July 28, 2006
The Commerce Group, Inc. reported 2006 second quarter results showing net earnings were $58.6 million, or $0.86 per diluted share, compared to net earnings of $62.6 million or $0.92 per diluted share for 2005. Included in the 2006 second quarter …
July 28, 2006
At a rate of about three a day, state Commerce Department regulators have been posting enforcement actions against insurance agencies and companies, real estate agents, mortgage originators, security brokers and others. But that information doesn’t always get into the hands …
July 28, 2006
King of Prussia-based MedRisk Inc. has announced that Michele Avila has joined the firm as director of client strategies based in Tampa, Fla. She will work closely with sales, marketing and account management to design and develop outcome studies, benchmarking …
July 28, 2006
Reinsurance collateral, natural disaster plans, brokerage compensation disclosure, credit scoring, competition for insurance jobs—state insurance regulators across the country deal with these and many other issues. Insurance Journal reveals how they are handling the issues in a series of exclusive …
July 28, 2006
Indianapolis-based Insurance broker WSIB Insurance Agency LLC has announced that Laura Hauenstein will serve as president and H. Don DeWitt will serve as executive vice president of its WSIB Motorsports division. WSIB Motorsports offers specially designed motorsports coverage for professional …
July 27, 2006
Louisiana Commissioner of Insurance Jim Donelon and Allstate President and Chief Operating Officer Thomas Wilson will meet Monday, July 31 at the company’s headquarters in Northbrook, Ill., the Louisiana Department of Insurance announced. Commissioner Donelon requested the meeting with top …
July 27, 2006
New York Gov. George Pataki has signed into law a bill that would cut in half agents’ wait time for commercial policy loss runs. The new law reduces the maximum time companies are given to supply loss runs upon request …
July 27, 2006
The House Financial Services Committee has approved legislation that would apply single-state regulation and uniform standards to the nonadmitted insurance and reinsurance marketplace. Chairman Michael G. Oxley (Ohio) convened a full committee markup yesterday at which H.R. 5637, the Nonadmitted …
July 27, 2006
A computer that went missing with the personal information of as many as 540,000 injured workers has been located, New York state officials said Wednesday. The FBI and the private company that had been in possession of the state-owned personal …
July 27, 2006
Hilb Rogal & Hobbs Company reported its second quarter total revenues were $178.4 million, compared with $162.0 million in the 2005 second quarter, an increase of 10.1 percent. HRH said comissions and fees rose 8.5 percent to $171.9 million, during …