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10, 2015
Family of Oregon Girl Who Died in 2014 Plane Crash Sues Manufacturer
The family of a 4-year-old girl who died when the homebuilt airplane she was riding in crashed in Toledo is suing the plane’s manufacturer. The Oregonian reported the suit against Van’s Aircraft of Aurora seeks $35 million in damages in …
21
10, 2015
Rate Changes in Store for Texas Auto Insurance Plan
The Texas Automobile Insurance Plan Association (TAIPA) will raise some rates and lower some for private passenger and commercial automobile insurance, effective Feb. 1, 2016, the Texas Department of Insurance announced. A recently issued commissioner’s order revises TAIPA’s private passenger …
21
10, 2015
Oklahoma Commissioner to Insurers: Clarify Earthquake Coverage
In response to a growing number of questions from consumers about earthquake coverage, Oklahoma Insurance Commissioner John D. Doak has asked property/casualty insurers in the state to send each policyholder a clarifying notice of earthquake coverage. In announcing the new requirement …
21
10, 2015
Workers’ Comp Medical Payments in Illinois Rose in 2013: Report
Medical payments per workers’ compensation claim in Illinois rose 4.1 percent in 2013, after decreasing 20 percent between 2010 and 2012 as a result of a 30 percent reduction in fee schedule rates, according to a recent study by the …
21
10, 2015
Arkansas Drought Heightens Fire Risk, Lowers Lake Levels
The U.S. Army Corps of Engineers says boaters should be careful on Arkansas lakes as a drought lowers water levels, and foresters say outdoor burning should be avoided to reduce the risk of wildfires. The Corps said water levels at …
21
10, 2015
Wisconsin’s Ashley Furniture Again Cited for Alleged Safety Hazards
A federal safety agency has again cited Ashley Furniture Industries Inc. for alleged safety violations at one of its Wisconsin factories. The U.S. Occupational Safety and Health Administration alleged that Arcadia-based Ashley failed to protect workers from moving machine parts …
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10, 2015
South Dakota City to Open $5.8M Facility Rebuilt with Insurance Funds
City leaders in Spearfish, S.D., are set to open a $5.8 million facility built to replace a city-owned call center that collapsed during a blizzard two years ago. The Atlas Building, funded by insurance money, is tentatively set to open …
21
10, 2015
K&K to Partner with Producers to Provide New Program Business Markets
K&K Insurance Group, Inc., a subsidiary of Aon plc, is now accepting property and casualty program business from producers. K&K has provided property and casualty program options for more than 60 years, traditionally focused on the sports and leisure industries, …
21
10, 2015
P/C Insurers Posted $31B Profit for 2015 1st Half, Highest 1st-Half Income Since ’07
Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in the first half of 2015 from $26.0 billion in the first half of 2014, according to a report today from ISO, a Verisk Analytics business, and the …
21
10, 2015
NORCAL Expands Medical Professional Liability Coverage to Arizona
NORCAL Mutual Insurance Company is now offering medical professional liability insurance to physicians and health care professionals in Arizona. This is the twelfth state to come under the parent company’s umbrella as part of NORCAL Mutual’s national expansion plan, which …