The recent announcement by the U.K. Government revealing a new strategy for flood management provides “a welcome step towards ensuring that the increasing flood risk is effectively managed,” said the Association of British Insurers (ABI). The “announcements show that the …
The Property Casualty Insurers Association of America has announced the addition of William “Bill” Fritts to serve as executive vice president, responsible for oversight and coordination of PCI’s federal and state political advocacy and public affairs efforts, and Tom Litjen …
The National Association of Mutual Insurance Companies (NAMIC) said it has sent a letter to NAIC President Diane Koken, who also serves as chair of the executive task force on broker activities, to reaffirm its view of the NAIC’s Compensation …
Nuveen Investments, Inc. and The St. Paul Travelers Companies, Inc. announced that St. Paul Travelers is implementing a program to sell its equity interest in Nuveen Investments. The objective of the transactions is for St. Paul Travelers to sell its …
Main Source Insurance Group Inc. has sold its Owensboro, Ky. Operation to The Anderson Group and spun off its insurance operations in two states into a new subsidiary. The Anderson Group is an Owensboro agency that offers insurance and financial …
Mississippi House Bill 722, a measure to increase motorists’ liability insurance coverage from $5,000 to $25,000 has been send by the House to Governor Haley Barbour for his signature. “It’s just asking the public to have something that will cover …
John Rowland has had some prestigious titles in his Connecticut career: state representative, congressman, governor, even insurance agent. Last Friday, he got a new one: federal inmate No. 15623-014. And unlike the other titles, he’ll keep this one for life. …
An insurance fraud scheme that continued for 10 years and left a trail 60 arsons across southern West Virginia, including burned mobile homes, buildings and automobiles, has netted a Logan County, W.Va. woman 15 years in prison and her husband …
Standard insurance policies, standard rating territories and lowering the cap from $4.5 million to $4 million on the amount of insured losses that a company has to sustain before drawing money from the Catastrophe Fund are all provisions in two …
New Hampshire Gov. John Lynch’s plan to help small businesses facing stiff health insurance costs passed its first hurdle last week in the Senate. The new plan steps back from reforms enacted just over a year ago under Senate Bill …
