March 4, 2005
New York Attorney General Eliot Spitzer and Acting New York State Insurance Superintendent Howard Mills, together with Connecticut Attorney General Richard Blumenthal, Illinois Attorney General Lisa Madigan and Illinois Acting Director of Insurance Deirdre Manna, today announced an agreement with …
March 4, 2005
Rhode Island Workers’ Compensation Court Judge Bruce Q. Morin has ordered the owners of the West Warwick nightclub The Station to pay lost wages and funeral expenses to the families of four employees who were among the 100 who died …
March 4, 2005
With the Terrorism Risk Insurance Act expiring at the end of this year, the National Conference of Insurance Legislators Task Force on Terrorism agreed during meetings in Hilton Head, S.C. to resurrect a resolution proposed last year urging congressmen not …
March 4, 2005
GRAND RAPIDS, Mich.—The vote by the Michigan Legislature’s Joint Committee on Administrative Rules to file a notice of objection to Democratic Gov. Jennifer Granholm’s rule banning the use of credit scores in underwriting was perhaps symbolic of where the Wolverine …
March 3, 2005
Seattle, WA: MULTICO Rating Systems Incorporated and IBQ Systems LLC announced today the settlement of a legal dispute between the two companies. IBQ has agreed to pay MULTICO an undisclosed sum to close the matter. Officials at both companies declined …
March 3, 2005
London: JLT Risk Solutions Ltd and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc (JLT.LN) said today insurance capacity has been secured within the Lloyd’s of London market to provide new insurance protection for two of the …
March 3, 2005
On Thursday morning, Florida’s Chief Financial Officer Tom Gallagher held a news conference and expressed his desire to meet “eyeball-to-eyeball” with the heads of insurance companies to discuss open hurricane claims. Five insurance companies were named including Vanguard Fire & …
March 3, 2005
Liberty Mutual has now received regulator approval to set up captives in the United States through its Vermont-based Liberty Mutual Management LLC office. Liberty Sponsored Insurance (Vermont) Inc. will serve as a rent-a-captive facility for businesses seeking an alternative to …
March 3, 2005
The National Alliance Research Academy will once again be conducting its Growth and Performance averages will be provided, as well as high- performance standards for agencies in the top 25 percent of their class. In the same way a GPS …
March 3, 2005
Plymouth Rock Assurance Corporation, a Boston-based auto insurer, has appointed Daniel J. Reardon as marketing supervisor for Connecticut. The compay has also appointed Michael J. Scafidi as senior marketing representative in nortern Massachusetts. In his new assignment, Reardon will report …