January 18, 2006
Indiana House representatives and their families could lose a lifetime of free health insurance if a policy released by the speaker of House is adopted. In 2002, a series of laws passed by the General Assemby gave representatives and their …
January 18, 2006
New Jersey Gov. Jon Corzine, sworn into office in Tuesday, has yet to name several members of his cabinet, including an insurance and banking chief. Corzine did, however, announce that Acting Banking and Insurance Commissioner Donald Bryan, formerly director of …
January 18, 2006
Connecticut Gov. M. Jodi Rell has proposed doubling the fines for people who break traffic laws on Avon Mountain, part of a package of recommendations prompted by a fiery crash that killed four people over the summer. Rell said that …
January 18, 2006
Hurricane Wilma hit densely populated South Florida at Category 2 strength, and it was stronger than originally estimated when it struck Mexico, the National Hurricane Center said in its final report on the storm. Most locations in the inhabited areas …
January 18, 2006
A push is underway by Florida Senator Ron Klein, D-Boca Raton, to require the state insurance commissioner to be elected by the people, instead of being appointed for the position. Florida’s last election for an insurance commissioner was in 2002. …
January 18, 2006
Atlanta-based AssuranceAmerica Corp. has announced the acquisition of Tampa No-Fault Insurance Agency Inc., a retail insurance agency in Tampa, Fla. producing more than $3 million in annual premium volume with emphasis on sales of non-standard auto insurance products. AssuranceAmerica focuses …
January 18, 2006
Swiss Re has released “A shake in insurance history — The 1906 San Francisco Earthquake,” to mark the centennial of the catastrophe. The reinsurer notes that it was “an event that altered the course of the insurance industry and has …
January 18, 2006
Aon Limited, The U.K.-based insurance broker and risk management consultant for the Aon Group, has published its 2006 Risk Report assessing some of the major new and existing risk challenges for UK businesses. Climate change and pandemics (presumably avian influenza, …
January 18, 2006
Benfield, the U.S.-U.K.-based international reinsurance broker and risk intermediary, has issued a comprehensive 82-page report on the current climate in the reinsurance market. The study found that “last year’s unprecedented catastrophe losses had an uneven impact on pricing and capacity …
January 18, 2006
Zurich Financial Services Group announced that Zurich Insurance Ireland Limited (ZIIL), the EU-wide risk carrier for Zurich Global Corporate business, has opened branches in France, Sweden and Finland in addition to its UK branch, which was established in May of …