Ark. Farm Bureau Ratings Lowered; Louisiana Farm Bureau Affirmed

A.M. Best Co

Marsh Executive Joins Aon Risk Solutions’ Pittsburgh Office

Aon Risk Solutions, the global risk management business of Aon plc, recently hired Michael Barbarita as managing director, executive vice president of the company’s growing Pittsburgh office.

CEA, Red Cross Alliance Auction Raises $180K Disaster Readiness and Relief

Two months after joining forces to increase earthquake preparedness in California, the alliance between the California Earthquake Authority and the American Red Cross to put on a statewide online auction in April raised $180,000 preparedness efforts and response programs in California, according to the twi groups. “This first-time statewide online auction attracted more interest than we imagined possible,” American Red Cross Los Angeles Region Chapter CEO Paul Schulz said in a statement

New York Fines 15 Insurers Over Mental Health Notices

New York regulators have fined 15 insurers $2.7 million for failing to notify small businesses they were eligible to buy special coverage for mental illnesses and children with serious emotional disturbances. Superintendent of Financial Services Benjamin Lawsky says they are the first fines under Timothy’s Law, named for a teen who committed suicide after his parents were unable to obtain needed mental health treatment. The law took effect in 2007.

N.Y. Officials Target Safety on Dangerous Roadway in Nassau County

Safety upgrades are planned for a New York highway that has averaged five pedestrian deaths annually since 2005.

Florida Looks to Fix Loophole in PIP Reform Law

Florida regulators are scrambling to fix a loophole in the state’s new auto no-fault insurance law that could affect medical payments to health care providers and trigger a spate of lawsuits against the law.

R.I.-Based Narragansett Bay Insurance Appoints VP

Narragansett Bay Insurance Company, a Pawtucket, R.I.-based homeowners insurer, appointed Miles Hunter as vice president of corporate development. Miles Hunter In his new role, Hunter will provide decision support and analysis to the company’s executive team and investor group.

Missouri Efforts to Expand Texting Law Again Fall Short

Late last year, federal safety officials made a deadly crash in rural eastern Missouri a focal point in a nationwide call to ban drivers from using their cellphones while behind the wheel.

ACE Adds Preferred Securities Panel Option to D&O Policies

ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with a non-mandatory panel counsel option. The ACE Preferred Securities Panel consists of law firms with experience and expertise in handling complex securities litigation across many jurisdictions and industries. Selecting a firm from the ACE Preferred Securities Panel to defend a securities claim provides policyholders with a 25 percent securities retention discount up to a maximum of $500,000

Idaho Man Gets Jail Time For Faking Motorcycle Mishap

The insurance claim seemed straightforward: Jason Preston said his motorcycle was wrecked. His clothing was scuffed up to prove it. But Idaho investigators figured there was something fishy about the Blackfoot man’s story he’d crashed the bike to avoid hitting an animal in July 2011

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