March 24, 2003
Premiums earned by the nation’s property and casualty insurers surged $27.8 billion, or 12 percent, during the first three quarters of 2002, to $258.7 billion from $230.9 billion during the same period in 2001, according to Weiss Ratings Inc. The …
March 24, 2003
Lloyd’s of London announced that Constance Curnow of Guy Carpenter and Gerald J. Sullivan of The Sullivan Group are the first brokers to win the Lloyd’s U.S. Broker Awards. The awards for U.S. Reinsurance Broker of the Year 2002 and …
March 24, 2003
State lawmakers around the country have been busy introducing a variety of bills aimed at the issue of mold, how it is addressed by society, and how it is covered by insurers’. “We are currently tracking nearly 30 bills under …
March 24, 2003
Our coverage of the California Commissioner’s recommendations to solve the workers’ comp market meltdown appears on page 24. My comments here only have context if you’ve read that article first. So, is Commissioner Garamendi the problem? Well, no he’s not …
March 24, 2003
InsuranceNoodle has signed an agreement with Safeco Insurance Corp. to distribute its small-commercial insurance products to more than 3,600 independent commercial agencies using the InsuranceNoodle platform. “By signing with Safeco, InsuranceNoodle has significantly increased the breadth and depth of our …
March 24, 2003
Insurers are offering terrorism coverage, but many buildings, businesses and other commercial interests across the United States are not buying the insurance because they do not consider themselves targets of terrorism, the cost is too high or both, according to …
March 24, 2003
PacifiCare Health Systems Inc. announced its subsidiary PacifiCare of Texas, without admitting any wrongdoing, entered into a binding memorandum of understanding (MOU) with the Texas Department of Insurance (TDI) and the Texas Attorney General (AG) to settle pending litigation and …
March 24, 2003
The American Insurance Association (AIA) praised the vote of the Florida House of Representatives giving final approval today to a comprehensive medical liability reform bill, saying that reform is a necessity if the state wants to encourage insurers to come …
March 24, 2003
The Alliance of American Insurers announced its strong opposition to legislation aimed at creating a new, state-run mutual insurance company for the purpose of writing workers compensation policies in Florida. “SB 1946 and HB 1655 would create yet another state …
March 24, 2003
The Professional Insurance Agents of New Jersey Inc. has issued a call for nominations for this year’s “Distinction of Professionalism” awards to be presented at the PIANJ’s Annual Business Conference June 8-10, 2003 at Bally’s Atlantic City. “These awards honor …