Insurance Stories

Oklahoma House OKs Allowing Armed State Attorneys

Oklahoma’s attorney general and assistant attorneys general would be able to carry firearms virtually anywhere in the state under a bill approved in the House. The House voted 82-11 for the bill that authorizes those state officers to carry anywhere … Continue reading

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Festa Named CIGA Board Chair

RENO, Nev.-based EMPLOYERS Senior Vice President and Chief Claims Officer Stephen V. Festa has been named chairman of the board of governors of the California Insurance Guarantee Association, a body that pays the claims of insolvent property and casualty insurance … Continue reading

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City Inspectors Faulted in Indianapolis Flooding

Investigators say May flooding that swamped one of Indianapolis’ entertainment districts unfolded months after city inspectors inadvertently left a pair of flood gates in manual mode during an inspection. The Department of Public Works found January’s inspection oversight allowed trespassers … Continue reading

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R.I. Enacts New Law to Assist Homeowners With Hurricane-Related Claims

Rhode Island Gov. Lincoln Chafee on Tuesday signed into law legislation designed to provide additional protection to homeowners when they suffer damages from hurricanes. The legislation (House bill 2012-H7484A and Senate bill 2012-S2597A) also includes additional consumer protections for the … Continue reading

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N.Y. Rail Workers in Disability Scam May Be Eligible for Amnesty

Long Island Rail Road retirees who faked disability claims in order to get more lucrative pensions would avoid prosecution and be able to keep some benefits if they admit wrongdoing under a deal with the federal government, officials said Tuesday. … Continue reading

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OSHA Investigating Recent Spate of Construction Site Accidents in N.J.

Federal labor officials want construction companies in New Jersey to ensure that employees working above 6 feet have the proper equipment to protect themselves from falls. The U.S. Department of Labor’s Occupational Safety and Health Administration issued the call this … Continue reading

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Senate to Vote on 60-Day Extension of Flood Insurance Program

U.S. Sen. David Vitter, R.-La., said he and Senate Majority Leader Harry Reid, D.-Nev., have forged a bipartisan agreement to allow floor time on a five-year extension of the National Flood Insurance Program (NFIP) when it returns after Memorial Day … Continue reading

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Arthur J. Gallagher Acquires Professional Claims Managers

Arthur J. Gallagher Co. has acquired Professional Claims Managers Inc. in Dallas, Texas. Terms of the transaction were not disclosed. Formed in 1986, Professional Claims Managers (PCM) is a full service third party administrator that provides comprehensive claims and litigation … Continue reading

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Poms Names Pesavento VP Of Business Development In Colorado

Greenwood Village, Colo.-based Poms Associates Insurance Brokers Inc. named Robert Pesavento vice president of business development in the Greenwood Village, Colo. office. Pesavento works with clients in various industries, including aviation, construction, finance, manufacturing, national security, retail, technology and transportation. … Continue reading

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Oregon CPCU Chapter Elects 2012 Officers

The Chartered Property Casualty Underwriters Society Oregon Chapter has named its 2012 officers. The officers are: President Dale Thomas of State Farm; President-Elect Linda Rooke of Zarosinski-Leavitt; Vice-President Katherine Bauer of Marsh, USA; Treasurer Diane Connolly of State Farm; Secretary … Continue reading

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