Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of State Farm Fire and Casualty Company for an overall statewide average increase of 28.8 percent for rental condominium unitowners insurance, affecting approximately 2,050 Nevada policyholders. State Farm’s projections indicated …
Calling the ongoing escalation in medical malpractice insurance rates “a threat to doctors and their patients,” Ohio Governor Bob Taft on Monday signed House Bill 282 authorizing establishment of a new Medical Liability Underwriting Association. Taft also called for additional …
Standard & Poor’s has lowered its counterparty credit and financial strength ratings on the members of Alabama-based Alfa Insurance Group (Alfa) to ‘AA-‘ from ‘AA’. Standard & Poor’s also said that it affirmed its ‘A-1+’ commercial paper rating on Alfa …
The American Insurance Marketing and Sales (AIMS) Society, a national organization dedicated to providing sales training, networking and marketing innovation to insurance professionals, announced the addition of four members to the Board of Directors. Elected at the AIMS Society’s recent …
Former Pittsburgh Steelers and Hall of Fame quarterback Terry Bradshaw will be the keynote speaker for the Independent Insurance Agents & Brokers of America’s (IIABA) upcoming Big “I” Convention in Orlando, Fla. this October. With his considerable insight and characteristic …
ADP Employer Services, a provider of integrated outsourced payroll and human resources services, has released its seventh annual Hiring Index, a yearly evaluation of hiring trends and issues. Compared to last year’s index, the number of full background checks performed …
St. Paul Travelers has introduced an enhanced version of Global Companion, an international commercial property and general liability product designed to help protect U.S.-based companies from the risks associated with conducting business overseas. U.S.-based companies with international operations face a …
The BMW Car Club of America (BMW CCA) Foundation has announced a partnership with Liberty Mutual Group and BMW dealers throughout the U.S. designed to save the lives of teen drivers. Through the BMW CCA Foundation’s Street Survival safe teen …
GE Global Asset Protection Services (GE GAP Services) announced the launch of a new tool to help risk managers get the most from their loss prevention dollars. Recommendation Response reportedly helps risk managers easily prioritize and communicate their recommendations to …
Torrance, Calif.-based ePolicy Solutions Inc., a provider of Web-based policy administration solutions that can reduce expenses and improve customer service, announced that Geoff Smith, CPCU, has been elected to its board of directors, and that William S. “Billy” McCarter has …
