Seeking better coordination of insurance programs so that people on California and Mexican highways are protected, Insurance Commissioner John Garamendi announced Friday he will lead a delegation to Mexico on Monday to participate in trilateral negotiations with Mexican and Canadian …
Enron had a chief risk officer, so what went wrong? Learn firsthand from a group of experts representing the insurance, financial, consulting, and academic communities how to design, build, and manage an effective, value creating enterprise risk management (ERM) program …
Standard & Poor’s Rating Services said Friday that it affirmed its ratings on Willis Group Holdings Ltd., including the ‘BBB-‘ counterparty credit rating, and removed them from CreditWatch, where they had been placed on Oct. 21, 2004. Standard & Poor’s …
Roads and neighborhoods were flooded in northwest Florida near Pensacola as a violent storm crossed the north tier of the state continued down the Gulf coast north of Tampa. Starting early on Thursday morning and lasting until late that night, …
Minnesota Attorney General Mike Hatch and Willis Group Holdings Ltd. Chairman and CEO Joe Plumeri on Friday announced an agreement relating to Willis’ insurance brokerage practices. Under the agreement, Willis will make payments to its Minnesota clients of an additional …
The American Insurance Association applauded the passage of an insurance scoring measure in Montana. This bill will ensure consistent use of personal credit information by insurers, while maintaining a tool that enables insurers to accurately predict risk and appropriately price …
The American Insurance Association commended New Mexico Gov. Bill Richardson (D) for signing into law this week SB 560, the Personal Insurance Credit Information Act. The bill was passed by the legislature on March 19. “By signing this bill, Gov. …
High-tech entrepreneur Steve Poizner, who spent $6 million of his own money in an unsuccessful bid for the state Assembly last fall, withdrew his appointment April 6 from the Public Utilities Commission and instead announced he will run for insurance …
Legislation now working its way through the Florida House and Senate would require insurance companies to disclose discounts they offer for policyholders who make their homes more resistant to hurricane winds. At present, although insurance policies offer deductions of as …
Insurance Commissioner Julie Benafield Bowman announced new workers’ compensation rates, which will take effect July 1, 2005. “I am happy to see that overall rates in the workers’ compensation market continue to reflect a moderate decrease,” Commissioner Bowman said. “The …
