Massachusetts Insurance Commissioner Julianne M. Bowler today iorder the implementation of an assigned risk plan for the state’s private passenger auto insurance market. The assigned risk plan will replace the existing pooling mechanism and establish appropriate incentives for companies to …
Golden Insurance Co. RRG has extended its primary commercial general liability coverage for builders, general contractors and artisans to $1 million/$1 million beginning in Jan. 2007. Coverage is offered on a claims-made basis, and most builder trade classes will be …
California Insurance Commissioner John Garamendi on Tuesday announced that Prudential Insurance Co. of America agreed to settle its dispute with the division over alleged abusive practices. As part of the agreement, compensation paid to brokers will be disclosed to consumers, …
The Justice Department this week agreed to ease its tough legal tactics against scandal-tainted corporations, requiring prosecutors to get approval from Washington before seeking confidential information between firms and their lawyers. Moreover, under the new policy the government no longer …
A developer has closed on the $17.6 million purchase of the Highland Park, Ill. suburban estate belonging to jailed insurance executive Michael Segal. A federal judge approved the sale in November after the buyers reached an agreement with preservationists on …
These are busy days for Massachusetts Insurance Commissioner Julianne Bowler. Within weeks, even days, Bowler is expected to release final plans for a new auto insurance assigned risk plan, decide on auto insurance rates for 2007 and complete a study …
Republican lawmakers in Louisiana’s House of Representatives helped stall Gov. Kathleen Blanco’s spending plans, but the governor said she’s not negotiating with the GOP legislators any further in the special session. “I’m not. The legislators can try to do that,” …
An Arkansas state senator wants the state to force drivers to hang up their cell phones while driving – or at least own a hands-free device that would allow them to do so. Sen. Kim Hendren filed two competing proposals …
Dallas-based PWIB Texas recently announced the promotions of Brett Kilburn and Travis Reynolds. Kilburn, who has been with PWIB Texas since 2004, was named vice president. She previously served as assistant vice president. Kilburn has 14 years of experience in …
Pennsylvania Gov. Ed Rendell said this week that he will roll out a plan to lower health care costs by forcing hospitals and other care providers to be more efficient and make fewer mistakes. The plan, to be unveiled fully …
