’ compensation insurance for jockeys and backstretch workers, such as grooms and exercise riders, in the horse racing industry is a complicated one. Only four states — California, Maryland, New Jersey and New York — mandate …

Final Suspect in Maryland Arsons Pleads Guilty

The last of five people accused of setting fire to more than two dozen homes under construction in a Charles County, Maryland subdivision pleaded guilty Friday in U.S. District Court. Roy McCann, 23, of Waldorf, pleaded guilty to conspiracy to …

Commission Unveils Interstate Compact Web Site

The Interstate Insurance Product Regulation Commission has launched a new Web site www.insurancecompact.org to enhance its availability to consumers, insurers and regulators. The site “is a progressive step in reaching the Commission’s goal to provide a more streamlined method of …

N.Y. Looks to Speed Comp Benefits to Ill 9/11 Rescue Workers

New York State has adopted a trio of laws designed to speed workers’ compensation benefits for workers and their families with claims related to 9/11 rescue efforts. The first new law enables many workers who became ill after the expiration …

Nine Players – Including Agent – in World Series of Poker

Nine players — four pros, a former talent agent, an insurance broker, an ad salesman, a recent college grad and a retired businessman — were all that remained from a field of more than 8,700 hopefuls vying for poker’s biggest …

Mass. Becomes 28th State to Join Interstate Compact

Massachusetts has become the 28th state to join a program designed to modernize state regulation of life insurance, annuity, disability and long term care products. Gov. Mitt Romney signed legislation into law today that allows Massachusetts to become a member …

State Farm to Reduce W.Va. Homeowners Rates

State Farm announced Tuesday in Charleston, W.Va. it is lowering homeowners insurance rates in West Virginia by an average of 5 percent starting in December. It marked the first time since 1989 that State Farm has won approval from the …

People and Places

The Insurance Information Institute has elected Dr. Robert P. Hartwig to president; promoted Dr. L. James Valverde Jr. to vice president of Economics and Risk Management; and announced the retirement of Gordon Stewart, president, after 15 years with III. Hartwig, …

New Markets

Bed and Breakfast Nuts & Bolts: Smith, Bell and Thompson and Swiss Re’s Commercial Insurance announce a new program for Bed & Breakfast accounts. The Bed & Breakfast program is designed for the innkeeper industry. Target accounts include bed and …

Delaware struggles to realize workers comp reform

Virtually everybody involved in Delaware’s workers compensation system agrees the system is broken. The hard part is figuring out how to fix it. Gov. Ruth Ann Minner tried unsuccessfully to ram a reform bill through the legislature last month before …