Massachusetts Attorney General Thomas F. Reilly has filed a civil lawsuit against 15 companies including three insurers that provided surety bonds for the general contractor of the Big Dig Interstate 90 connector tunnel that collapsed on July 10, killing Milena …
Insurance executives would likely create a replacement incentive should lawmakers in Connecticut ban contingent commissions, as the state regulator has warned could happen. Executives voiced their dismay over possible legislation to ban incentive pay at the recent meeting of the …
Santa is in the malls, families are stringing lights across the fronts of their houses and placing menorahs in windows, and the music of various faiths can be heard on radio stations. The holidays — from Christmas to Hannukah to …
Family members of a state trooper who killed himself after the 2002 Norfolk bank slayings face another court battle in their fight for workers’ compensation benefits they say they are owed. Several large insurers and businesses argue benefits shouldn’t be …
Contingent commissions “It is grossly unfair to impose contrived restrictions on the ability to compensate producers in a legal and honest manner … PIA believes that authorities should be prohibited from using their settlement powers to bring about a ban …
Jorge Gomez, the Wisconsin state insurance commissioner since 2003, will be leaving the position to return to the private sector, Gov. Jim Doyle recently announced . Doyle said a successor would be named soon. Doyle credited Gomez with helping push …
St. Paul Travelers said Dec. 1 that it will stop renewing many commercial insurance policies in the New Orleans area next year, stoking fears that other insurers are prepared to pull out of the market after Hurricane Katrina. The state’s …
13 The Insurance Institute for Highway Safety announced 13 vehicles that earned its Top Safety Pick awards for 2007. Winners include four cars, seven SUVs, and two minivans. Three of the 13 winning vehicles for 2007 are from Honda, including …
The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation …
Trucking Operations Nuts & Bolts: Kansas-based Interstate Insurance Management and Swiss Re’s Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides …
