Archive for December, 2008
Brown & Brown Inc. Acquires Baker, Thomsen Associates Insurance Services
A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Thomsen Associates Insurance Services of Newport Beach, Calif.
Baker, Thomsen Associates Insurance Services, with …
Insurers Say Fair Value Accounting Was a ‘Powerful Accelerant’ to Credit Crisis
The application of fair value accounting measurements to an inactive, illiquid, and disorderly market for structured credit products helped fuel the worldwide credit crisis, an organization of …
Workers’ Comp Assigned Risk Rate to Rise in Minnesota
Minnesota’s Commerce Commissioner has issued a rate order approving a 2.6 percent increase in the overall level of the assigned risk rates for workers’ compensation insurance. The increase is …
Another Hole Found in I-40 Bridge in Oklahoma City
In the latest of a series of problems involving Interstate 40 through Oklahoma City, a hole opened in a bridge over the North Canadian River Dec. 29, forcing the closure of two eastbound lanes …
Rates Fall for Mine Subsidence Insurance in Pennsylvania
Staring tomorrow, homeowners and commercial building owners in Pennsylvania can take advantage of substantially lower rates for mine subsidence insurance, making it more affordable to protect …
New Year Brings Fire Safe Cigarettes, Extended Tax Break in Oklahoma
It may be a little harder to keep cigarettes lit in Oklahoma next year.
Jan. 1 is the effective date for legislation passed last session requiring that cigarettes sold in Oklahoma comply with …
Arkansas Teen Drivers Have Higher Fatality Rates, AAA Says
Teenage drivers in Arkansas have a higher rate of traffic fatalities than any other category of drivers in the state, and the AAA wants the state to further restrict driving by young people. …
Safety Group’s Ads Aim to Reduce Crashes with Trains in Ohio
A rail safety group plans a campaign to reduce Ohio’s relatively high numbers of pedestrians and vehicles struck by trains.
Operation Lifesaver says Ohio ranks 7th with 113 crashes involving …
Fatalities on New Hampshire Roads up in 2008
Fatal motor vehicle crashes are on the rise for the second year in a row according to the New Hampshire Department of Safety.
The numbers released on Monday include all fatalities from Jan. 1 …
In Vermont, Flooding Threat Wanes
Cooling temperatures and falling Winooski River water levels have all but eliminated the threat of flooding in Montpelier, Vermon — for now.
The river’s depth, which had risen because of an …