Rhode Island Gov. Don Carcieri has nominated Christopher Koller, chief executive officer of an HMO that serves primarily Medicaid recipients, to serve as the state’s first health insurance commissioner. The General Assembly created the position last year amid its probe …
The New Hampshire state police chiefs’ association has switched sides in the debate over broadening New Hampshire’s seat-belt law. For the first time, the chiefs support making seat-belt use mandatory for all, not just those under 17. “Times change and …
Markel Corporation in Richmond, Va. announced that effective at its next annual meeting, May 23, 2005, Darrell D. Martin will hand over the role of chief financial officer while continuing on a reduced time basis to assist the company as …
The Insco Dico Group, a leading writer of surety bonds, has announced the acquisition of additional reinsurance capacity that will now allow them to accommodate portions of the larger subdivision bond programs held by national builders and developers. Currently a …
In the aftermath of the Southern California storms, flooding and mudslides that have already claimed at least 10 lives, insurers are urging residents to exercise caution in cleanup now that the storms are subsiding. “Besides extending our sympathy to the …
The Workers’ Compensation Insurance Rating Bureau of California has released its report insurance experience through Sept. 30, 2004. Highlights of the report include: California written premium (gross of deductible credits) reported for the first nine months of 2004 is $18.1 …
Willis Group Holdings announced the release of its annual review and forecast of insurance marketplace conditions, Marketplace Realities and Risk Management Solutions. Exploring the theme “A World of Risk”, the report provides in-depth analyses of marketplace segments and issues, with …
The tsunami waves have had a devastating impact on the fisheries sector in many countries of the Indian Ocean, the Food and Agriculture Organization of the United Nations (FAO) said Thursday. In Sri Lanka, more than 7,500 fishers have been …
The merger of QualSure Insurance Corp. with and into Sunshine State Insurance Company of Ponte Verde Beach, Fla. has been approved by the Florida Office of Insurance Regulation according to Bruce K. Howson, SSIC president and CEO. Howson said OIR …
A record year of natural disaster losses and Eliot Spitzer’s investigations into payment practices highlighted the urgent need for the insurance industry to tackle its reputation and practices during 2005, Lord Levene, Chairman of Lloyd’s, warned insurers today in Cambridge, …
