5.9% Decrease in average total combined auto insurance premium in Colorado from 2003 to 2004, according to the National Association of Insurance Commissioners’ “2003/2004 Auto Insurance Database Report.” According to the report, Colorado had the largest decrease in that time …
The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and affiliates. Hawaii Insurance Commissioner J.P. Schmidt noted that …
All I want for Christmas is … “On our Christmas wish list is to have somebody come back into the residential artisan contractor market. Pricing has gone way up for small guys in the artisan contractor/residential market.” — Barbara Parker-Hatch, …
The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs in Nevada, according to state Insurance Commissioner Alice A. Molasky-Arman. The NCCI has also filed for …
Insurance agents who sell personal lines in California might be getting more calls than usual from consumers seeking auto insurance, now that the state is cracking down on uninsured motorists. Following legislation SB1500, the Department of Motor Vehicles has begun …
Insurance is a serous business, with contingent commissions, credit scoring and natural disasters making news in 2006. It’s not easy finding humor in the headlines. Yet a few stories that brought a smile snuck through the disasters and dire warnings …
Rental car companies are not liable for accidents that result from their unknowingly leasing a car to a motorist who lies about having a valid driver’s license, the Mississippi Supreme Court has ruled. The court, in a recent 5-4 decision, …
At various points in history — the Great Dust Bowl of the 1930s, urban riots of the 1960s, and terrorism today — watershed events or trends ushered in structural changes within the U.S. insurance industry. While entirely different in their …
Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity firms, but also with …
After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the probes to a halt. …
