John Fogerty once sang, “I ain’t no fortunate son.” As the son of an independent insurance agent who forced me to work in the office while I was growing up, I can relate to the sentiment. Wisconsin Insurance Commissioner Jose …
Gregory Case Chicago-based brokerage giant Aon Corp. elected Gregory Case its new president and CEO and has added him to its board of directors. Case succeeds Patrick Ryan, who has served as Aon’s CEO since the company’s founding. Ryan will …
An interesting confluence of recent events in Missouri very well illustrates the fickle nature of politicians when it comes to the regulation of insurance. First came a week of ceremonies in which brand new Republican Gov. Matt Blunt signed into …
There probably are few American small business owners who could correctly identify the federal group whose primary job is to keep the president of the United States updated on the activities of government such as management, spending, interagency cooperation and …
Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced a five-part plan to address medical malpractice insurance rates: A high-profile recruitment team to reach out to different insurance companies to encourage them …
Delaware Insurance Commissioner Matt Denn has initiated several policy changes in the way auto insurance fraud cases are handled. He said that hearings for auto insurance fraud will now take place in public. Fines for persons found to have committed …
Liberty Mutual Group has joined a group of insurers opposing the acquisition of ACE American Reinsurance Company by Randall & Quilter Investment Holdings Ltd. Boston-based Liberty Mutual has requested that the Pennsylvania Insurance Department conduct a thorough investigation of the …
The Pennsylvania Insurance Department has approved a 2.89 percent average rate reduction for workers’ compensation premiums, saving employers an additional $32.5 million in premiums this year. “Pennsylvania has a very competitive marketplace for workers’ compensation insurance due, in large part, …
MetLife Inc. agreed to sell its Manhattan building above Grand Central Station, formerly called the Pan Am building, for $1.72 billion, its second major real-estate deal in weeks. The sale to Tishman Speyer Properties LP is expected to result in …
The New York Court of Appeals has upheld the right of an insurance company to refuse to reimburse fraudulently incorporated medical providers for no-fault auto insurance claims even when the medical care provided is appropriate. The defendant medical providers argued …
