Independent Insurance Agents & Brokers of America (IIABA) CEO Robert Rusbuldt released a statement on Tuesday on recent developments in the debate over state insurance oversight: “IIABA does not dispute that the current state-based insurance regulatory system needs to be …
Workers’ compensation costs per claim in Pennsylvania continue to grow, according to a new study by the Workers Compensation Research Institute (WCRI). The study by the Cambridge, Mass-based WCRI found that costs per claim rose 8.5 percent per year on …
Mississippi Insurance Commissioner George Dale recently announced that more than $2.8 million was returned to Mississippi consumers during the past year by the Consumer Services Division of the Mississippi Department of Insurance. The money came from premium refunds and additional …
Although the Florida workers’ compensation market is still under stress, and the Florida Workers’ Compensation Joint Underwriting Association (FWCJUA) prepares to post hefty deficits, observers are confident that reform legislation passed last year will help improve the situation. “It took …
Nearly two in five privately held companies report that it is likely their directors and officers will be sued by shareholders, customers or vendors in 2004, according to a survey sponsored by the Chubb Group of Insurance Companies. Executives at …
GE Commercial Insurance announced the launch of a new insurance program created specifically for Masonic Associations. Thompkins & Company, a full-service, independent agency specializing in Masonic Associations, will underwrite the coverage for property, inland marine, crime, general liability, automobile and …
Charles N. Robinson announced the recent addition of Michael C. Robinson to Rogers & Gray Insurance Agency, Inc., as an account executive in their commercial lines department, working from the agency’s South Dennis office. Mixhael Robinson joined the agency last …
In a written letter to Assistant Commissioner Douglas A. Wheeler, the President of the Professional Insurance Agents of New Jersey Inc., John D’Agostino Jr., CIC, applauded the latest version of the Department of Banking and Insurance’s new rules regarding the …
The National Association of Mutual Insurance Companies has issued a bulletin applauding Governor Mitt Romney’s call for reform of the Massachusetts automobile market. In his State of the State address, the governor blamed the state’s regulatory system for the high …
Lloyd’s announced that Ashok Gupta, the current CEO of Kinnect, Lloyd’s IT interface solution to transfer data from systems used by brokers to those used by underwriters, is to leave the Lloyd’s Corporation after three years. His successor is Toby …
