Arkansas state government is promoting a new program for workers who want to improve their job security. The state Department of Workforce Services is among several state agencies that are promoting a new certification for workers, the Arkansas Career Readiness …
Standard & Poor’s Ratings Services indicated that its ratings on PartnerRe Ltd., currently ‘A’ with a stable outlook, and related subsidiaries, will not be affected following the group’s announcement that it expects a non-operating charge of $74 million in the …
The formerly placid world of the bond insurers has suddenly become as chaotic as the P/C sector after a major hurricane. Standard & Poor’s Ratings Services published a new version of its bond insurance stress tests on January 15. Three …
The Mississippi Legislature had authority to raid an insurance fund in 2004 to balance the state budget, the 5th U.S. Circuit Court of Appeals has ruled. The Mississippi Surplus Lines Association sued the state after the Legislature took $2 million …
The Hartford Financial Services Group Inc. reported the promotion of Jeffrey Lange to branch vice president of the company’s Houston office. Prior to earning this promotion, Lange served as branch manager in Houston. The position of branch vice president is …
Restaurant owners across Tennessee may have to pay thousands each to shore up a workers’ compensation fund that the state says was mismanaged. The Tennessee Department of Commerce and Insurance is suing Ronnie Hart, the president and chief executive of …
Cardella Cummings’ car wreck left her dizzy and confused. Her insurance paid for the damage, but not because the accident was her fault. “I thought you had to have insurance because it’s the law,” the 54-year-old Chattanooga resident said of …
North Carolina’s automobile insurance rates are among the country’s lowest, but a special pool covering motorists for hundreds of thousands of vehicles doesn’t work very well, industry officials told lawmakers Wednesday. A General Assembly committee met for the first time …
The Florida Office of Insurance Regulation issued a final order immediately suspending Allstate Insurance Co. and its subsidiaries from writing any new business in all lines of insurance in Florida – including auto and commercial – until the company fully …
Supporters of a special fund to compensate victims of last summer’s Minneapolis bridge collapse hope to have a law establishing the account passed by mid-March. State Senator Ron Latz and Representative Ryan Winkler say they will strive to get a …
