July 7, 2008
Catherine J. Weatherford, executive vice president and CEO of the National Association of Insurance Commissioners (NAIC) for the past 12 years, confirmed reports that she will be leaving the association. Weatherford is expected to continue to serve the association as …
July 7, 2008
Bermuda’s Ironshore Inc. reported that Bob Piller has joined as president of IronSelect, a newly created excess casualty facility. IronSelect will write excess umbrella casualty for mid-sized commercial risks such as manufacturing accounts, retail and wholesale operations, and contractors. Piller …
July 7, 2008
The Pennsylvania Senate in a July 3 roll call vote unanimously approved Joel S. Ario to become the state’s insurance commissioner, a year after Gov. Ed Rendell first nominated the former chief insurance regulator in Oregon. Ario’s nomination has been …
July 7, 2008
Experts say it’s impossible to identify firefighters with a penchant for arson, but the problem is widespread enough to prompt a program to educate fire chiefs about it. In Pennsylvania, state fire marshal David Klitsch put together the Hero to …
July 7, 2008
Des Moines, Iowa-based EMC Insurance Group Inc. says Midwest storm losses will reduce its profit for the year. The property and casualty insurer is lowering its guidance to a range of $1.20 to $1.45 per share from the previous range …
July 7, 2008
The Wisconsin Supreme Court has ordered an insurance company to pay nearly $1 million in a medical malpractice case. The decision upholds an earlier ruling that Physicians Insurance Co. of Wisconsin must pay damages and costs to the estate of …
July 7, 2008
Fatal motorcycle accidents have become more common over the last decade as the vehicles become more popular, leading some to question whether it’s time for Indiana to consider a mandatory helmet law. Twenty states have mandatory helmet laws, which are …
July 7, 2008
China has issued safety guidelines for new schools to be built in areas hit by a devastating earthquake amid widespread anger over poorly constructed schools that collapsed during the May temblor, killing many children. The Education Ministry issued the guidelines …
July 7, 2008
Florida residents might see an increase in property insurance rates because of a plan to bolster the Florida Hurricane Catastrophe Fund. State officials last week approved a plan to spend $224 million so that the state can access the $4 …
July 7, 2008
Maryland’s Prince George’s County Fire/EMS Department has begun charging for ambulance service. Officials say residents who have health insurance, including Medicaid or Medicare, won’t have to pay anything extra because the county won’t charge a copay or deductible. But those …