April 5, 2010
Many U.S. states are worried that the health care overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced …
April 5, 2010
A Manhattan federal judge threw out a class-action lawsuit accusing Moody’s Investors Service and Standard & Poor’s of defrauding investors about the safety of $63.4 billion of mortgage debt. U.S. District Judge Jed Rakoff also dismissed some claims against Bank …
April 5, 2010
Insurance agents might want to take notes during tonight’s NCAA championship game between Butler and Duke. While NCAA men’s basketball tournament referee and insurance agent Gary Maxwell won’t tell you his personal pick to win (it’s against NCAA rules to …
April 2, 2010
Officially chartered in 2009, the Texas chapter of a national association of African-American insurance professionals has an ambitious goal of becoming the one of the premier insurance associations in the Dallas-Fort Worth area. The Dallas-Fort Worth chapter of the National …
April 1, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of VICTORE Insurance Company (VIC) of Oklahoma City, both with stable outlooks. The ratings reflect VICTORE’s current “modest underwriting leverage, sound balance …
March 31, 2010
The Ohio Bureau of Workers’ Compensation (BWC) reports there was a 13 percent decrease in collections by the organization from Jan. 1 through Mar. 16, which was attributed primarily to the average 12-percent rate decrease in private employer premium rates …
March 26, 2010
Terry S. Morse, of Westerville, Ohio, was recently hired by the Professional Insurance Agents Association of Ohio Inc. (PIA) to serve as director of Membership Services/Sales. Morse oversees membership recruitment and promotion of PIA’s member benefits program. He will work …
March 25, 2010
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved the renewal of the Certificates of Authority for nine companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These nine companies …
March 24, 2010
In two separate decisions, the Supreme Court of Ohio upheld as constitutional a 2005 state law that limits the ability of workers who are injured on the job to sue their employers for a “workplace intentional tort” in addition to …
March 23, 2010
Many U.S. states are worried that the healthcare overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced on …