August 22, 2005
MASSACHUSETTS Health Insurance Rates Rising: The state’s largest health insurers say most Massachusetts companies and their workers will see increases of 10 percent or more in their health insurance premiums beginning next year. The expected increase would follow five consecutive …
August 22, 2005
Affable Aquarius (21 January – 19 February) The gentle qualities of Aquarius are reflective in an average claims record on all counts. The Aquarian drivers consider themselves sensible, responsible and family-oriented with a relaxed, patient attitude toward driving. Star driver: …
August 22, 2005
Chubb PLI, Hub International Chubb Corporation has agreed to sell its Personal Lines Insurance Brokerage Inc. to Chicago-based Hub International Limited. Chubb said the sale would have no material impact on its financial results. Revenue in 2004 for PLI, which …
August 22, 2005
The Independent Insurance Agents and Brokers of Oregon have announced the highlights of their upcoming annual convention, “United We Stand.” The event will be held at the Tigard Embassy Suites Aug. 28 to Aug. 30. Featured speakers will include Joel …
August 22, 2005
The Property Casualty Insurers Association of American praised Gov. Frank Murkowski for signing into law legislation which will modernize and improve Alaska’s system for establishing rates for homeowners, auto and commercial insurance. Kenton Brine, PCI’s Northwestern Regional Manager, said the …
August 22, 2005
California Insurance Commissioner John Garamendi announced that workers’ compensation insurers in the state filed rate reductions averaging -14.6 percent for policies incepting on or after July 1, 2005 bringing the cumulative rate reduction to -26.78 percent since reforms were enacted. …
August 22, 2005
The Western Insurance Agents Association submitted comments to the California Department of Insurance opposing yet another over-reaching proposed regulation impacting the insurance industry. Michael J. D’Arelli, vice president, Legislative & Regulatory Affairs for WIAA, submitted formal opposition to regulations proposed …
August 22, 2005
Two Kern County farm labor contractors surrendered to authorities July 12 after a two-year investigation found that they had allegedly under-reported their business’ payroll by $1 million. The investigation began after a routine audit by State Compensation Insurance Fund that …
August 22, 2005
The California Department of Insurance announced that Mark Jerome Gentry of Antioch, Calif., entered a guilty plea on June 23, 2005 to multiple counts of grand theft in the Contra Costa County Superior Court. Gentry was sentenced to three years …
August 22, 2005
California’s highest court ruled that country clubs must offer gay members who register as domestic partners the same discounts given to married ones–a decision that could apply to other businesses such as insurance companies and mortgage lenders. The decision by …