One of New Jersey’s top five auto insurers is considering its options as a result of an announcement last week by State Farm Indemnity Co. which indicated it was withdrawing from selling auto insurance in the Garden State. State Farm …
Ohio has become the first state to adopt the NAIC Electronic Commerce Bulletin. Ohio Department of Insurance Director Lee Covington made the announcement at the Electronic Commerce Symposium hosted by the Electronic Commerce and Regulation Working Group of the National …
GuideOne Insurance announce that the company signed a definitive agreement, effective Aug. 1, 2001, to sell GuideOne Casualty Insurance Company, the organization’s Tulsa, Okla., operation, to the Home State Insurance Group, of Waco and Dallas, Texas. “This agreement is beneficial …
The rapid descent of the U.K.’s Independent Insurance finally hit bottom Sunday night, when a London Court appointed PricewaterhouseCoopers (PwC) as the company’s provisional liquidators after major gaps were found in its claims accounting procedures. Independent’s shares have already been …
According to a report in London’s Financial Times, American International Group, plans to announce the formation of an underwriting syndicate at Lloyd’s with an initial capitalization of $100 million ($140 million) which will begin operations next year. Although AIG has …
According to a report in The Boston Globe, Marlborough-based Eastern Casualty Insurance Co., Massachusetts’ third largest writer of workers’ compensation coverage, has informed its agents in the state that it will no longer accept new business, although it will continue …
The new bill (H.230), which establishes scheduling criteria for workers’ compensation claims, signed last Thursday by New Hampshire Governor Jeanne Shaheen, contained important amendments proposed by the American Insurance Association, limiting the definition of “brain injuries” and changing the legislation’s …
The ongoing controversy over policy cancellations and non-renewals of coverage for New York’s livery cab services took a new turn on Friday when Insurance Department Superintendent Gregory Serio ordered Sureco National Insurance Co. to renew more than 2000 policies. Sureco …
A Riverside, Calif., man was arrested and booked into Riverside County Jail on a pair of felony counts of insurance fraud and one misdemeanor count of leaving the scene of an accident. Investigators from the California Department of Insurance (CDI) …
Griffiths Insurance Agency and Suhr Risk Services of California Insurance Brokers have completed a merger agreement. Established in 1910, Griffiths Insurance Agency offers comprehensive insurance, risk management, and employee benefit services to organizations of all sizes. Services include risk identification …
