A consultant has drafted a plan for a medical malpractice liability fund that would attempt to reduce the rising premiums doctors pay for malpractice insurance in Wyoming. The plan was reviewed Oct. 25 by the Wyoming Healthcare Commission. It was …
Aon Corp. (www.aon.com) announced Wednesday the results of Aon Re’s third annual study of return on capital in the United States homeowners insurance marketplace. The results of the study reportedly reveal continuing improvement in expected return, although the line is …
Momentum is building for Nebraska to enact personal lines rate and form modernization in 2005, according to the Property Casualty Insurers Association of America (PCI). During 2004 the state legislature did not have time to complete work on a bill …
Guy Carpenter & Company Inc. has announced the introduction of the Reveal model, a refined exposure rating tool that helps to identify the drivers of costly excess losses within workers’ compensation portfolios. In recent years, the costs associated with the …
Harvey R. Pierce, chairman and chief executive officer of the American Family Insurance Group was elected chairman of the Property Casualty Insurers Association of America (PCI) at its annual meeting today. Pierce began his career with American Family in 1963 …
Association of California Insurance Companies (ACIC) President Sam Sorich issued the following statement this week regarding the California Department of Insurance report on the Southern California wildfires of 2003: “The Association of California Insurance Companies (ACIC) believes it is important …
After Hurricane Frances ripped open the roof of Lisa and Glenn Perrone’s St. Lucie County home, an insurance adjuster told the Perrones they were on the hook for an $8,315 deductible. And after Hurricane Jeanne dumped rain through the Perrones’ …
Fireman’s Fund Insurance Company, on behalf of its various subsidiary companies, has reportedly rescinded its decision to withdraw from the Massachusetts personal automobile insurance market. “Over the past month, we conducted an examination of the Commonwealth Automobile Insurance reform proposals …
The Greater Dallas Chapter of the Muscular Dystrophy Association (MDA) will host its sixth annual celebrity waiters’ dinner, 7 UP “Serving Up a Cure”, 6:30 p.m., Nov. 13, at the Dallas Infomart, and area insurance professionals have stepped up to …
AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group, announced the creation of a Department of Loss Prevention to minimize high net worth policyholders’ exposure to preventable losses such as water damage …
