General Casualty Insurance Companies recently introduced enhanced commercial coverages and capacity and became a market for additional manufacturing lines of business. The Sun Prairie, Wisconsin-based property and casualty insurer is now looking to write accounts with property values up to …
North Carolina legislators have taken final action on a limited package of workers’ compensation reforms (H. 99), assigning the more contentious and costly issues to an interim legislative study committee, according to the American Insurance Association. “Political realities required legislators …
Insurers may now reportedly save time by submitting new appointments and terminations for current Washington OIC agents through the National Insurance Producer Registry (NIPR) Gateway. To learn how NIPR works and to review the rules for submitting information to the …
The South Carolina Second Injury Fund for workers’ compensation has approved a record-breaking 98 percent annual increase in the Fund’s 2005 assessment charged to employers, another indication that repeal of the fund is long overdue, according to the American Insurance …
A Kentucky company that supplies temporary workers for underground coal mines has pleaded guilty in Letcher Circuit Court to a felony count of insurance fraud. Boone Mountain Services Inc., of Jackhorn, Ky. was charged with making false and misleading statements …
The U.S. workers’ compensation system needs evolutionary changes, but all industry stakeholders must never lose sight of the original “noble” goals from nearly a century ago, according to Wausau Insurance President and Chief Operating Officer Joe Gilles. “The workers’ compensation …
The Property Casualty Insurers Association of America (PCI) expressed disappointment recently with the latest direction taken by the National Association of Insurance Commissioners’ (NAIC) Financial Conditions (E) Committee regarding the Insurer Receivership Model Act (IRMA). The NAIC committee’s latest discussion …
Unscrupulous business operators have been warned by Florida Attorney General Charlie Crist to avoid taking advantage of residents and visitors as they cope with emergency conditions caused by heavy rains and severe flooding. “This year’s storm season has brought unusually …
Newtek Insurance Agency, a subsidiary of Newtek Business Services Inc. has begun a one year pilot program with Navy Federal Financial Group, a wholly-owned subsidiary of Navy Federal Credit Union, to promote the sale of homeowners’ and business insurance. Navy …
Illinois Gov. Rod Blagojevich recently signed legislation to help ensure that people do not get trapped in stairwells of new hotels, schools and other high-rise public assembly buildings during fires. The legislation is in response to the October 2003 fire …
