U.S. Transportation Secretary Mary E. Peters today sent legislation to Congress that she said seeks greater flexibility for states to target one of the leading causes of motorcycle deaths across the nation – riding without a helmet. An avid motorcyclist, …
Marsh & McLennan Companies, Inc. (MMC) today announced that its board of directors has decided to eliminate its current three-class structure, subject to shareholder approval. As a result of the board’s declassification, all directors would become subject to annual election …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘B’ (Fair) and issuer credit rating (ICR) of “bb” of PMA Capital Insurance Company (PMACIC) under review with negative implications following the announcement that its parent, PMA Capital Corporation …
Preferred Professional Insurance Co. (PPIC), an Omaha-based Catholic-owned medical liability insurance firm, recently announced two additions to its staff: Tricia Bliujus as claims analyst & risk consultant/R.N., and Cathy L. Mlnarik as agency account coordinator. Bliujus will be responsible for …
Cooper Gay Risk Services Inc. has appointed Ted Clayton as western regional director. Based in California, Clayton will be responsible for Cooper Gay Risk Services’ wholesale operations in the Western Region. Clayton was most recently senior vice president and western …
The Federal Emergency Management Agency has extended a claims deadline for people in Washington and Oregon who had flood insurance for December damage. The deadline for returning a detailed proof of loss statement has been extended to April 2. This …
A N.Y. junkyard owner has been charged with masterminding a scheme to sell high-mileage vehicles to illegal aliens and then insure the vehicles through his own garage policy. Officials said 61-year-old William Hrazanek of Fleischmanns, N.Y. provided insurance as well …
Gov. Sonny Perdue filed legislation that will limit liability for landowners who open their property to hunters and agri-tourists. The proposal will protect landowners who allow individuals to hunt on their property from being sued for accidents arising during a …
N.Y. Governor Eliot Spitzer has proposed upping the current surcharge on Empire State auto insurance policies by $15 as part of his statewide budget plan. That increase would raise to $20 the surcharge on any New York auto insurance policy. …
An Oklahoma Republican House leader said he will return a $5,000 campaign contribution from a donor who sought legislation that would have helped insurance companies tied to the donor’s family. House Majority Leader Gregg Piatt initially decided to keep the …
