Of all the obscure parts of state government, the Louisiana Insurance Rating Commission is among the most ignored and misunderstood. And the panel may now be in its death throes. The commissioners ostensibly have power to limit, restrict and otherwise …
Newly elected Arkansas Attorney General Dustin McDaniel announced a proposal aimed at preventing identity theft will be presented as part of his legislative package for the 2007 legislative session. “Essentially what you’ll see is a package of bills that fall …
“Steady and sustained growth,” is how Vermont officials described 2006’s final tally for captive insurance as 37 new captive insurance entities were licensed. New to the nation’s largest captive insurer domicile, include such well-known companies as Starbucks Corp., McGraw-Hill, Principal …
Mississippi Commissioner of Insurance George Dale twill hold a public hearing for the his proposed regulation regarding a homeowner insurance policyholder bill of rights. The hearing will be held at 9 a.m. on Friday, January 26, 2007, in the Public …
Lobbyists trying to influence Massachusetts legislation on Beacon Hill raked in a record $64.3 million in 2006, as they plied their trade on issues ranging from education and insurance to tobacco and cable television, according to state Secretary William Galvin. …
Harleysville Insurance has appointed Ronald Gorman as regional president of its Mid-Atlantic operation. In this position, he oversees the underwriting, agency management and support functions throughout the region—which is headquartered in Harleysville, Pa., where Gorman is based—and includes the states …
PGI Commercial (PGIC) is making available an insurance program designed specifically for contractors who are certified to install Exterior Insulation and Finish Systems (EIFS). The commercial general liability policy is offered on a claims-made basis and was created to fill …
Bermuda’s XL Capital Ltd. has named Frederick R. Loeloff as Senior Vice President of Ratings and Finance Development, reporting to Global Treasurer Michael E. Mathisen. “Mr. Loeloff will be XL’s primary contact with all ratings agencies and will manage all …
The Bermuda-based White Mountains Insurance Group has elected Ray Barrette as Chairman and CEO, effective immediately. He succeeds Jack Byrne, who has retired from the Company, as Chairman and Steve Fass as CEO. Byrne commented: “With great regret, I must …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Taiwan’s Central Reinsurance Corporation with a stable outlook. “The affirmation of the ratings reflects Central Re’s strengthened risk-based capitalization, strong …
