December 6, 2006
Indiana Commissioner of Insurance Jim Atterholt today released Bulletin 142, a new self-certification process geared toward expediting Life and Annuity product filings. Bulletin 142 is a Life and Annuity Policy Actuarial and Form Filings self-certification process that allows for product …
December 6, 2006
More than a dozen Democratic state legislators have signed a letter asking for the dismissal of North Dakota’s workers’ compensation director. The director, Sandy Blunt, said he will not resign, and the agency’s chairman said its board of directors supports …
December 6, 2006
The typical U.S. driver will pay less for auto insurance in 2007 than in 2006, with the average premium expenditure expected to drop by 0.5 percent, reported the industry-backed Insurance Information Institute. The average annual cost for auto insurance premiums …
December 6, 2006
A bill rejected by the state Legislature four years ago would have required a safety railing on parade floats — a measure that might have prevented the death of a 9-year-old boy in Portsmouth’s holiday parade. Some witnesses said Thomas …
December 6, 2006
Coal companies must replace by-the-book compliance with a culture of prevention if they want to eliminate the underground fires and explosions that are killing miners, says a panel of experts releasing recommendations for the industry. The Mine Safety Technology and …
December 6, 2006
A family devastated by the Mother’s Day flood that inundated their home along the Mousam River in Kennebunk, Maine says errors in federal maps prompted them to forgo the purchase of flood insurance, a decision that came back to haunt …
December 6, 2006
Broadcasters, publishers, multimedia companies, advertisers, advertising agencies and others in the media business have a new option for safeguarding themselves against loss. OneBeacon Insurance has a new product that combines property, general liability and auto coverage from its @vantage for …
December 6, 2006
Swiss Re’s recent Economic Forum noted the strong opportunities for insurance protection in emerging markets and a solid outlook for the insurance industry in 2007. The Forum, which began in London on Dec. 5, indicated that the “insurance industry can …
December 6, 2006
London-based Oxygen Insurance Brokers, the Lloyd’s broking operation of Oxygen Holdings Plc, announced the creation of a new management risk practice (known in the U.S. as directors and officers liability – D&O) to focus on commercial and financial institutional clients. …
December 6, 2006
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) of the Bermuda-based Colonial Group and its group-rated members. Best also affirmed the stand-alone FSRs of “A-” (Excellent) of the Security & General Insurance Company Limited (S&G) …