Technology, often derided as harmful to human relations in business, may actually hold the key to the insurance industry remaining a “people business,” including helping improve relationships between carriers and agents. Insurance leaders in New York recently assessed the relationship …
I agree with Gov. Romney that improving road designs, dangerous intersections and combating fraud will go a long way to lowering automobile insurance rates in the Commonwealth of Massachusetts. But I disagree with his assertion that eliminating our system of …
Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Carmichael joined Ohio Casualty Corporation in December, 2000. …
A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be one of the last of its kind. Inserted among the thousands of road projects …
Industry representatives generally support state regulators’ efforts to craft a comprehensive plan for natural catastrophes but take issue with elements of the draft proposal that was aired during the recent meeting of the National Association of Insurance Commissioners. The current …
Members of the National Association of Insurance Commissioners have elected Maine Insurance Superintendent Alessandro Iuppa as president. They also elected regulators from Alabama, Kansas and New Mexico to key positions at the organization’s 2006 officers during the Association’s Winter National …
The FBI has formed The Gate Cutters Jewelry Task Force to partner with local police and the gem industry in trying to catch a team that has burglarized more than 50 jewelry stores on the East Coast, often by cutting …
The life insurance industry had a stake in a decision made on Capitol Hill on Friday when the U. S. Senate refused to re-authorize major portions of the USA Patriot Act. Critics of the act complained they infringed too much …
Congress approved the Terrorism Risk Insurance Revision Act of 2005 late last week after reconciling differing versions passed in both the House and the Senate. The legislation now moves to the President’s desk for his signature. The extension of TRIA …
Families and individuals who suffered damage from Hurricane Rita have received more than $564,654,596 in assistance from state, federal, local and voluntary agencies. These agencies are working in partnership to continue to help affected Texas residents. Recovery services summary as …
