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California Bureau May Ask for 30 Percent Workers' Comp Increase

Fri, 08/06/2010 - 15:16
California's Workers' Compensation Insurance Rating Bureau is considering requesting a 30 percent increase in pure premium rates for 2011 policies. The news that California's Workers' Compensation ...

Calif. Imposes Regulations To Prevent Illegal Insurance Recissions

Fri, 08/06/2010 - 10:54
California Insurance Commissioner Steve Poizner has imposed regulations designed to combat illegal rescissions. The rules take effect on August 18. Currently, health insurers may only rescind ...

Florida Orders Halt to Sale of Warranty Products

Fri, 08/06/2010 - 10:41
Florida Insurance Commissioner Kevin McCarty today announced the Office of Insurance Regulation (Office) has issued an order to Auto Repair Warranty Inc. (ARW), Auto Repair Group LLC (ARG) and ...

New Jersey Regulators Want to End Auto Insurance Subsidy Program

Fri, 08/06/2010 - 10:32
New Jersey insurance regulators plan to eliminate a never-used legal entity designed to monitor and encourage auto insurers to write more business in higher-risk areas of the state. The plan, ...

Active Hurricane Season Predicted

Fri, 08/06/2010 - 10:13
Government forecasters say record high temperatures in the Atlantic Ocean will keep this hurricane season on track to be the busiest since 2005. The National Oceanic and Atmospheric Administration ...

Groups Earn Combined $840K in Dividends from Texas Mutual

Fri, 08/06/2010 - 10:02
Texas Mutual Insurance Co. announced that four purchasing groups have earned a combined $839,151 in workers' compensation dividends. The dividends were based largely on each group's premium volume ...

Oklahoma Unemployment Insurance Tax Rates to Jump in 2011

Fri, 08/06/2010 - 09:55
The Oklahoma Employment Security Commission (OESC) has issued a notice to business owners that most Oklahoma employers can expect to see increases in their state unemployment insurance (UI) tax ...

Former Ohio Insurance Agent Indicted on Theft Charges

Fri, 08/06/2010 - 09:34
Ohio Department of Insurance Director Mary Jo Hudson announced that Michael Cox of Powell, Ohio, has been indicted by a Franklin County grand jury on ten counts of felony theft. A department ...

NASA Begins Hurricane Study with High Hopes

Fri, 08/06/2010 - 09:31
Starting August 15, NASA will begin a six-week study to better understand how hurricanes form and intensify, information that should allow for better hurricane prediction. Weather experts are ...

Cincinnati Bengals Partnering with Nationwide Insurance on Growl-Off

Fri, 08/06/2010 - 09:30
Cincinnati Bengals fans will soon know who has the World's Greatest Bengals Growl, in a first-of-its-kind contest outside Paul Brown Stadium this season. It's just one element of the new ...

Waterloo, Iowa, to Receive $7M Grant for Flood Control

Fri, 08/06/2010 - 09:14
The U.S. Department of Commerce is providing Waterloo, Iowa, with a $7 million grant for flood control efforts. U.S. Sen. Chuck Grassley, D-Iowa, announced the Economic Development Administration ...

Massachusetts Agents Score Policy Ownership Victory

Fri, 08/06/2010 - 09:08
Massachusetts insurance agents scored a victory this week as the state's governor signed a new law allowing them to keep their rights to clients' expiring auto policies — a move sought by ...

Moscow Choked by Wildfire Smoke, Heatwave; Villages Burn; Planes Diverted

Fri, 08/06/2010 - 08:58
Dense clouds of acrid smoke from peat and forest fires choked Russia's capital on Friday, seeping into homes and offices, diverting planes and prompting exhausted Muscovites to wear surgical masks ...

Delaware to Hire More Workers at DMV

Fri, 08/06/2010 - 08:39
Delaware's governor has given temporary authorization for the hiring of more workers for the Department of Motor Vehicles after residents complained of long lines. Gov. Jack Markell took the ...

Propane Leak Blamed for Fatal Blast at Massachusetts Condo

Fri, 08/06/2010 - 08:27
Fire investigators say a propane leak from a basement heating unit was the cause of a deadly explosion at a condominium under construction in Massachusetts. State Fire Marshal Stephen Coan said ...

Former Connecticut Insurance Commissioner Dies

Thu, 07/22/2010 - 08:54
Former Connecticut Insurance Commissioner Susan Cogswell, the first woman to hold the job, has died. She was 57. The Republican Town Committee of Torrington, where Cogswell lived, released a ...

Oklahoma Insurance Chief Challenges Medicaid Tax

Thu, 07/22/2010 - 08:49
Oklahoma Insurance Commissioner Kim Holland has asked the Oklahoma Supreme Court to strike down a new state law designed to raise revenue for the state's Medicaid program. The law imposes a fee on ...

Builder Agent Network Offers New Package Policy for Texas Home Builders

Thu, 07/22/2010 - 08:45
The Builder Agent Network (BAN) is expanding it offerings for Texas home builders and general contractors to include a new package policy for home builders. BAN is a managing general agent for ...

Jury Convicts South Carolina Workers' Compensation Consultant

Thu, 07/22/2010 - 08:45
After a two day trial, a South Carolina workers' compensation consultant and former state representative has been found guilty of mail fraud for fabricating payroll figures in order to obtain ...

Obama Opposes Adding Wind Coverage to Federal Flood Insurance

Thu, 07/22/2010 - 08:28
The Obama Administration is again opposing a move to add wind insurance to the federal flood insurance program, as has been pushed by Rep. Gene Taylor, D.-Miss. A statement from the Office of ...