September 22, 2010
The Washington Supreme Court has ruled that an insurer is required to pay sales tax when reimbursing a client for the actual cash value (ACV) of damaged property. According to court documents in Laura Holden v. Farmers Insurance Co. of …
September 21, 2010
Republicans will reopen the broad Wall Street reform law and overhaul the newly created consumer protection bureau if they regain control of Congress after the November elections, a leading lawmaker said Monday. Richard Shelby, the top Republican on the powerful …
September 21, 2010
A Kentucky man accused of strangling his wife is poised to claim excessive caffeine from sodas, energy drinks and diet pills left him so mentally unstable he couldn’t have knowingly killed her, his lawyer has notified a court. The trial …
September 20, 2010
A new bill introduced to the Pennsylvania senate would double the minimum liability amounts of auto insurance policies in the state. Current laws set minimum liability limits for bodily injury at $15,000 per person and $30,000 for a group of …
September 20, 2010
Elizabeth Heck has been named president and chief operating officer of New York-based GNY Insurance Cos. She is a 20-year veteran of the insurance industry. She began her career with Ernst & Young, and worked in senior corporate accounting positions …
September 20, 2010
K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …
September 20, 2010
Monarch E&S Monarch E&S Insurance Services opened new offices in Hawaii and Arizona. The Hawaii office, located in Waikoloa, will be operated by company CEO Derek Borisoff. The Arizona office, located in Chandler, will be run by Senior Underwriter for …
September 20, 2010
In advance of a rate announcement expected in this month, Washington’s Department of Labor and Industries is strengthening fraud fighting efforts, helping distressed employers and driving down costs internally through efficiencies. The agency recently has faced criticism for its rates …
September 17, 2010
A government contractor isn’t immune from claims that it performed shoddy work that resulted in the failure of a New Orleans levee system during Hurricane Katrina, a federal appeals court has ruled. This week’s ruling by the 5th U.S. Circuit …
September 17, 2010
Washington’s Department of Labor & Industries (L&I) announced that it will propose workers’ compensation rates for 2011 in November after the results of the fall election and the outcome of Initiative 1082 — instead of making its traditional rate recommendation …