Insight Catastrophe Group, a specialty provider of property catastrophe risk management and underwriting services, announced a partnership with Jim Stanard and Rod Fox through their newly-formed organization, New Asset Class Management (New Asset Class). New Asset Class has made an …
West Virginia’s insurance commissioner still objects, but lawmakers continue to pursue some role overseeing the privatization of the workers’ compensation system. A joint Judiciary Committee panel voted Sunday to advance a bill to require the commissioner to inform the Legislature …
Hub International Ltd. announced that Hub International Transportation Insurance Services Inc. (HUB Transportation) has acquired all of the assets of Billings, Mont.-based Lenhardt Insurance Agency Inc., an insurance broker specializing in commercial trucking insurance services. Terms of the transaction were …
A debris burn that apparently got out of control scorched approximately 250 acres in Washington County, N.C., on Sunday, just four days after the state temporarily lifted an outdoor burning ban. No injuries were reported and only a few people …
Carrollton, Ga.-based Britt/Paulk Insurance Agency Inc., acquired Idaho-based Magnum OPUS and all of its assets in a transaction that took effect on Jan.1. Magnum OPUS will begin operating as the Britt/Paulk Boise, Idaho branch office. Financial details of the transaction …
Standard & Poor’s Ratings Services and Fitch Ratings have both withdrawn their ratings on CNA Financial Corporation’s insurance subsidiary, Transcontinental Insurance Company, due to its merger on Dec. 31 into its direct parent company, National Fire Insurance Company of Hartford. …
A leading expert on the way West Virginia’s courts handle asbestos claims urged legislators Sunday to avoid proposed changes to the system. “Not only is it a mistake, it would be unnecessary,” retired Kanawha Circuit Judge Andrew MacQueen told an …
On New Year’s Eve, the Florida Office of Insurance Regulation released its annual report on the state of the market for workers’ compensation insurance to the Florida Legislature. The report analyzes the availability and affordability of coverage for workers’ compensation …
The Texas Department of Insurance Division of Workers’ Compensation reported that Commissioner of Workers’ Compensation Albert Betts signed a rule establishing incentives for performance-based oversight for workers’ comp carriers and health care providers. Under the rule signed Dec. 28, 2007, …
Tracy J. Bertram, a Campbellsville, Ky., native and director of the Kentucky Office of Insurance Property and Casualty Division, has been elected to the board of directors for the national System for Electronic Rate and Form Filing (SERFF). SERFF, originally …
