March 17, 2006
The National Association of Insurance Commissioners’ (NAIC) Market Regulation & Consumer Affairs (D) Committee recently adopted the Authorization for Criminal History Record Check Model Act during the NAIC Spring National Meeting. The Act provides the basic regulatory framework for the …
March 17, 2006
An inside look at how to operate an agency more efficiently using technology will be presented March 28 during an “Agency Technology Summit” conducted in by Andy Siegel in Doraville, Ga. The Independent Insurance Agents of Georgia is sponsoring the …
March 17, 2006
A boxer was charged this week with fraud, accused days before a big fight of participating in a family ring that staged minor car crashes and made false insurance claims. Frank Houghtaling, his brother, sister-in-law, father, wife and another woman …
March 17, 2006
Maine Gov. John Baldacci this week proposed a major change in the structure of Dirigo Health, his prized program which is developing into one of the most contentious issues in the young gubernatorial campaign. Baldacci wants to authorize Dirigo’s board …
March 17, 2006
A Delaware House committee has tabled a bill that would allow the state to use a portion of the Delaware Blue Cross system’s excess reserves to subsidize malpractice insurance premiums for doctors in high-risk specialties. The bill, which passed the …
March 17, 2006
St. Paul Travelers has deployed its Catastrophe Response Team to assist policyholders affected by the severe tornadoes and hailstorms in Illinois, Kansas and Missouri, according to a written statement issued by the company. In addition to catastrophe claim specialists, St. …
March 16, 2006
California Insurance Commissioner John Garamendi reported the arrest of Jesus Lerma, 51, from Riverside, after an investigation by the California Department of Insurance (CDI) Fraud Division revealed that it was not him, but his nephew, who was allegedly the driver …
March 16, 2006
American International Group Inc. (AIG) has filed its Annual Report on Form 10-K for the year ended Dec. 31, 2005 with the Securities and Exchange Commission. Net income for the full year 2005 was $10.48 billion or $3.99 per diluted …
March 16, 2006
The session wasn’t easy or pretty for insurers, but the 2006 Indiana General Assembly concluded at midnight Tuesday with significant insurance-related successes, according to the National Association of Mutual Insurance Companies and its state insurance group partners. Tami Stanton, NAMIC’s …
March 16, 2006
Sirius International Insurance Corp. has agreed to withdraw an application it submitted to the Florida Office of Insurance Regulation for approval to do business in Florida as an eligible surplus lines insurer. The action occurred after representatives of Sirius and …