AT&T announced today a two-year, multimillion-dollar national agreement with Blue Cross and Blue Shield Association (BCBSA), continuing AT&T’s long-standing relationship with BCBSA and its member companies as their primary networking services provider. Under the expanded contract, participating Blue Cross and …
Wisconsin Gov. Jim Doyle yesterday signed a bill designed to allow farmers and others who lack health insurance to join a cooperative that will negotiate health insurance plans on their behalf. A.B. 5 expands access to health care cooperatives in …
A reported 7.2-magnitude earthquake struck northeastern Japan on Tuesday, injuring nearly 60 people, creating landslides and disrupting power to thousands of homes. A number of the reported injuries were children, who were on summer vacation and were gathered at a …
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) to Luen Fung Hang Insurance Company Limited (LFH) (Macau). The rating outlook is stable. The rating reflects LFH’s stable and profitable operating performance, adequate capitalization, prudent investment portfolio, …
Massachusetts insurance agents are asking for an 18 percent boost in private passenger auto insurance commissions for 2006. If approved, the request would raise the average commission from $119.50 to $141.23. The Massachusetts Association of Insurance Agents submitted its filing …
Rhode Island has some of the weakest drunken driving laws in the nation, and was the only state to receive a “poor” rating in a survey of legislation to reduce drunken driving, according to a national highway safety organization. The …
Florida’s fourth-largest homeowners insurer, Nationwide Insurance of Florida, has announced that it will drop from 25,000 to 30,000 homeowners policies as part of a strategy to “reduce its overall exposure,” according to Florida Insurance Commissioner Kevin McCarty. This revelation follows …
New York would join a growing list of states to repeal laws allowing insurance carriers to deny payment of medical bills for people injured while driving drunk under a measure sent to Gov. George Pataki. Under current state law, doctors …
The Citizens and Hanover Insurance Companies have introduced a new, expanded Business Owner’s Policy, called Avenues Business Owner’s Policy, or Avenues BOP, for short. Avenues BOP, the first new product introduced under the company’s Avenues suite of commercial lines products, …
National Interstate Corporation on Monday reported net income for the second quarter ended June 30, 2005 of $7.0 million ($.36 per share diluted) compared to $6.4 million ($.42 per share diluted) for the 2004 second quarter. The 8.5 percent increase …
