Wyoming News

Wyo. Supreme Court Upholds Workers’ Comp for Widow

The Wyoming Supreme Court has upheld workers’ compensation death benefits for the widow of a man who was paralyzed by a workplace injury and who died years later of pneumonia. David Fisher was paralyzed by an accident while working for …

U.S. P/C Insurers’ Catastrophe Losses for Q2 Double to $6 Billion; Average Claim $5K

U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes in 27 states, which is nearly double the number of catastrophes in the first …

N.H. Modifies Producer, Adjuster Licensing Law, Fees

New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …

N.D. Workers’ Comp Committee Studying Benefits of Privatization

Complaints about North Dakota’s Workforce Safety and Insurance (WSI) agency may not translate into support for making WSI a private business and allowing competition from other insurers, state lawmakers say. The Legislature’s interim Industry, Business and Labor Committee, which is …

Business Moves

Wells Fargo, Insurance Industry Charitable Foundation The Insurance Industry Charitable Foundation launched a new Western Division. Wells Fargo Insurance Services will serve as the founder of the new division. The Western Division will involve: Arizona, California, Colorado, Idaho, Montana, Nevada, …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. International Energy Package Market Detail: MarketScout provides a market for clients needing coverage for foreign …

McDevitt Named Wyoming Insurance Industry Person of the Year

Art McDevitt, vice president of the Energy Division of U.S. Risk Insurance Group Inc., a managing general agency and surplus lines wholesaler, was named Insurance Industry Person of the Year by the Association of Wyoming Agents. McDevitt received the award …

Wyoming County Requiring Event with Alcohol To Have $1M in Insurance

Anyone serving or selling alcohol on property owned by Carbon County, Wyo., had better have $1 million in liability coverage. County commissioners say the purpose of requiring liability insurance is to shield the county government from any lawsuits that could …

Wells Fargo Insurance Services Founds Western Division of Industry Charitable Foundation

The Insurance Industry Charitable Foundation has launched a new Western Division. After 15 years operating solely in California, the Foundation has expanded to include all areas of the Western United States. Wells Fargo Insurance Services will serve as the founder …

Push on for National Safety Standards for Cranes

In the wake of construction crane accidents in the past three months that claimed 11 lives, industry groups have called for nationwide safety standards. An industry council agreed on a set of standards in July 2004 but the proposal has …