Commerce Group, SWICO Enterprises, State-Wide Insurance The Commerce Group Inc., the largest auto insurer in Massachusetts, expects to enter the New York personal lines insurance market in 2007 as part of its plan to expand geographically. Under the terms of …
The National Association of Insurance Commissioners (NAIC) today announced several changes to the format of its quarterly National Meetings. The new format, which features a more compact meeting schedule, will be introduced during the NAIC’s Spring National Meeting, March 9-12 …
Oklahoma State Representative Jason W. Murphey (R-Guthrie) has introduced legislation intended to lower medical costs by providing incentive for insurers to write “Negative Outcomes” insurance policies. The bill also seeks to help ensure that patients are properly and quickly compensated …
A Billings, Mont., insurance agent who pleaded guilty to fraud was sentenced to three years in prison. Michael D. Hutton, 59, was also ordered to pay $185,000 in restitution. U.S. District Judge Jack Shanstrom said Hutton could remain free until …
American Team Managers, Anaheim, Calif., has promoted Eric P. Magee to president, overseeing all agency operations. Previously he was executive vice president.
California Insurance Commissioner John Garamendi has announced that the Department of Insurance has won a dispute over the distribution of proceeds obtained through litigation on behalf of policyholders of the failed Executive Life Insurance Co. An arbitrator settled a dispute …
The board of HMAA, a health-care insurance provider for Hawaii small businesses, has elected J. Terrence “Terry” Mullen as director, president and CEO. Mullen succeeds Arnold “Arnie” Baptiste Jr. as president and CEO. Baptiste resigned to focus on running his …
The Los Angeles-based offices of Worldwide Facilities Inc. and Heritage General Agency will be co-sponsoring a free continuing education seminar discussing medical professional liability coverages and products. The seminar, to be held in downtown Los Angeles, is presented by Shand …
Seattle-based Safeco announced estimated after-tax catastrophe losses from the Pacific Northwest windstorm in Nov. and Dec. 2006 of $20 million, or $0.18 per diluted share. Pretax catastrophe losses from the storm are estimated at $30 million, the company reported. The …
MarketScout, the Dallas, Texas-based eInsurance Exchange, announced it has named Tina Harris as property underwriting manager. Harris will write Monoline Property for independent agents and members of MarketScout’s eInsurance Exchange. Harris’ expertise includes a thorough understanding of property and casualty …
