Insurance Commissioner Carroll Fisher announced the release of the Oklahoma Insurance Department’s 95th Annual Report and Directory. The 200-plus page book contains a list of every insurance company licensed to do business in Oklahoma, along with lists of surplus lines …
Atlanta-based Digital Insurance Inc. signed agreements with five additional employee benefits brokers to handle the day-to-day service and sales of a portion of their small group benefits business. These new partners are Acordia, New York City; Brown & Brown, Naples, …
Allstate Insurance Company and the University of North Texas (UNT) announced the launch of a consumer education Web site, www.insuretexas.org, to help Texans learn about and compare the new homeowners policy forms approved for use in Texas. Allstate also said …
As rumors and speculation swirled about whether Farmers Insurance is planning to completely withdraw from the Texas homeowners market, the Texas Department of Insurance (TDI) proposed a resolution to its dispute with Farmers over the company’s business practices. Noting it …
First Commercial Mutual Company (FCMC), a workers’ compensation insurer based in Miami Lakes, Fla., converted from an assessable mutual insurer to a stock insurer and changed its name to First Commercial Insurance Company (FCIC). The company stated the change will …
Caryn Siebert, Seattle-based SAFECO’s vice president of claims, has been elected to the National Insurance Crime Bureau’s (NICB) Board of Governors. “SAFECO has always been a major player in the fight against insurance fraud,” Robert Bryant, president and CEO of …
ACE USA appointed James Macdonald to the position of chief underwriting officer. Macdonald will have overall management responsibility for the underwriting function for ACE USA and ACE Canada. Macdonald has more than 30 years of insurance industry experience and is …
Insurance markets for terrorism coverage remain troubled particularly for commercial property, workers’ compensation and group life markets, according to the National Association of Independent Insurers (NAII). Availability and affordability issues continue to exist. Although the markets are improving, the NAII …
Converium Reinsurance (North America) Inc., the New York-based unit of Swiss reinsurer Converium Group, announced several new appointments and changes to its organization. Paul Braithwaite, chief actuary and chief inderwriting officer for the unit’s accident and health business, is now …
Pennsylvania Governor Mark Schweiker urged the state General Assembly to pass medical malpractice reform, saying residents’ access to health care was being affected. Speaking at the Pennsylvania Chamber of Business and Industry’s annual dinner, the governor called for reducing or …
