April 27, 2007
Spiraling-malpractice insurance costs appeared to have little effect on the number of doctors in high-risk specialties practicing in Pennsylvania over a 10-year period, according to a new study. Opponents of efforts to limit pain-and-suffering awards in medical malpractice lawsuits said …
April 27, 2007
Citizens Property Insurance Corporation’s board of governors gave its approval Thursday of expanded commercial property insurance coverage for small businesses across Florida. “Our goal is to make coverage available as quickly as possible to the Florida small business community which …
April 27, 2007
With claim costs continuing to rise in South Carolina, the National Council on Compensation Insurance (NCCI) is recommending that the workers compensation loss cost level be increased by 23.7 percent. “This news highlights the need to reform the state’s workers …
April 27, 2007
New Jersey based Dowell Insurance Agency, Inc., and Integrated Assurance Solutions (Dowell / IAS) announce a new marketing alliance whereby Dowell /IAS will be a Lloyd’s Coverholder for the Jewelry and Fine Arts and Collectibles industries. Dowell / IAS will …
April 27, 2007
Insurance industry associations are continuing to fight Washington’s Insurance Fair Conduct Act, asking Gov. Chris Gregoire to veto the legislation. ESSB 5726 is designed to provide insurance consumers with additional remedies for what they perceive to be unwarranted claim denials. …
April 27, 2007
Portland, Ore.-based StanCorp Financial Group Inc. has reported net income for the first quarter of 2007 of $0.90 per diluted share, compared to $0.70 per diluted share for the first quarter of 2006. Net income for the first quarter of …
April 27, 2007
Portland, Ore.-based Independent Insurance Wholesalers Inc. announced it is procuring management liability insurance for private companies and not-for-profit risks in the Northwest. The firm is offering directors and officers, employment practices liability, and fiduciary liability insurance on a monoline or …
April 27, 2007
USG Insurance Services Inc., a national wholesale broker of commercial insurance headquartered in Tampa, Fla. appointed Mitchell Aycock Branch Manager of its’ Orlando Branch, effective April 25, 2007. Aycock joined USG in March, 2004 as the Sales Manager for its’ …
April 27, 2007
Florida Chief Financial Officer Alex Sink alerted consumers and agents to avoid any annuity transactions with Tennessee-based National Foundation of American (NFOA), and immediately contact the Department of Financial Services’ consumer helpline. The company is operating inside Florida’s borders without …
April 27, 2007
The Supreme Court is scheduled to consider an environmental case next week that could make it easier for many industrial companies to recover some of the millions of dollars they’ve spent cleaning up hazardous waste sites. The case involves the …