Risk Management Solutions Inc. (RMS), a provider of products and services for catastrophe risk management, announced the release of an in-depth study of potential costs to the U.S. insurance industry from a recurrence of the Tornado Super Outbreak of April …
Ken Mehlman, Bush-Cheney re-election campaign manager and political expert, will speak to young agents at the Independent Insurance Agents & Brokers of America’s annual National Legislative Conference, Young Agent-InsurPac Luncheon on April 21. The National Legislative Conference is the industry’s …
Jim Henderson, president and COO of Brown & Brown Inc. and Frank See, president of Brown & Brown Re Inc., announced that James Kilduff has joined Brown & Brown Re and will be responsible for the company’s new Florida operation …
As the 2004 Maryland legislative session draws to a close, a myriad of property/casualty insurance bills reportedly benefiting consumers in providing disaster relief and fair underwriting and rating practices are advancing. The legislature is scheduled to adjourn April 12. Much …
Following the announcement of the completion of the sale of Sierra Insurance Group (SIG) by Sierra Health Services, Inc. (SIE) to Folksamerica Holdings Company Inc., Fitch has affirmed SIG’s insurer financial strength (IFS)rating of ‘BBB-‘ and simultaneously withdraws the rating …
Tennessee Insurance Commissioner Paula Flowers has issued a new bulletin cautioning that Tennessee insurers must notify their policyholders about rate or rate factor increases on Commercial Risk policies. The Department of Commerce and Insurance has become aware that some companies …
Georgia Insurance Commissioner John Oxendine announced the launch of a public service announcement (PSA) that will inform consumers of the dangers of purchasing insurance policies from unauthorized companies. “These bogus insurance companies sell policies that hold no value and pay …
Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda Watters said that two insurance companies that failed to submit information requested through an auto insurance data call by March 15, 2004 now face compliance penalties that could include a …
The Montana State Fund Board authorized a dividend payment to qualifying policyholders. At their March 26 meeting, the Board approved a $2 million dividend distribution. This will be the sixth consecutive year MSF has rewarded customers with superior safety records. …
Florida Attorney General Charlie Crist and Kissimmee Police Chief Mark Weimer announced the arrests of four individuals following an investigation into an identity theft ring. Michael Townsend and Gregory Gaffney, both of Kissimmee, Karen Looney of Davenport and Eugenia Kennedy …
