Rhode Island Gov. Don Carcieri has named Sandra Powell as interim director of the state Department of Labor and Training. Powell — who spent 19 years at the department in workforce development programs — replaces Adelita Orefice, who had run …
Investigations by New York’s insurance frauds bureau led to over 700 arrests last year, a 17 percent increase from 2006, according to an annual report from the state insurance department. The bureau, established in 1981, received about 22,079 reports of …
Lighthouse Underwriters, Cooley and Darling Cooley and Darling Insurance Agency Inc., a new retail agency based in Haymarket, Va., has acquired the retail book of non-profit business from Lighthouse Underwriters LLC, a member company of U.S. Risk Insurance Group Inc. …
New York insurance brokers may soon be required to reveal much more about how they are being paid by insurers if the state insurance department follows through on plans to remake the rules on commission disclosure. The subject of commissions …
Please Call “Those of you that don’t write in Massachusetts, please call us.” —Massachusetts Insurance Commissioner Nonnie S. Burnes, addressing a crowd of property casualty insurers at the Insurance Information Institute’s Joint Industry Forum in New York last month. The …
Text messaging is all the rage. Hopefully, not a road rage. An increasing number of state lawmakers are concerned by the rash of accidents caused by text-happy drivers. Although many states already have laws that require cell phone-users to wear …
American International Specialty Lines Insurance Co. Inc. (AISLIC) has agreed to pay $42.5 million to clean up contamination at four industrial facilities run by a bankrupt insured in a suit in which the Department of Justice intervened on behalf of …
Garden State lawmakers recently approved rules that give insurance companies greater flexibility in their investments. Signed by Gov. Jon S. Corzine earlier this month, the new law allows domestic property and casualty insurance companies’ authority to invest in corporations that …
State officials and some in Congress remain skeptical about new federal rules for driver’s licenses, even after major changes designed to cut the cost of those rules and provide more flexibility. The U.S. Department of Homeland Security (DHS) on Jan. …
$6.5 Billion Amount U.S. property casualty insurers are expected to pay homeowners and businesses for property losses last year from 23 catastrophes — the eighth lowest cost in a decade, according to Insurance Services Office. Forty-one states were affected by …
