It Figures
$12.1 Million Cumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG …
Study: Workers’ Compensation Public Options Outperform Private Industry
State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of …
Study: Workers’ Compensation Public Options Outperform Private Industry
State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of …
U.S. Insurance Commissioners Host 13 International Regulatory Interns
The organization of state insurance commissioners welcomed 13 interns from Azerbaijan, China, Egypt, Saudi Arabia, Thailand and Zambia to the U.S. this week. The National Association of Insurance Commissioners (NAIC) has sponsored its International Internship Program for Education and Regulatory …
Proposed West Virginia ‘Fat Tax’ Hit
West Virginia Gov. Joe Manchin’s proposal that the state Public Employees Insurance Agency consider charging higher premiums for overweight workers has drawn criticism. Gordon Simmons, an organizer for state Public Employees Union UE 170 says the proposal amounts to a …
California Brokerage Offers Graphic Design Program
Professional Program Insurance Brokerage of Novato, Calif., has a new program for Graphic Designers. This professional liability coverage is offered through an “A” rated carrier. Four levels of liability coverage are available and they include $100,000; $250,000, $500,000 or $1 …
GEICO Opens West Virginia Office
GEICO hosted the grand opening of its new local office in Morgantown, West Virginia this week. Jim Robinson, local GEICO field representative, heads the Morgantown office. The open house featured GEICO’s official NASCAR entry in this year’s Sprint Cup races …
Study: Workers’ Compensation Public Options Outperform Private Industry
An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of performance categories and at least as well when it comes to the bottom …
West Virginia Insurer Brickstreet Plans to Trim 24 Jobs
BrickStreet Insurance is looking to shed about 24 jobs as it continues adjusting to a market in which it’s no longer the sole provider of workers’ compensation insurance in West Virginia. President and CEO Greg Burton says buyout offers have …
It Figures
2,803 The number of Georgia homes affected by recent flooding, according to the American Red Cross. The organization said an estimated 2,803 Georgia homes have been affected by the flooding. Of those homes, 745 are destroyed and 760 have major …
