The Louisiana attorney general’s office is investigating a California-based mortgage company following complaints that the firm has taken too long to release insurance money meant for Louisiana residents whose homes were damaged by hurricanes. The company, Countrywide Home Loans Inc., …
Pennsylvania workers’ compensation insurers are recommending a decrease in what they charge to cover loss costs. The Pennsylvania Compensation Rating Bureau has filed for an overall 8.58 percent decrease in collectible loss costs, effective April 1, 2006, on a new …
In a last minute, last effort situation, one of the state’s largest hospital systems and Anthem Blue Cross and Blue Shield renewed their contract. The agreement follows months of negotiations and allows Anthem’s 1.8 million Indiana customers to continue to …
A Waterloo, Iowa insurance agent has been arrested for allegedly hiding a wireless camera in his office restroom. Robert Speirs, 53, an American Family insurance agent, said he put the camera in the restroom because he suspected one of his …
TD Banknorth Inc. has finalized its acquisition of the business of Boothby & Bartlett Company, a 145-year old Central Maine insurance agency in Waterville, through its insurance subsidiary, TD Banknorth Insurance Agency, Inc. As part of the TD Banknorth Insurance …
Jimcor Agencies, a Northeast excess and surplus lines wholesaler based in Montvale, N.J., made several management changes. Frank Seigel has joined as the North New Jersey branch manager. Seigel brings with him more than 30 years of insurance experience ranging …
With the insurance industry surviving a year filled with catastrophe losses and the challenge of reauthorizing the terrorism reinsurance backstop legislation, the prospects still seem bright for 2006 according to agents, brokers and carriers. The Council of Insurance Agents and …
A bill to ban insurance companies from using a consumer’s credit score in setting premium for home or auto coverage is backed by Minnesota Attorney General Mike Hatch and two state legislators. The proposed bill contends that an increasing number …
The Missouri Attorney General’s office recently released a statement saying that a record number of Missouri businesses were ordered to obtain workers’ compensation insurance in 2005. According to the Attorney General’s office, 362 businesses were forced to comply with the …
Two of New York’s 70 workers compensation self-insurance trusts are being shut down for their inability to meet financial standards set by state officials. The two trusts are the Provider Agency Trust for Human Services and the Manufacturing Industry Workers …
