Despite a petition from the state attorney general, the state’s top insurance regulator has conditionally approved Blue Cross & Blue Shield of Rhode Island’s plan to create a for-profit subsidiary. Health Insurance Commissioner Christopher Koller ruled last week that the …
Hurricane Season 2005 officially comes to a close Wednesday Nov. 30 and according to Tom Gallagher, Florida’s CFO, people will be dealing with the aftermath for years to come. Nationwide, this season was the busiest on record so far, with …
A.M. Best Co. has placed the B+ (Good) financial strength rating of Gulf States Insurance Company (Gulf States) under review with positive implications. This rating action follows the announcement that Texas General Agency Inc. (TGA), the parent company, has signed …
Zenith National Insurance Corp. reported that its wholly owned subsidiary, Zenith Insurance Company, has filed with the California Department of Insurance its workers’ compensation rates for use in California on or after Jan. 1, 2006. The new rates represent an …
Piles of snow and icy roads definitely were not what most Thanksgiving travelers wanted to deal with on their way home from the long holiday weekend. Meantime, tornadoes tore through several states damaging properties. Hundreds of miles of major roadways …
William Gallagher Associates (WGA) announced that Kirk Jensen has joined its Boston office as senior vice president and leader of the Risk Management Practice Group. He brings more than 20 years of risk advisory experience to the firm in the …
The Insco Dico Group announced today that Dave Paloma has joined their team of surety professionals as Regional Manager of their Glendale, California and Tempe, Arizona branch offices. Dave was most recently with CNA Surety in Phoenix, Arizona as Underwriting …
A Martinez, Calif., Shell oil refinery leak that sprayed 150 gallons of oil over the downtown area could cost the company more than $1 million to clean buildings and vehicles. As of Nov. 22, more than 3,500 claims had been …
The number of people arrested for drinking and driving during the Thanksgiving holiday fell slightly from last year, along with the number of traffic fatalities, according to the California Highway Patrol. From 6 p.m. Wednesday to 6 a.m. Friday, 595 …
Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are expected, a spokesman for New York Attorney General Eliot Spitzer said Friday, Nov. 25. “The office decided …
