The U.S. Department of Justice has reached a settlement that will require captive insurer Professional Consultants Insurance Company Inc. and its actuarial consulting firm members to stop sharing certain information on the use of contractual limitations of liability in their …
One of the seven workers’ compensation self-insured groups doing business in Kentucky has been ordered to provide a $6.5 million letter of credit to the Kentucky Office of Insurance (KOI) to serve as additional security for payments of the fund’s …
Rep. Allan G. Bense, (R-Panama City) Speaker of the Florida House of Representatives, and one of the most influential political figures in Florida, congratulated insurance companies, agents and claims personnel for their performance after last year’s hurricane season in a …
Philadelphia Insurance Companies has been named the official insurance sponsor of the 2005 City of Philadelphia Triathlon on June 26, 2005. Registration for the event closed with 1,250 athletes signed up for the Olympic-distance triathlon (1.5 km swim/40 km bike/10 …
When this year’s wildfires rage across California, will a home insurance policy be enough to pay to repair or rebuild a damaged house? Maybe … but maybe not. Yet some California homeowners are less concerned today than their neighbors, thanks …
Among the many highlights of the Independent Insurance Agents of Texas’ 108th IIAT Conference and Trade Show, held recently in Austin, were the installation of Randy Reynolds, managing partner of Texas Associates Insurors, Austin, as president of IIAT for 2005-2006, …
American International Group Inc. (AIG) announced that its subsidiary, American International Underwriters Insurance Company (AIUI), has been notified that it will receive a license from the government of Vietnam to operate a wholly owned general insurance company in Vietnam. Vietnam’s …
Sheboygan, Wis.-based ACUITY welcomes Dan Gluch as its newest sales territory manager. Gluch will handle the insurer’s northwestern Wisconsin territory. A native of Loyal, Wis., Gluch began his insurance career as a personal lines underwriter for economy fire and casualty. …
A transition team composed of Texas Department of Insurance and Texas Workers’ Compensation Commission staff has begun planning implementation of the organizational and policy changes to the Texas workers’ compensation system enacted in House Bill 7. TDI announced it is …
A compromise worked out by a Rhode Island state Senate committee would push implementation of the state’s new lead paint law back to Nov. 1. The Committee on Health and Human Services this week approved the plan to delay the …
