Brown & Riding Insurance Services announced the opening of new offices in Woodland Hills, California, the firm’s third office location. The new office, located in the San Fernando Valley northwest of downtown Los Angeles, allows the rapidly growing firm to …
Philadelphia Insurance Companies has finalized an agreement with Fireman’s Fund Insurance Company to purchase the renewal rights on Fireman’s Fund’s non-profit D&O book of business. The agreement is effective Monday, Nov. 15. The book of non-profit D&O covers 8,000 accounts …
The Workers’ Compensation Insurance Rating Bureau has completed its report summarizing insurer loss and premium experience through June 30, 2004. Please click here to view the report. The report stated the following conclusions: • Written premium (gross of deductible credits) …
Idaho Gov. Dirk Kempthorne’s selection to lead the Idaho Department of Insurance is no stranger to state government, public service and private sector leadership. Gary Smith, a long-time senior aide to Gov. Kempthorne, was named as the new director of …
After narrowly losing in the Nov. 2 election, Oregon doctors who pushed for a cap on jury awards in malpractice lawsuits are preparing to take their fight to another arena: the 2005 Legislature. The physicians won’t seek another limit like …
Philadelphia-based PMA Capital Corp. announced that A.M. Best has restored the A- (“Excellent”) rating with a stable outlook to The PMA Insurance Group. The announcement completes a one-year period during which PMA Capital stabilized its financial results, protected its primary …
AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the beginning of a national roll-out that adds flood coverage to eligible homeowners policies.(a) The first states in which the …
A California-based company that brokers life, accident and disability policies for leading U.S. companies pocketed millions of dollars a year in hidden payments from insurers and from charges on clients’ unsuspecting workers, New York Attorney General Eliot Spitzer charged Friday. …
The U.S. Securities and Exchange Commission has opened a new front in the widening investigation of insurance brokerage fees, launching a probe of Hartford Life, a unit of the Hartford Financial Services Group Inc. The Hartford announced the investigation in …
The Massachusetts attorney general’s office is scrutinizing the practice of health insurers offering lucrative commissions to brokers who are supposed to lock in the best deals for employers. Insurers have for years paid cash bonuses, sometimes valued in the hundreds …
