Chicago-based Aon Corp. has responded to the U.S. Treasury’s request for comment on the state of the U.S. terrorism insurance marketplace, warning of the danger of allowing the Terrorism Risk Insurance Act of 2002 (TRIA), or its successor legislation, TRIEA, …
A record for property and casualty lines claims payment settlements and premium refunds was set by the Consumer Services Division in Mississippi from Jan. 1 to April 30, according to the Insurance Department. Since Jan. 1 there have been 3,693 …
Ryan Freeze has joined Assurance Systems Inc. (AccuAuto) of Atlanta as internet sales director in charge of the firm’s new management initiatives. “Freeze will be a multifaceted employee, not only involved in the development of the product, but also in …
Cleveland, Ohio-based International Excess Companies has announced the acquisition of WSIB Motorsports Insurance of Indianapolis, Ind., effective March 1, 2006. With offices in Indianapolis, as well as in the states of Michigan and Arizona, WSIB offers coverage specifically designed for …
California Insurance Commissioner John Garamendi has recommended a 16.4 percent decrease in the workers’ compensation pure premium rate. The decrease would be applicable to new and renewal policies as of the first anniversary rating date of a risk on or …
Spring storm season is upon us and with hurricane season beginning June 1, Insurance Commissioner Jim Long urges North Carolinians to be prepared for any storms that may come toward his state. “No matter where in North Carolina you live, …
Holborn Corporation, an independent provider of reinsurance brokerage services based in New York City, announced a number of new hires and executive level changes to key positions within the firm. The responsibilities of David W. Melrose, executive vice president, will …
The Iroquois Group, Olean, N.Y., recently announced its expansion into California through the formation of Iroquois Insurance Services. “We have had our eye on the California market for some time, but we knew we needed to find the right team …
Crist: Prepare Yourself – Hurricane Season Starts Tomorrow Floridians have been encouraged to be prepared for hurricane season, that begins June 1, by Attorney General Charlie Crist. The attorney general cautioned residents and visitors to be aware of the dangers …
Collins, a reinsurance brokers has opened a new Seattle office “to provide a much-needed alternative to address the reinsurance needs of insurers in the Pacific Northwest,” Bob Kimmel, senior vice president and general manager of Collins’ San Francisco office, announced. …
