2011 property/casualty outlook much like 2010
The U.S. property/casualty insurance market’s prospects are unlikely to improve next year as competition continues to promote inadequate pricing and there is no sign of meaningful change in underwriting capacity, Fitch Ratings (New York based rating agency) said in an analysis.
Record premium volume placed in London market
Insurance premium volume hit a record last year in the London market, according to an analysis released Wednesday.
Texas unemployment insurance tax rates goes up in 2011
The standard minimum unemployment insurance (UI) tax rate paid by Texas employers in calendar year (CY) 2011 will be 0.78 percent, up from 0.72 percent in CY 2010, the Texas Workforce Commission (TWC) announced.
Cal/OSHA implements updated heat safety regulations
Cal/OSHA has implemented a new standard to protect employees who work with diacetyl, a chemical commonly used to give food flavorings a buttery taste. Cal/OSHA, a division of the California Department of Industrial Relations (DIR), is the only state-OSHA plan to have such a standard.