January 4, 2006
The Treasury Department issued interim guidance to assist the insurance industry in meeting new requirements for the Terrorism Risk Insurance Program. On December 22, 2005, President Bush signed into law the Terrorism Risk Insurance Extension Act of 2005, which reauthorizes …
January 4, 2006
A Web site designed as an independent source of information and resources on Longshore insurance topics has been launched by LIG Marine Managers of St. Petersburg, Fla. The Web site is open to all marine businesses, insurance professionals, attorneys and …
January 4, 2006
American Community Mutual Insurance Company, a provider of individual and group health insurance, home-based in Livonia, Mich., honored its top-producing independent agents earlier this year. The annual event recognizes American Community’s Crystal Club, an elite group representing the top 25 …
January 4, 2006
Mississippi Gov. Haley Barbour has warned lawmakers not to rely on “one-time money” granted by Congress to aid in Hurricane Katrina recovery and outlined how the money would be used. Congress appropriated $29 billion to help Mississippi, Louisiana, Texas and …
January 4, 2006
The acquisition of the assets of Axiom Intermediaries LLC of Stony Creek, N.C. has been completed by Brown & Brown Inc. of Daytona Beach, Fla. Axiom Intermediaries, with approximately $14.0 million in annualized revenues, is a reinsurance intermediary and consulting …
January 4, 2006
Analysts are predicting that 2006 could be the big one in terms of new mergers by insurers. Not that 2005 was lean on mergers and acquisitions. Some of the top companies that made the move were notably MetLife (Research)’s $11.5 …
January 4, 2006
Unigard Insurance Group has introduced FlexAuto, an automobile insurance program for independent agents in Idaho and Utah. FlexAuto will be introduced in Oregon, Washington and Arizona in upcoming months. A modified version will be released in California to comply with …
January 4, 2006
Black lawmakers from Mississippi, Louisiana and Alabama say the three states should work together – rather than against each other – on issues such as hurricane recovery. “We can all empathize with each other,” Louisiana Rep. Arthur A. Morrell, D-New …
January 4, 2006
Crawford & Company reported the formation of Crawford Integrated Services, a new business unit that was developed specifically to solve the most pressing issues facing the workers’ compensation industry: increasing workers’ comp loss costs; quality of care concerns; lack of …
January 4, 2006
The Department of Labor and Industries (L&I) has selected Seattle audit and consulting firm Miller & Miller to review the U.S. Department of Energy’s (DOE) administration of workers’ compensation claims at the Hanford Site. In June, a number of Hanford …