A National Association of Insurance Commissioners report comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an improvement over the ninth-lowest …
Florida’s Insurance Office of America (IOA) was recently ranked the nation’s 24th largest privately held insurance agency by Hale’s Report (August, 2004). As the third fastest growing agency in the country, IOA reportedly attributes its steady double-digit growth since its …
Residents and business owners in 28 disaster-declared South Carolina counties who sustained damage from multiple storms from Sept. 6 to Oct. 11, 2004, have until Dec. 6 to apply for disaster recovery assistance. Loan applications to the U.S. Small Business …
Mississippi’s largest insurer, State Farm, has eased its homeowner’s growth restrictions in the state. According to Commissioner of Insurance George Dale, this announcement demonstrates the company’s commitment to Mississippi. State Farm’s decision to ease growth restrictions does not take into …
North Carolina Insurance Commissioner Jim Long announced a voluntary settlement agreement between the North Carolina Department of Insurance (NCDOI) and two companies, United Healthcare of North Carolina Inc. (an HMO) and United HealthCare Insurance Company. The settlement comes after NCDOI …
Several southeast states, including Florida, Alabama and North Carolina are trying to ferret out brokerages and other firms engaged in bid rigging, price-fixing and anti-trust activities. They are eyeing commercial group accounts; property and casualty insurance transactions; life and health …
More money is needed to hire investigators and prosecutors to fight insurance fraud in South Carolina according to Attorney General Henry McMaster. “We are not short on talent. We are not short on determination, we are short on money.” McMaster …
In four states, Florida, Nevada, Oregon and Wyoming, pre-election battles raged between doctors, who claimed that America’s liability system is broken and should be repaired by placing caps on malpractice lawsuits, and trial lawyers against limiting damage awards and attorney …
With the latest insurance-industry market conduct problem, consumers once again see not only the failure of state insurance regulation to protect them but the refusal of state insurance regulators to take responsibility for their failure. The latest actions by state …
Craig Streem Aon Corp., the world’s No. 2 insurance broker, has named Craig A. Streem to the position of vice president and head of investor relations. Streem was most recently vice president of corporate relations and communications for Household International, …
