According to the National Association of Independent Insurers (NAII), companion bills severely restricting insurers’use of credit-based insurance scores have been introduced in the Washington State House and Senate. Gov. Gary Locke and Atty. Gen. Christine Gregoire have joined Insurance Commissioner …
The California Workers’ Compensation Institute has revealed new research to show that medical cost containment (MCC) expenses in California’s workers’ comp represented less than six percent of total medical payments between 1993 and 1999, despite the growing number of medical …
AMS Users’ Group recently unveiled plans for its National Conference, to be held March 21-24, 2002, at the Wyndam Anatole Hotel in Dallas, Texas. Scheduled for the four-day conference is a wide variety of education, exhibits and new opportunities for …
A survey released this week by the United States Chamber of Commerce assessing the fairness of liability systems for all 50 states found that 57 percent of corporate general counsels and senior litigators rank America’s state court liability system as …
Workers’ compensation, one of the insurance lines most acutely affected by the terrorism of 2001 and by the continued absence of government backstop insurance for terrorism events, is fast becoming a high-priced thorn in the side for U.S. companies seeking …
While rejecting federal regulation of insurance, specifically a proposal by Sen. Charles Schumer (D-N.Y.) calling for federal insurance charters, the Independent Insurance Agents of America (IIAA) this week adopted a new policy position that advocates the use of federal legislative …
On Jan. 24, the Independent Insurance Agents of America (IIAA) released the following statement: “Direct-marketing and consumer-lead-generation service provider ChoicePoint agreed to end data-mining of independent agency and broker insurance transactions following a Jan. 9 meeting with Independent Insurance Agents …
Michigan Governor John Engler recently signed legislation that provides confidentiality protection for insurers that conduct voluntary self-assessments of their compliance with state insurance laws. According to the National Association of Independent Insurers (NAII), Michigan is the fifth state to sign …
Bermuda-based Arch Capital Group Ltd. announced that it has named John D. Vollaro to the position of Executive VP and CFO, effective immediately. “Mr. Vollaro, age 57, held various positions over 26 years with W.R. Berkley Corporation, including President and …
Former Secretary of State Lawrence Eagleburger reportedly stormed out of a meeting with European insurers yesterday, and abruptly resigned his position as Chairman of the International Commission on Holocaust Era Insurance Claims (ICHEIC); however, after protracted discussions he was persuaded …
