Florida-based Universal Property and Casualty Insurance Company (“UPCIC”), a subsidiary of Universal Insurance Holdings Inc., announced that it will not seek a rate increase on its homeowners’ insurance program for the upcoming year. UPCIC’s homeowners’ insurance program includes policies covering …
Miami, Fla.-based American Professional Liability Underwriters Inc. (AmPro), wholesale brokers and managing general agents, dealing exclusively in professional liability, have been appointed as managers for a new program for Miscellaneous Professional Liability in Florida, Georgia, Alabama and Mississippi. This new …
Bermuda-based Allied World Assurance Holdings Ltd. has reported net income of $75.3 million for the second quarter 2005, compared to $69.4 million for the second quarter last year, an increase of 8.4%. Net income for the six months ending June …
Florida’s Chief Financial Officer Tom Gallagher said that an independent review of Allstate Floridian Insurance Company’s request for higher rates shows deficiencies and raises troubling questions about the company’s motives in seeking rate increases. “The numbers do not add up,” …
Insurance Company of the West has announced it will offer admitted stand-alone property terrorism coverage for most states around the country. Additional states, including New York, New Jersey, Vermont, Connecticut, Deleware, Maine, Massachusetts, New Hampshire and the District of Columbia …
The Workers’ Compensation Insurance Rating Bureau has completed its report summarizing insurer loss and premium experience through March 31, 2005. To view the full report, visit http://wcirbonline.org/index2.asp?section=5&subsection=0&content=wcirb_wire/pdf/2005/053103_insurer_exp_report.pdf.
The U.S. Equal Employment Opportunity Commission (EEOC) announced a $600,000 settlement of a national origin harassment lawsuit against Western Casework Corporation, a Las Vegas-area cabinetmaker that supplies cabinetry to businesses and commercial construction projects. The lawsuit, filed under Title VII …
David Gorin, president of Lemac General Agency in Orange, California announced that Lemac producers can write Artisans online. Producers can submit an application online at www.lemacga.com, and they also have the option to download the application, complete it and fax …
Maryland Attorney General J. Joseph Curran, Jr. has filed criminal charges in the Circuit Court for Baltimore City against two former Maryland Insurance Administration agent enforcement officers for doctoring computer files to suggest they were licensed as producers when they …
Two of Arizona’s largest health insurers are rolling out programs that will rate physicians, and patients could get cheaper co-payments if they choose doctors who receive high marks for both quality of care and cost efficiency. UnitedHealthcare and Aetna are …
