A Waterloo, Iowa man has been sentenced to 10 years in prison for setting his ex-girlfriend’s house on fire. Kelvin Scott was sentenced Wednesday for second-degree arson after a judge refused his request for a new trial. Authorities say Scott, …
Ohio state officials on Friday approved a 5 percent overall rate reduction in premiums for businesses participating in Ohio’s insurance fund for injured workers, the first reduction since 2001. The decrease, which takes effect July 1, was possible because of …
The Main Street America Group board of directors promoted two and appointed two to officer-level positions. The Jacksonville, Fla.-based company promoted John Thompson to vice president, operational controller and Dean Dorman to assistant vice president, actuarial. The board of directors …
A Sussex County Democrat is running for Delaware insurance commissioner. Tom Savage filed to run for the seat earlier this month, setting up a primary against Gene Reed of Bear. Savage, a former deputy Wilmington fire chief, lives near Lewes. …
China’s Ping An Insurance Co Ltd. wants to raise its stake in Fortis to 7 percent, the Belgian-Dutch financial group’s annual report showed on Monday. China’s second largest life insurer recently lifted its stake in Fortis to 4.99 percent from …
The ACE Group of Companies announced that Huatai Insurance Company of China Limited, an ACE Group strategic partner, has received approval from the China Insurance Regulatory Commission (CIRC) to become one of the first insurance companies to offer broad pollution …
Aspen Insurance Holdings Limited has received approval from Lloyd’s to establish a new Lloyd’s Syndicate. Designated Syndicate 4711 with the pseudonym of “ASP,” it will commence underwriting from early April for business incepting from May 1, 2008. “Syndicate 4711 is …
Capacity for aviation coverage appears to be increasing, but, as claims are also on the rise, the outlook for the year ahead is not one that is easy to predict. Aon aviation industry analyst, Magnus Allan, commented – in an …
A bill that would help to clarify when an insurance professional is acting in the capacity of a broker versus an agent in California is scheduled come before the state Assembly Insurance Committee no later than April 16, according to …
Haeaii’s biggest health insurer wants to hike health insurance premiums by more than 12 percent next year, the biggest increase in nearly two decades. The proposed rate hikes would affect 144,000 members and businesses with fewer than 200 employees starting …
