The National Association of Insurance Commissioners is losing trust because it at times operates behind closed doors and is not open to dialogue with the insurance industry. That was the criticism of NAIC, as voiced by representatives of the American …
A Minnesota hospital worker who died in November in a motorized shelving unit was the victim of a battery cart that tipped over and tripped a switch activating the moving shelves, an investigation has found. Rice Memorial Hospital worker Susan …
$300,000 Owners of pit bulls, Rottweilers and Doberman Pinscher in Kenmare, N.D. won’t have to get rid of them, if they license the dogs and keep them secure. Kenmare City Council members had considered a ban on some dog breeds …
The death toll now stands at 10 in the Midwest as tornadoes, severe thunder storms and flooding hit Indiana, Illinois and Wisconsin beginning June 6. States battled tornadoes that touched down in multiple areas, heavy winds and hail damaged autos …
A Chicago police officer working with a tow company owner and another policeman allegedly scammed an insurance company, authorities said. According to a news account in the Chicago Sun-Times, Officer Joseph A. Grillo was arrested on June 5 at O’Hare …
State insurance regulators want to centralize the filing and storage of their annual market conduct reports on insurance companies. The regulators are reviewing a proposal that would allow insurers to make one filing, as well as provide regulators the ability …
First-Time Partnership Offers Agents in Small or Medium Agencies Wider Choices of Companies to Represent When buying a new or used car, cost is always an issue and car insurance shopping is always a stressful task. Just as some banks …
In the wake of construction crane accidents in the past three months that claimed 11 lives, industry groups have called for nationwide safety standards. An industry council agreed on a set of standards in July 2004 but the proposal has …
Thomas F. Motamed has stepped down as vice chairman and chief operating officer for The Chubb Corp. to become chairman and chief executive officer of CNA Financial Corp., a position he will assume as of June 8, 2009. Motamed worked …
Governor Jim Douglas has signed into law a bill making changes to Vermont’s banking and insurance laws, including provisions for streamlining and growing the state’s captive insurance industry. The bill also includes measures designed to protect consumers by enabling Vermont …
