Subsidies to 30,000 doctors and health care providers who pay into a state-run program that provides catastrophic medical malpractice insurance would be extended for one more year under a bill passed unanimously by Pennsylvania’s legislature. The bill, which passed 47-0 …
Oklahoma’s State Board for Property and Casualty Rates announced its approval of NCCI’s Item B-1393—Miscellaneous Values for Domestic Terrorism, Earthquakes, and Catastrophic Industrial Accidents. The purpose of this item is to produce catastrophe provisions, by state, to address losses resulting …
The Texas Surplus Lines Association Inc. announced the election of new officers and directors for the coming year at it’s 48th Annual Meeting held Nov. 15, 2004, at the Four Seasons Hotel in Austin, Texas. The new officers include: President …
A software maker is urging insurance agencies to stop using a cost-calculator that critics say resulted in inadequate coverage for many people who lost their homes in the Southern California wildfires last fall. Marshall & Swift/Boeckh LLC said its Quick …
Fireman’s Fund Insurance Company (FFIC) fulfilled a $1 million pledge to the firefighting community in San Diego County for equipment, fire prevention tools, firefighter training and community fire safety education. During a lunchtime ceremony, the company awarded 15 grants, totaling …
Greg T. Crouse, president of San Francisco-based Crouse and Associates recently announced they are offering a new residential wrap up market for California contractors. According to Crouse, “This is a quality product from a quality carrier. We’re pleased to be …
Six residents in Peeks Creek, N.C. where four people died in a Hurricane Ivan-triggered landslide have hired lawyers to represent them after being denied insurance claims. Fifteen houses were damaged or destroyed in Peeks Creek the night of Sept. 16, …
Standard & Poor’s Ratings Services has affirmed its ‘BBB-‘ counterparty credit rating on CNA Financial Corp. (NYSE:CNA) and its ‘A-‘ counterparty credit and financial strength ratings on CNA’s insurance affiliates (except for Continental Assurance Co., which is rated ‘BBB+’). The …
The Texas Workers’ Compensation Commission announced it has named Robert L. “Bob” Shipe as executive director of the Commission. “The Commissioners and I are pleased with the agency’s direction and wanted to show our support of Bob’s leadership,” said Mike …
Hilb Rogal & Hobbs Company (NYSE:HRH ), the eighth largest insurance and risk management intermediary, has signed a definitive agreement to acquire the stock of Smith, Bell & Thompson, Inc., a Vermont-based managing general underwriter (MGU) with 2003 revenue of …
