Hoping to stem the tide of doctors fleeing the nation’s capital for the suburbs, home of cheaper malpractice insurance, the city government is stepping in. The District of Columbia Council is expected to consider legislation later this year on how …
Time has run out for workers’ compensation reform in the state’s legislature, according to Oklahoma Lt. Gov. Mary Fallin, who says a special session will be need to work on the issue. Fallin and Senate Republican leaders announced they were …
Commerce Insurance Services, a wholly owned subsidiary of Commerce Bancorp based in Cherry Hill, N.J., has unveiled a new Visa Extras rewards program for its personal insurance customers in New Jersey. Customers will receive 2,000 bonus points for each new …
With many people preparing for summer vacation-some to exotic locations far from home-Florida’s Chief Financial Officer Tom Gallagher is advising consumers to consider options for ensuring their trips don’t get rained out. Floridians can purchase insurance policies to protect their …
The long-time accounting firm for American International Group, PricewaterhouseCoopers LLP, reportedly ignored warnings from the audit committee for the AIG board of directors when that panel said in 2001 and 2002 that it could not vouch for the insurer’s accounting …
The Kentucky Office of Insurance is sponsoring town forums throughout the state in July. The sessions will include a three-hour continuing education class on ethics for insurance agents. In addition, consumers are invited to stop by the various locations to …
Ohio Attorney General Jim Petro has filed suit against former American International Group Inc. CEO Maurice R. “Hank” Greenberg and his wife, Corinne P. Greenberg, in order to put a hold on the transfer of more than 41 million shares …
A state worker who was assigned to process Federal Emergency Management Agency claims, and who was indicted in Miami in 1998 for planning to steal nearly $48,000 in bogus hurricane claims, has been returned from Panama to the United States …
Bermuda-based Aspen Insurance Holdings Limited announced that the Company’s Board of Directors has appointed David B. Kelso to the Board in a non-executive capacity. He was also appointed to the Audit and Investment Committees of the Board. “Kelso is the …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Hong Kong-based HSBC Insurance (Asia) Limited with a stable outlook. “The rating reflects HSBC Insurance’s prudent capitalization, strong distribution capabilities, superior operating performance and …
