January 30, 2008
The Property Casualty Insurers Association of America (PCI) recently announced that it is opposing legislation scheduled for a vote by Wisconsin Senate Thursday, Jan. 31st, that would prohibit insurers from using credit-based insurance scoring as part of the underwriting and …
January 30, 2008
Atlanta-based Proudfoot Consulting named Dan R. Carmichael, former CEO of Ohio Casualty Corp., as senior advisor to the firm. Carmichael will help clients within Proudfoot’s insurance practice improve their operating performance. Carmichael joined Ohio Casualty Corp. as president and CEO …
January 30, 2008
The Chubb Corp. reported that net income in the fourth quarter of 2007 was $650 million or $1.68 per share, compared to $654 million or $1.56 per share in the fourth quarter of 2006. Operating income increased to $620 million …
January 30, 2008
A volunteer at a community radio station in Austin, Texas, set fire to the station because he was upset that his song selections for an overnight Internet broadcast were changed, police said. Paul Webster Feinstein, 24, has been charged with …
January 30, 2008
The route for this year’s bicycle race, RAGBRAI, is set and counties along its path want lawmakers to address the issue of their liability. The issue arose after Crawford County settled a lawsuit with a woman whose husband died after …
January 30, 2008
Federal jurors have convicted former state Deputy Insurance Superintendent Joe Ruiz of trying to coerce insurance companies to donate money to charity in exchange for reducing regulatory fines. The jury returned 30 guilty verdicts against Ruiz on Monday. Ruiz, who …
January 30, 2008
Gov. Jim Gibbons said this week he’s forming a task force that will focus on organized insurance fraud and auto theft in Nevada. The panel will try to determine the statewide scope of such problems and their affect on consumers, …
January 30, 2008
The Insurance Industry Charitable Foundation, a national not-for-profit organization of insurance agents, brokers, and companies will hold its fourth annual Southern California Club100 Dinner on Thursday, March 6, 2008 at the Getty Center in Los Angeles from 6:30 pm to …
January 30, 2008
Leslie Newman, Commissioner of the Tennessee Department of Commerce and Insurance, filed emergency rules with the Secretary of State’s Office last week to allow building plans to be submitted and reviewed under the 2006 International Building Code (IBC) and the …
January 30, 2008
Louisiana’s legislative auditor said Jan. 28 he suspects illegal price-fixing has occurred at the state’s taxpayer-backed property insurance company, though he told a legislative panel that he has no proof. Steve Theriot told the Senate Insurance Committee that he believes …