A 268% hike in commercial insurance rates from the
state’s high-risk pool is slowing recovery for small businesses on the Mississippi Gulf Coast.
A state-based insurance safety net
From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation for insurers. Debate continues with participants anxiously assessing the impact of this year’s election results on their interests. …
Business Moves
Arthur J. Gallagher & Co Arthur J. Gallagher & Co. reports it has acquired Adams & Associates International, Ltd. of Columbia, S.C. Terms of the transaction were not disclosed. Adams & Associates International Ltd. is a retail insurance broker offering …
Declarations
Hotel liability “We are not persuaded that these requirements show enough control to shift responsibility for safety to Choice. These few requirements regarding hotel doors do not show that Choice had the right to control both the means and the …
Indiana’s McGowan Group named ‘2006 Agency of the Year’
McGowan Insurance Group Inc. of Indianapolis received the Independent Insurance Agents of Indiana’s (IIAI) “Agency of The Year Award” at an awards ceremony in November at their Annual Convention. The Agency of the Year Award criteria is detailed and intense, …
Ill. director looks at new options for urban markets
Regulators want to make sure that insurers are serving the urban market appropriately, according to Illinois Insurance Director Michael T. McRaith, who spoke at a recent workshop sponsored by the Chicago-based Urban Insurance Partners Institute (UIPI), a nonprofit insurance industry …
People
The Des Plaines, Ill.-based Property Casualty Insurers Association of America announced that Deirdre Manna, former acting director of the Illinois Division of Insurance, has joined PCI as vice president of industry and regulatory affairs. Manna will help coordinate policy matters …
Figures
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 …
People
The Des Plaines, Ill.-based Property Casualty Insurers Association of America announced that Deirdre Manna, former acting director of the Illinois Division of Insurance, has joined PCI as vice president of industry and regulatory affairs. Manna will help coordinate policy matters …
