April 26, 2005
The Property Casualty Insurers Association of American (PCI) on Tuesday commended Arizona Gov. Janet Napolitano for signing into law legislation that will allow business owners an opportunity to lower their insurance costs. “This bill, HB 2192, will give businesses a …
April 26, 2005
The failure of four bills introduced during the Washington State legislative session that would have banned or added further restrictions to the use of credit-based insurance scoring as an underwriting tool may send the message that the regulatory environment has …
April 26, 2005
The Louisiana Department of Insurance reported it has ordered an insurance company and the association that sponsors it to cease all participation in the alleged writing of unauthorized insurance coverage in Louisiana. North American Marine General Insurance Company of Panama …
April 26, 2005
Vaughn McKoy, director, New Jersey Division of Criminal Justice and Insurance Fraud Prosecutor Greta Gooden-Brown have issued an alert asking Cumberland County residents who may have purchased insurance through the Millville-based Bates General Insurance Agency in 2003 and 2004 to …
April 26, 2005
Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $39.3 million, or $1.65 per share, for the first quarter of 2005 compared to net income of $25.1 million, or $1.09 per share, for the first quarter of 2004. …
April 26, 2005
A group of leading U.S. property/casualty and life insurance and reinsurance companies have reportedly endorsed the efforts of the International Association of Insurance Supervisors (IAIS) to develop high quality disclosure standards, including standards related to investment performance and risk assessment. …
April 26, 2005
Illinois-based Arthur J. Gallagher & Co. has reported its financial results for the quarter ended March 31, 2005. “Gallagher continues to do what it does best even in these challenging times — solve our clients’ risk management problems,” said J. …
April 26, 2005
New Jersey-based Selective Insurance Group Inc. reported its financial results for the first quarter ended March 31, 2005. Compared with the first quarter of 2004: – Net income increased 31%, to $36.1 million, or $1.15 per diluted share; – Operating …
April 26, 2005
A San Diego chiropractor — who was charged with billing State Compensation Insurance Fund for treatment that was not rendered to injured workers and over billed for services — was ordered to surrender her license for 18 months and placed …
April 26, 2005
State Farm Insurance has announced that as of May 1 it will begin accepting applications from West Virginia homeowners and businesses for new insurance policies. The company is the largest property and casualty insurer in West Virginia and in the …