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09, 2015
Louisiana Regulators Take Over Health Insurance CO-OP
The 19th Judicial District Court granted an Order of Rehabilitation and Injunctive Relief giving Insurance Commissioner Jim Donelon possession and control of the Louisiana Health Cooperative Inc. (LAHC, aka CO-OP), the Louisiana Department of Insurance announced. The CO-OP is a …
The article Louisiana Regulators Take Over Health Insurance CO-OP appeared first on Insurance Journal.
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09, 2015
El Nino Expected to Peak at Year’s End
El Nino will peak around the end of the year as warming sea temperatures in the Pacific Ocean may exceed those seen during the record event almost two decades ago. Recent oceanic and atmospheric indicators are at levels not seen …
The article El Nino Expected to Peak at Year’s End appeared first on Insurance Journal.
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09, 2015
Wisconsin Firm Recalls Sausage Patties with Possible Metal Pieces
A Wisconsin company is recalling roughly 89,000 pounds of pork sausage patties after officials say consumers complained of finding small pieces of metal. The U.S. Department of Agriculture said in a news release that the products from Kenosha Beef International …
The article Wisconsin Firm Recalls Sausage Patties with Possible Metal Pieces appeared first on Insurance Journal.
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09, 2015
Moody’s Sees 2015 as Turning Point for P/C Commercial Insurers
The outlook for the U.S. property/casualty commercial insurance sector is stable but insurers will begin to feel the pressure from compressing margins, according to Moody’s Investors Service. In a new report, Moody’s said its stable outlook for the sector is …
The article Moody’s Sees 2015 as Turning Point for P/C Commercial Insurers appeared first on Insurance Journal.
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09, 2015
Florida High Court to Decide on $3.3 Million Award to Man Mistaken for Bank Robber
Rodolfo Valladares wore the wrong hat to the wrong Miami bank while trying to cash a $100 check in a case of mistaken identity that’s led to a court battle over $3.3 million. A bank teller mistook Valladares for a …
The article Florida High Court to Decide on $3.3 Million Award to Man Mistaken for Bank Robber appeared first on Insurance Journal.
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09, 2015
Wildfire in California Damages Five Big Power Plants
A California wildfire damaged five power plants at Calpine Corp.’s Geysers geothermal complex in Lake and Sonoma Counties. The so-called Valley Fire burned local power distribution lines, cooling towers and communication equipment at the power plants, the Houston, Texas-based company said …
The article Wildfire in California Damages Five Big Power Plants appeared first on Insurance Journal.
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09, 2015
Mass. Health Spending Surged in 2014 Despite Efforts to Control Costs
The cost of health care soared nearly 5 percent in Massachusetts last year despite efforts to hold down expenditures, according to a state report released Wednesday. The Center for Health Information and Analysis, an independent agency, said health care expenditures …
The article Mass. Health Spending Surged in 2014 Despite Efforts to Control Costs appeared first on Insurance Journal.
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09, 2015
Missouri Fire Department Settles Same-Sex Benefits Lawsuit
A small southwest Missouri fire department has settled a lawsuit with the American Civil Liberties Union and a former fire captain who was seeking benefits for her same-sex wife. Fire Capt. Andi Mooneyham and the ACLU sued the Ozark Fire …
The article Missouri Fire Department Settles Same-Sex Benefits Lawsuit appeared first on Insurance Journal.
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08, 2015
NAMIC Hires Paolino as State Affairs Director for Northeast Region
The National Association of Mutual Insurance Companies (NAMIC) hired Cate Paolino as director of state affairs for the Northeast region. Paolino is based in Foxboro, Massachusetts, and will represent NAMIC member company interests in New England, New Jersey, and New …
The article NAMIC Hires Paolino as State Affairs Director for Northeast Region appeared first on Insurance Journal.
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09, 2015
Boston-Based Online Agency Goji Plans to Add Over 100 New Employees
Goji, an online independent insurance agency based in Boston, said it plans to add some 115 new employees during the next 12 months. The firm also announced the appointment of Erin Barriere as vice president of Human Resources to oversee …
The article Boston-Based Online Agency Goji Plans to Add Over 100 New Employees appeared first on Insurance Journal.