As Senate Majority Leader Bill Frist (R-Tenn.) announced his intention to make class action reform legislation an immediate priority for the 109th Congress this week, the Property Casualty Insurers Association of America released a statement reiterating the need for reform …
Delaware Democratic Gov. Ruth Ann Minner outlined her agenda for the coming year in the first state of the state address of her second term. Her agenda includes lowering workers’ compensation costs and improving health insurance access. In her speech …
As some had predicted, health insurers in Maryland plan to raise their rates to cover a newly enacted two percent tax on HMO premiums. The tax was a focal point of a bitter battle between Gov. Robert Ehrlich and state …
The Alabama Veterans of Foreign Wars will receive a reimbursement of $42,000, which will be distributed to VFW posts statewide, due to a lawsuit settlement with the Alabama Insurance Commission. The Limestone County VFW Post 4765 will receive $1,200 as …
Los Angeles-based Swett & Crawford has named John Fosdick manager of is office in Irvine, Calif. He began his career in the insurance industry with Alexander Howden Limited as a Lloyds broker in its construction division. Two years later he …
Woodruff-Sawyer announced that Ron Packouz has joined their firm as Senior Vice President, heading their new Southern California operation. Most recently, Packouz was Senior Vice President for Marsh in Los Angeles, where he headed their Industry Practices, and played a …
Louisville, Ky.-based Neace Lukens Insurance has acquired Integrity Insurance Agency, a Lexington, Ky.-based agency that specializes in employee benefits. The acquisition is effective immediately and according to Douglas A. Stough, Neace Lukens president, will expand the company’s reach into the …
Bermuda-based PartnerRe Ltd. announced that claims relating to its exposure to Windstorm Erwin, which hit Northern Europe in early January, are expected to be between $50-$60 million. Windstorm Erwin battered Northern Europe from Ireland to Russia over the weekend of …
On Tuesday, Colorado legislators “wisely” defeated a proposal to ban the use of credit-based insurance scores (SB 5), according to the American Insurance Association (AIA). “The Senate Business and Commerce Committee carefully weighed the merits of this very predictive tool, …
First Acceptance Corporation, a provider of non-standard personal automobile insurance, announced it has acquired the assets of San Marcos, Texas-based HCS Claims Service Inc. dba Heritage Claims Services Inc., and LGNP Enterprises Inc. dba America’s Low Cost Insurance Agencies. Under …
