Newly-elected president of the Professional Insurance Agents of New Jersey Inc., John D’Agostino Jr., CIC, said that the enactment of the state’s auto insurance reform bill and agency ownership law were victories for the association and small business owners throughout …
The American Insurance Association praised the actions of The New Hampshire state legislature in approving a bill (HB 460) that adds terrorism as an exclusion under the state’s standard fire policy (SFP), which the AIA had supported. “This change will …
Pennsylvania isn’t the only state having problems with medical malpractice claims. According to the results of a new survey of Long Island physicians, conducted by The New York Medical Staff Leadership Council, malpractice lawsuits are “at epidemic levels” causing a …
Pennsylvania Senate Majority Whip Jeffrey Piccola (R-15) issued a statement applauding the State’s House of Representatives “for their recent and much-needed passage of legislation to amend Pennsylvania’s constitution to allow for limitations on non-economic damages including medical malpractice cases (pain …
Boston-based catastrophe and weather risk modeler AIR Worldwide Corp. announced the latest release of CLASIC/2(TM), it’s interactive desktop system for the assessment and management of catastrophe risk. “The 2003 release includes the latest scientific enhancements to AIR’s U.S. tropical cyclone …
The Royal Bank of Scotland (RBS) and Winterthur, the insurance arm of the Credit Suisse Group (CSG), have concluded a deal for RBS to acquire Churchill Insurance, CSG’s principle U.K. general insurance division, for £1.1 billion ($1.817 billion). The acquisition …
California Department of Insurance (CDI) Fraud Investigators announced arrest warrants have been issued for 10 people suspected of staging automobile accidents. Five of the suspects have been arrested and five are still outstanding. All will be prosecuted by the Sutter …
Dan C. Chick has joined the Personal Insurance Federation of California (PIFC) as senior legislative advocate. Chick is a former legislative policy analyst and consultant in the California State Senate. He began his career as a campaign consultant in 1992. …
If enacted, a bill passed Tuesday night by the Pennsylvania House would reportedly lead to sweeping changes to the state’s civil justice system, according to the Alliance of American Insurers (AAI). The bill (HB 1326), which passed the House by …
Insurance executives reportedly believe that technology is critical to compete successfully, but their current systems are not helping enough. This is one of several findings uncovered by a new study conducted by the Robert E. Nolan Company, a consulting firm …
