Collectable cars and trucks can soon skip emissions testing in Arizona’s Maricopa and Pima Counties. The Environmental Protection Agency approved Arizona legislation that will allow vehicles 15 years or older to skip emissions for registration. However, the cars must be …
Ohio State Insurance Director and former lawmaker Ann Womer Benjamin will join the State Board of Education on Jan. 1, Gov. Bob Taft announced late last week. Womer Benjamin, of Aurora, will take the at-large seat held by Richard Baker, …
BrickStreet Mutual Insurance Co. announced five new members to its West Virginia underwriting team. Daniel Feigel will serve as an underwriter for the Coal Business Team. He previously worked as a coal underwriting specialist with Kentucky Employers’ Mutual Insurance located …
In addition to assigning a ‘stable’ outlook for 2007, A.M. Best Co. awarded Star Casualty Insurance Co. of Coral Gables an initial rating of B++. Star Casualty is a domestic property and casualty company that writes private passenger automobile insurance …
Delaware Insurance Commissioner Matt Denn has taken arguments against insurance industry use of credit scoring to the U.S. Supreme Court, filing a brief in a pending case involving the practice. Denn recruited 12 other state insurance commissioners to join Delaware …
The Commerce Group, Inc., the largest auto insurer in Massachusets, expects to enter the New York personal lines insurance market in 2007. Under the terms of the agreement, ACIC Holding Company, Inc., a subsidiary of Commerce which is jointly owned …
China Life Insurance Co. says it will set a price this week for an initial public offering on Chinese markets that could raise up to 28 billion yuan (US$3.6 billion; euro2.8 billion). The company would become the first Chinese insurer …
The ACE Group of Companies announced the appointment of Roberto Hidalgo as President and CEO of ACE Argentina and ACE Chile, effective February 1, 2007. He will leave his current post as President and CEO of ACE Puerto Rico to …
France’s SCOR group noted that it has successfully sponsored a new catastrophe bond. The French reinsurer entered into a multi-year property catastrophe retrocession agreement with Atlas Reinsurance III p.l.c., a special purpose reinsurance company incorporated under the laws of Ireland …
Majestic Insurance Co., recently acquired by CRM Holdings, Ltd., a provider of workers’ compensation services, has received licensing approval to operate in the state of New York. Majestic currently writes workers’ compensation insurance under various state acts and the U.S. …
