The California Department of Insurance (CDI) is implementing Phase 7 of its Earthquake Retrofit Grant Program and including two central valley counties, San Joaquin and Stanislaus, to offer protection for valley homes from catastrophic earthquake damage. Seismic research conducted in …
Insurance Services Office, Inc. (ISO) has announced the availability of its authoritative guide on state insurance laws and regulations, State Filing Handbook & State Filing Forms, on ISOnetSM, ISO’s secure Internet information-delivery platform to the property/casualty industry. For nearly 20 …
Aon recently presented preliminary findings of a survey that reveals most CFOs have concerns about whether their risk management strategies support their companies’ business objectives. Conducted by CFO Research Services last Fall, the Aon-sponsored survey shows that many senior financial …
Two insurance companies are moving to revoke coverage for directors and officers of Enron Corp. in a federal bankruptcy court in New York because they charge the Houston energy trader misled them, according to the Washington Post. Royal Insurance Co. …
Illinois Director of Insurance Nat Shapo announced the release of the results of a survey on the use of consumers’ credit histories by the Illinois property and casualty insurance industry. In response to public concern about this practice, the survey …
Ohio Insurance Director Lee Covington filed a petition to intervene in a New Mexico lawsuit that, according to the Ohio Department of Insurance, could impose another state’s insurance laws and increased costs on Ohio insurance consumers. Covington filed the motion …
According to the National Association of Independent Insurers (NAII) political maneuvering is keeping alive a burdensome and counterproductive bill that would require Indiana insurers to obtain prior approval of credit-based insurance score forumulas and force a three-year review of credit …
Bowing to continuing pressure from shareholders, Zurich Financial Services (ZFS) Chairman and CEO Rolf Hueppi, has decided to resign the latter position, but will remain as head of the board. In a brief announcement ZFS said he planned to step …
A group of distinguished American and British Scientists has taken issue with the widely publicized findings of the Intergovernmental Panel on Climate Change (IPCC) concerning the effect of man’s activities, principally the production of “greenhouse gases,” on the world’s climate. …
The National Association of Independent Insurers has issued a bulletin which lists the status of legislation in various states concerning the use of “credit scoring” by insurers. A rundown of the Eastern region includes the following: Maryland – A bill …
