Jim Long A “demand to produce information” has been issued by the North Carolina Department of Insurance in an effort to closely scrutinize the records and practices of more than 5,000 insurance companies and brokers licensed by the state. Insurance …
Moraga, Calif.-based Insurance Industry Charitable Fund announced the addition of Bonnie Delehoy as vice president of development and partner relations. In this new full-time position, Delehoy will be responsible for nurturing and growing existing relationships and focus on implementing creative …
The St. Paul Travelers Cos. Inc. (NYSE:STA) has reported net income of $340 million for the third quarter ended Sept. 30, 2004, or $0.51 per basic share and $0.50 per diluted share, compared to $426 million, or $0.98 per basic …
Four individuals from a Highland, California business called Team Drywall were taken into custody last week in a $290,466 workers’ compensation premium fraud case that was investigated by the California Department of Insurance Fraud Division (CDI). Co-owners Dave Snodgrass, 47, …
Results from 2004’s first nine months indicate Missouri should post its lowest rate of premium increases for workers’ compensation insurance since 2000, according to Department of Insurance Director Scott Lakin. With 206 insurers filing rate changes for 2004, overall market …
The Texas Department of Insurance (TDI) has scheduled a number of public hearings in November 2004 that may be of interest to property and casualty insurance professionals. On Nov. 2 at 10:00 a.m., Docket No. 2602, concerning approval of the …
Senate President Thomas V. Mike Miller this week blasted Gov. Robert Ehrlich’s latest medical malpractice plan as “a work of fiction” and “a completely different bill” from the one he, the governor and House speaker agreed to at a meeting …
A retired federal judge will oversee state Senate President Richard J. Codey’s insurance agency during the Essex County Democrat’s tenure as acting governor. Codey signed a blind trust agreement on Oct. 14 that names Nicholas H. Politan sole trustee of …
Since 1999, group insurance product lines produced greater returns on surplus than the comparable individual lines with very few exceptions, according to a new study by Conning Research and Consulting, Inc. out of Hartford, Conn. In a five-year period where …
Northeast Financial Services, Co., Auburn, Maine, a subsidiary of Northeast Bank, recently agreed to acquire Sargent Insurance Agency of Rangeley, Maine. The expanded insurance agency will be known as Northeast Financial Services, Co. with Craig Sargent managing the entire division. …
