A workers’ compensation hearing begins at 9 a.m. this morning in the California State Capitol in Sacramento. This is the first of three hearings set by Assemblyman Thomas Calderon, D-Montebello, to increase public awareness and understanding of key insurance issues …
Tennant Risk Services, the program manager for the Title Agents of America E&O insurance program, is including E-Commerce coverage as part of its Title Industry E&O insurance. Northland Insurance Companies provides coverage for the Tennant Risk Services Program. “This announcement …
American International Group, Kemper Insurance Cos. and Prudential Insurance Co. of America plan to jointly establish a web-based insurance agency that will allow consumers to research, buy and manage personal lines insurance. The venture is named Fusura, which will offer …
The Kansas House of Representatives will hear testimony today on a privacy bill. Both Kansas Insurance Commissioner Kathleen Sebelius and Kansas House Insurance Committee Chairman Bob Tomlinson will testify in favor of the new privacy standards. Sebelius and Assistant Commissioner …
Michigan Financial and Insurance Services Commissioner Frank M. Fitzgerald announced three measures today that reduce unnecessary regulatory burdens on the financial institution and insurance industry. The measures eliminate the examination requirement for variable contract licensure, rescind Credit Union Bulletin 84-1, …
Allianz AG reported today a 12 percent rise in adjusted net profit in 2000, meeting analyst expectations. The company also fortified its outlook for 2001 following German tax reforms. The company reported adjusted net profit rose to 2.3 billion euros …
Bermuda-based ACE Ltd. Reported today its fourth quarter operating profits rose almost 61 percent, beating expectations. The insurer said fourth-quarter operating profits, excluding one-time items, rose to $164 million, or 65 cents per share, from $102 million, or 52 cents …
Popular novelist Stephen King filed a lawsuit in a Maine Superior Court against his insurer, Commercial Union York Insurance Co. The suit alleges that the insurance company failed to provide full coverage for injuries King suffered as the result of …
The Utah State Legislature has passed HB 59, allowing subsidiaries of the state workers’ compensation fund to sell insurance to employers outside Utah, in direct competition with private insurance companies. If signed by the governor it will allow the Utah …
The California Department of Insurance insists the goal of a proposed emergency regulation is to make sure that insurers use plain English on all posted market conduct exams, but according to the National Association of Independent Insurers, the use of …
