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Insurance Executive Sees Problems, Opportunities in L.A.’s Earthquake Law
Who’s going to pay? It’s a big question that will face front of landlords of thousands of Los Angeles properties early next year. When the Los Angeles City Council unanimously voted in October for new earthquake retrofit regulations it put …
Kentucky Governor Awards Power Plant for 2 Million Accident Free Hours
A western Kentucky power plant is being honored with working more than 2 million hours without a lost-time accident. The employees of the Big Rivers Sebree station recently received the Governor’s Safety and Health Award for the feat. Kentucky Labor …
South Carolina Lawmaker Proposes Sorority, Fraternity Information Database
A South Carolina lawmaker is proposing that the state set up an online database where violations, arrests and investigations linked to fraternity and sorority activities at the state’s public colleges can be listed. The Anderson Independent Mail reports the legislation …
Florida’s Normandy Insurance Promotes Sublet to VP of Business Development
Normandy Insurance has promoted Robert Sublet to vice president of Business Development. Formerly a senior field underwriter with Normandy, Sublet’s new role will focus on accelerating Normandy’s growth. During his tenure at Normandy, Sublet has worked on developing Normandy’s marketing …
North Carolina Supreme Court Weighing At-Will Firing Practices of State Sheriffs
A trio of lawsuits is challenging the long-standing ability of North Carolina sheriffs to fire their deputies at will – a practice critics say allows some to maintain personal political fiefdoms where paychecks and patronage are connected. North Carolina’s Supreme …
Mississippi Capitol Moves Closer to Regulating Ridesharing Entities
Jackson has taken a step toward regulating ride-hailing services such as Uber after the Rules Committee of the Jackson City Council voted to send a suggested ordinance to the full council. The suggested regulations include a $5,000 registration application fee …
Main Street America Launches Commercial Lines Cyber Risk Coverage
The Main Street America Group has launched a cyber risk protection offering designed for “Main Street” businesses in 19 states across the country. The coverage, available through Main Street America’s Main Line Business Owners Policy (Main Line BOP), is currently …
Federal Officials Reopen Disaster Loan Filing Period for Sandy Victims
Federal officials have reopened the filing period for Superstorm Sandy victims to apply for low-interest disaster loans. The Small Business Administration says the move was authorized by legislation that President Obama signed late last month. Thousands of New Jerseyans were …
Towers Watson Shareholders ‘Should Reject’ New Willis Deal, Says Proxy Adviser
Towers Watson & Co. shareholders should vote against an $8.9 billion merger with Willis Group Holdings Plc even after the insurance broker increased the offer amid a backlash from investors, proxy adviser Glass Lewis & Co. said in a report. The transaction remains …
New Credit Card Chips Shift Liability to Retailers
On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that accepts or issues payment …