The West Virginia House of Delegates passed Senate Bill 414 on Friday prohibiting third-party bad-faith lawsuits against insurance companies. SB 414 is part of Gov. Joe Manchin’s insurance and tort reform proposals, it will now have to go back to …
A special “Technology Solutions Road Show” especially designed for insurance company owners and managers will be sponsored by PC Direct Inc. on April 26 and 28 in Raleigh and Charlotte, N.C. “PC Direct is presenting a half-day event in two …
Representatives of more than 150 Strategic Independent Agents Alliance’s Master Agency, Strategic Partner Companies and vendors will attend the April 13-15 semi-annual business meeting at the Marriott World Center in Orlando, Fla. The highlight of this exclusive meeting for members …
Two of Bermuda’s leading reinsurance companies – RenaissanceRe Holdings Ltd. and PartnerRe Ltd. – have acknowledged that they have received subpoenas from both the U.S. Securities and Exchange Commission and the Office of the Attorney General for the State of …
At a meeting on April 8, 2005, chaired by Giuseppe Vita, the Board of Directors of Italian insurer Riunione Adriatica di Sicurta (RAS) officially accepted the resignation of Mario Greco and named Paolo Vagnone to replace him. The Board then …
A.M. Best Co. announced that it has affirmed the financial strength ratings of “B+” (Very Good) of Inter-Industry Insurance Company Limited (III) and its wholly owned subsidiary, Insurco Ltd. (Insurco). Both companies are domiciled on the Isle of Man. Best …
Arizona’s House on April 7 gave preliminary approval to a medical malpractice bill after defeating an amendment that would have repealed some of its provisions if doctors’ insurance premiums rose above a certain level. Formal House passage would return the …
Nevada Gov. Kenny Guinn exercised his veto powers April 7 – for the first time this session – by killing a bill to increase fees paid by insurers to cover costs of two new staffers in a state office that …
Hawaii residents could face lower car insurance rates if a proposed law requiring graduated licenses for teenagers is successful in bringing down the number of accidents among young drivers. Members of the Senate Judiciary and Hawaiian Affairs Committee passed an …
A Fullerton insurance claims adjuster and two accomplices were arrested April 8 by California Department of Insurance Fraud Investigators for their alleged participation in an auto insurance fraud scheme. According to Investigators, Leonardo Davinci Hines was employed by Robert Moreno …
