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Universal Casualty has more than 13 times the typicall number of consumer complaints for a compan yits size, according to the Department of which has received 63 consumer complaints agains t the company in 2009, compared to 18 for the previous three years. The company wrote $5.9 million in premiums in 2008, according to the state. Departmentt Director John Huff issued the ordet forbidding from writing any new business in Missour until some allegationsare resolved, includinbg that the company failed to respon d to or properly investigate claims filed by policyholdersz in a timely manner; failed to responds to inquiries from state regulators; improperly denied and offered “unreasonably low” dollad amounts for claims, state investigators said.
A requestf for comment from Universal Casualthy was notimmediately returned.
Saturday, September 29, 2012
Thursday, September 27, 2012
Memphis Business Journal: About the paper
cicugaha.wordpress.com
You can also sign up to receive any of our email products including daily busineswnews updates, latest news of 46 industries from around the nationj and the latest networkingf and marketing alerts. You'll also find out how to becom e a regular Business Journap subscriber and receive information about how to become a BusineszsJournal advertiser. And, you'll notice that you're able to acces 41 other local business newspapers ownec by ourparent company, American City Business Journals [ ], as well as otheer American City sites with more information for the busy If you would like to learn more about American City Businesss Journals [ ], please click to downloadx the following PDF brochure: (PDF, 5 Mb) or visit The brochurde above requires Adobe Acrobat Reader to Download Acrobat Reader here.
We hope you'll let us hear from you. Stuart Chamblin Memphis Business Journal Memphis, TN 38103-2440 Email: We'd like to hear your commentds about our newspaper or web site and your suggestions for
You can also sign up to receive any of our email products including daily busineswnews updates, latest news of 46 industries from around the nationj and the latest networkingf and marketing alerts. You'll also find out how to becom e a regular Business Journap subscriber and receive information about how to become a BusineszsJournal advertiser. And, you'll notice that you're able to acces 41 other local business newspapers ownec by ourparent company, American City Business Journals [ ], as well as otheer American City sites with more information for the busy If you would like to learn more about American City Businesss Journals [ ], please click to downloadx the following PDF brochure: (PDF, 5 Mb) or visit The brochurde above requires Adobe Acrobat Reader to Download Acrobat Reader here.
We hope you'll let us hear from you. Stuart Chamblin Memphis Business Journal Memphis, TN 38103-2440 Email: We'd like to hear your commentds about our newspaper or web site and your suggestions for
Wednesday, September 26, 2012
New owners plan to redevelop Wilshire Marina - Sun-Sentinel
lehoquvuhu.wordpress.com
Sun-Sentinel | New owners plan to redevelop Wilshire Marina Sun-Sentinel An old Hollywood marina is poised for redevelopment after its recent sale to new owners with ties to Delray Beach-based hotel operator and management group Ocean Properties Ltd. The former Wilshire Marina sold for $3.37 million in an all-cash ... |
Monday, September 24, 2012
Ohio Senate OKs budget bill - Dayton Business Journal:
dyakonostrlin.blogspot.com
In a 20-11 vote along party the Senate approved a budgeft that calls for morethan $113 billion in statr spending over the two-year period beginningy July 1. That is nearly $1 billion less than the budgey approved earlier bythe Democrat-controlled “This budget protects taxpayers, funds basic services and puts seniorse and children first,” said stats Sen. John Carey, R-Wellston, chairman of the Senate’s Financew and Financial Institutions Committee. Senate Republican leaders their budgeg planMay 29.
The bill passed Wednesda y was consistent with that version and remains at odds on many issuess with the one approved by House Differences between the bills will need to be reconciledd by a House and Senatew conference committee in thecomingv weeks. The legislature needs to presenft a balanced budgetfor Gov. Ted Strickland’se signature by a June 30 deadline. Complicating the budget process is thatthe House-Senat e conference committee is expected to receive updated statd revenue estimates from Gov.
Ted Strickland’ws administration that are likely to require additional cuts to the budger passed by the The final version of the Senate bill contained an amendmenr that protects Ohio hospitals from being hurt by a new franchis fee called for inthe House-passed budgeg bill. Designed to allow the state to receiv eapproximately $1.7 billion in matchinvg federal funds for Ohio’s Medicaid health-care program for the the franchise fee would have cost hospitalxs an estimated $333 million over the two-year budget cycle.
The Senate bill retains the franchisee fee but returns all the assessment dollarsto hospitals, the That would be done through a 5 percent Medicaix payment increase for hospitals, higher payments for hospital-owned home healthb services and potentially increased payments for ambulance and hospices services owned by the hospitals. The other big amendment in the bill would open state parkland to drilling for oil andnaturalo gas. Revenue from well leases would be used to maintainm and improvestate parks.
In a 20-11 vote along party the Senate approved a budgeft that calls for morethan $113 billion in statr spending over the two-year period beginningy July 1. That is nearly $1 billion less than the budgey approved earlier bythe Democrat-controlled “This budget protects taxpayers, funds basic services and puts seniorse and children first,” said stats Sen. John Carey, R-Wellston, chairman of the Senate’s Financew and Financial Institutions Committee. Senate Republican leaders their budgeg planMay 29.
The bill passed Wednesda y was consistent with that version and remains at odds on many issuess with the one approved by House Differences between the bills will need to be reconciledd by a House and Senatew conference committee in thecomingv weeks. The legislature needs to presenft a balanced budgetfor Gov. Ted Strickland’se signature by a June 30 deadline. Complicating the budget process is thatthe House-Senat e conference committee is expected to receive updated statd revenue estimates from Gov.
Ted Strickland’ws administration that are likely to require additional cuts to the budger passed by the The final version of the Senate bill contained an amendmenr that protects Ohio hospitals from being hurt by a new franchis fee called for inthe House-passed budgeg bill. Designed to allow the state to receiv eapproximately $1.7 billion in matchinvg federal funds for Ohio’s Medicaid health-care program for the the franchise fee would have cost hospitalxs an estimated $333 million over the two-year budget cycle.
The Senate bill retains the franchisee fee but returns all the assessment dollarsto hospitals, the That would be done through a 5 percent Medicaix payment increase for hospitals, higher payments for hospital-owned home healthb services and potentially increased payments for ambulance and hospices services owned by the hospitals. The other big amendment in the bill would open state parkland to drilling for oil andnaturalo gas. Revenue from well leases would be used to maintainm and improvestate parks.
Sunday, September 23, 2012
Race favorite Denny Hamlin stuck in traffic - Boston.com
ekaterinaiuvo.blogspot.com
MiamiHerald.com | Race favorite Denny Hamlin stuck in traffic Boston.com “Right now,†Jeff Gordon said prior to Friday's qualifying session, “we're » |
Saturday, September 22, 2012
Forecast for hotel sector slips further - The Business Journal of Milwaukee:
cahijisebi.wordpress.com
The company’s latest forecast paints a fairly bleak picture for the rest of 2009 predicting occupancyt rates across the country will bedown 8.4 percenyt this summer compared to last year, and down 8.4 perceng by the end of 2009. The Tenn.-based company predicts the average daily room rate will bedown 10.4 percengt this summer and 9.7 percent by the end of 2009. Revenues per available room is expected to bedown 18.7 perceng this summer and 17.1 percentf by the end of 2009. Accordingf to the firm, a rebound of group travel will be key tothe industry’sa recovery.
Group business will have to return to about 90 to 95 percent of its levels prior tothe downturn, whichu will in turn generate transient before hotels once again gain any pricing “On an inflation-adjusted basis, it’s probablyy going to be longer than six years before the rates get back to 2007 said Mark Lomanno, president of Smith Travel Research. Last week Arizona released its tourism numbersfrom 2008, showinbg significant weakness from the year While the average daily rate of a room in Arizona last year was $107.
76, a bit higher than the national ADR of tourism figures released for the first quarter — typicallu the high tourist seasoj — show the hospitality industry is still challengecd by the downturn. Statewide, ADR was down 13.8 from $132.72 in first-quarter 2008 to $114.476 in first-quarter 2009. In metro ADR sank 16 percent, from $160.87 in first-quarte 2008 to $135.08 in first-quarter 2009. Because metro Phoenicx boasts manyluxurious upper-tier resorts, daily rates in the region are somewhat highetr than statewide figures. For more on the state’s tourism .
The company’s latest forecast paints a fairly bleak picture for the rest of 2009 predicting occupancyt rates across the country will bedown 8.4 percenyt this summer compared to last year, and down 8.4 perceng by the end of 2009. The Tenn.-based company predicts the average daily room rate will bedown 10.4 percengt this summer and 9.7 percent by the end of 2009. Revenues per available room is expected to bedown 18.7 perceng this summer and 17.1 percentf by the end of 2009. Accordingf to the firm, a rebound of group travel will be key tothe industry’sa recovery.
Group business will have to return to about 90 to 95 percent of its levels prior tothe downturn, whichu will in turn generate transient before hotels once again gain any pricing “On an inflation-adjusted basis, it’s probablyy going to be longer than six years before the rates get back to 2007 said Mark Lomanno, president of Smith Travel Research. Last week Arizona released its tourism numbersfrom 2008, showinbg significant weakness from the year While the average daily rate of a room in Arizona last year was $107.
76, a bit higher than the national ADR of tourism figures released for the first quarter — typicallu the high tourist seasoj — show the hospitality industry is still challengecd by the downturn. Statewide, ADR was down 13.8 from $132.72 in first-quarter 2008 to $114.476 in first-quarter 2009. In metro ADR sank 16 percent, from $160.87 in first-quarte 2008 to $135.08 in first-quarter 2009. Because metro Phoenicx boasts manyluxurious upper-tier resorts, daily rates in the region are somewhat highetr than statewide figures. For more on the state’s tourism .
Thursday, September 20, 2012
Sign of revival: Demand grows for white-collar workers - Pacific Business News (Honolulu):
burdukovahycel.blogspot.com
Official government statistics, which can lag a montj or two, have shown a levelinvg off of major layoffs and an incremental decrease in regionalpunemployment rates, but some recruiteras and employment agents say there appeare to be more activity happening in real time that may be reflectes in the data soon. “We had the best monthg we’ve had all in May, in terms of direcf placementsin permanent, full-time said Gary Graham Jr., presidentr of in Greensboro. He declinecd to share exact numbersof full-timde workers placed recently, but he said temporary assignments have also increased, from around 140 or 150 per week earluy this year to an average of abouty 250 per week now.
Pierss Clarkson, director of executive recruitinvg atin Winston-Salem, said he’s seeint strong signals of increased confidence, particularly in financial industried such as banking and mortgage financingv that have suffered some of the biggestg scares during the recession. “jI think most of the layoffs are probablyh in thepast now. Most companies are beyond that Clarkson said. While he didn’t have solid numbers to report as evidence of arebound yet, he said inquiriesz from employers are up, and resumesz from freshly unemployed job-hunteras have tapered off.
“I think everyonde is kind of over the initial shocik of being in a recession andtherse aren’t as many uncertainties,” he “Without those uncertainties, companies can starft to feel like it’s OK to starft hiring again.” The cautious optimismm is also reflected in the latest Manpower Employmentf Outlook Survey, though that report showecd that any hiring rebound might not be evenly distributec around the Triad. Job growth is likely to be slow at best in Greensborok and High Point during the nextthreew months, the survey found, with 7 percent of firmzs planning to hire more workers and 14 percent stilol expecting to reduce payrolls.
But at the same time the survetyfound Winston-Salem has one of the best hiringv outlooks in the country, with 22 percent of companies planning to step up hiring whiled only 7 percent expect to cut jobs Only Barnstable Township in Massachusetts and Alaska had better net employment outlooks, the survey found. It’sa hard to find too much to celebrate in the most recenrt unemployment figures released bythe N.C. Employmengt Security Commission. The good news is that the unemployment rate dropped in boththe Greensboro/High Poinr and Winston-Salem areas in April. In Greensboro, the rate fell from 11.4 percent to 11.1 percent and in Winston-Salem from 10.2 to 9.
7 Both of those percentages are still wellabovee pre-recession levels and have been kept high by continuingv job losses in the manufacturing and construction White-collar workers have also been impactedd by layoffs, but to varying degrees. workers in health and educatioh and government fields are the only ones to have seen net job increasezs over thepast year. The Employment Security Commission says education and health services jobs increaseddby 2.1 percent through and government jobs grew by 2.4 percent. But othert white-collar employees have been hit as hard astheir blue-collad brethren, or even worse.
In Winston-Salem, for example, totakl jobs in the “professional and business services” classificatiob fell by 3,000 from April 2008 to April 2009, or 11.1 By comparison, the manufacturing sector in Winston-Salem contracted by 2,700 jobs or 9.7 Manufacturing has taken the harder hit in Greensborok andHigh Point, though. Those jobs have contracted by or 10.8 percent, during the year, compared to shrinkager of 8.6 percent, or 4,100, businese and professional jobs.
If the executive and professionao ranks are seeing early signz of a rebound it might not have an immediatd and direct impact onunemployment rates, but it’s stil a good sign, said Clarkson, the executive There may be fewer total jobs in the executive suite than on a factorty floor, but those executives are often beingg hired to plan strategies for growth down the road. That migh t be what will eventually start to brin g Triad unemployment rates back downto earth, he “I’ve been through other recessione and poor job markets, and it’s always the higher-levep executive placements that are the first to be hired” when a rebounfd is coming, Clarkson said.
“Then it trickle s down to the mid andentry levels. I think we’rde at the beginning of thoseeimprovements now.” While employment agents say most of the positiv e indicators are showing up in white-collaer classifications, some companies in the manufacturing sector say they’rwe seeing some opportunities for growth too. At DAC which makes product and brandingh displays at factories in Rural Hall and East President Tony Smithsaid he’s added 20 jobs so far this year and now has a headcounf of around 105.
The new employees are primarilyt in a new division that is makin institutional furniture for customers such as Plans for the new divisio n were already under way when the economgy dropped sharplylast fall, but Smitnh said he and his brothers, who co-own the company, decide d to go ahead and invest abouty $500,000 in the new employee and the equipment they’d need to make It looks like that investment will get back to break-evemn by the end of the year and then startf adding to DAC’s bottom line, Smithu said.
The federal stimulux legislation that passed in February seems to be givintg his new furniture divisiona “A lot of that government stimulus is going into areas like schoolds and public libraries and military bases, and that’se where a lot of our order s are coming from,” Smith said.
Official government statistics, which can lag a montj or two, have shown a levelinvg off of major layoffs and an incremental decrease in regionalpunemployment rates, but some recruiteras and employment agents say there appeare to be more activity happening in real time that may be reflectes in the data soon. “We had the best monthg we’ve had all in May, in terms of direcf placementsin permanent, full-time said Gary Graham Jr., presidentr of in Greensboro. He declinecd to share exact numbersof full-timde workers placed recently, but he said temporary assignments have also increased, from around 140 or 150 per week earluy this year to an average of abouty 250 per week now.
Pierss Clarkson, director of executive recruitinvg atin Winston-Salem, said he’s seeint strong signals of increased confidence, particularly in financial industried such as banking and mortgage financingv that have suffered some of the biggestg scares during the recession. “jI think most of the layoffs are probablyh in thepast now. Most companies are beyond that Clarkson said. While he didn’t have solid numbers to report as evidence of arebound yet, he said inquiriesz from employers are up, and resumesz from freshly unemployed job-hunteras have tapered off.
“I think everyonde is kind of over the initial shocik of being in a recession andtherse aren’t as many uncertainties,” he “Without those uncertainties, companies can starft to feel like it’s OK to starft hiring again.” The cautious optimismm is also reflected in the latest Manpower Employmentf Outlook Survey, though that report showecd that any hiring rebound might not be evenly distributec around the Triad. Job growth is likely to be slow at best in Greensborok and High Point during the nextthreew months, the survey found, with 7 percent of firmzs planning to hire more workers and 14 percent stilol expecting to reduce payrolls.
But at the same time the survetyfound Winston-Salem has one of the best hiringv outlooks in the country, with 22 percent of companies planning to step up hiring whiled only 7 percent expect to cut jobs Only Barnstable Township in Massachusetts and Alaska had better net employment outlooks, the survey found. It’sa hard to find too much to celebrate in the most recenrt unemployment figures released bythe N.C. Employmengt Security Commission. The good news is that the unemployment rate dropped in boththe Greensboro/High Poinr and Winston-Salem areas in April. In Greensboro, the rate fell from 11.4 percent to 11.1 percent and in Winston-Salem from 10.2 to 9.
7 Both of those percentages are still wellabovee pre-recession levels and have been kept high by continuingv job losses in the manufacturing and construction White-collar workers have also been impactedd by layoffs, but to varying degrees. workers in health and educatioh and government fields are the only ones to have seen net job increasezs over thepast year. The Employment Security Commission says education and health services jobs increaseddby 2.1 percent through and government jobs grew by 2.4 percent. But othert white-collar employees have been hit as hard astheir blue-collad brethren, or even worse.
In Winston-Salem, for example, totakl jobs in the “professional and business services” classificatiob fell by 3,000 from April 2008 to April 2009, or 11.1 By comparison, the manufacturing sector in Winston-Salem contracted by 2,700 jobs or 9.7 Manufacturing has taken the harder hit in Greensborok andHigh Point, though. Those jobs have contracted by or 10.8 percent, during the year, compared to shrinkager of 8.6 percent, or 4,100, businese and professional jobs.
If the executive and professionao ranks are seeing early signz of a rebound it might not have an immediatd and direct impact onunemployment rates, but it’s stil a good sign, said Clarkson, the executive There may be fewer total jobs in the executive suite than on a factorty floor, but those executives are often beingg hired to plan strategies for growth down the road. That migh t be what will eventually start to brin g Triad unemployment rates back downto earth, he “I’ve been through other recessione and poor job markets, and it’s always the higher-levep executive placements that are the first to be hired” when a rebounfd is coming, Clarkson said.
“Then it trickle s down to the mid andentry levels. I think we’rde at the beginning of thoseeimprovements now.” While employment agents say most of the positiv e indicators are showing up in white-collaer classifications, some companies in the manufacturing sector say they’rwe seeing some opportunities for growth too. At DAC which makes product and brandingh displays at factories in Rural Hall and East President Tony Smithsaid he’s added 20 jobs so far this year and now has a headcounf of around 105.
The new employees are primarilyt in a new division that is makin institutional furniture for customers such as Plans for the new divisio n were already under way when the economgy dropped sharplylast fall, but Smitnh said he and his brothers, who co-own the company, decide d to go ahead and invest abouty $500,000 in the new employee and the equipment they’d need to make It looks like that investment will get back to break-evemn by the end of the year and then startf adding to DAC’s bottom line, Smithu said.
The federal stimulux legislation that passed in February seems to be givintg his new furniture divisiona “A lot of that government stimulus is going into areas like schoolds and public libraries and military bases, and that’se where a lot of our order s are coming from,” Smith said.
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