April 23, 2009
Alan Plafker has been appointed to the board of directors of New York’s Independent Livery Driver Benefit Fund. Plafker is a long-time insurance agents who is also secretary of the Professional Insurance Agents of New York. As a board member, …
April 23, 2009
Two Connecticut legislative committees have endorsed a proposal giving people with certain medical conditions the right to use employee bathrooms in private businesses. Several lawmakers say they have concerns about the bill, though, including potential liability to companies, their insurance …
April 23, 2009
National insurer Progressive Commercial has expanded its truck insurance offerings to include liability coverage for truckers involved in coal hauling. Liability coverages for coal hauling truckers and businesses have been typically only available through smaller and regional insurers, according to …
April 23, 2009
A proposal to allow operation of golf carts on certain Tennessee roads will be studied over the summer with similar bills. The House Public Safety Subcommittee voted to send the measure to a summer study committee. The measure sponsored by …
April 23, 2009
The European Parliament voted this week for new regulation of insurers that aims to cut costs by giving one national regulator the lead role in monitoring insurance companies operating across several EU nations. EU lawmakers’ approval finalizes a preliminary deal …
April 23, 2009
Homeowners in 18 coastal North Carolina counties whose homes are insured by a state-backed insurance pool shouldn’t expect a delay of higher rates taking effect May 1. A powerful state legislator said a comprehensive effort to fix the overextended Beach …
April 22, 2009
Standard & Poor’s Ratings Services said that its ratings on American International Group Inc. (AIG; A-/Negative/A-1) and its insurance subsidiaries (A+/Negative/–) are not affected by AIG’s announcement that it will transfer AIU Holdings Inc. to a special purpose vehicle and …
April 22, 2009
As millions of U.S. households face financial hardship in the current U.S. recession, retaining existing customers has never been more important. For insurance carriers in terms of long-term profitability, customer retention is tops, according to the J.D. Power and Associates …
April 22, 2009
The Oklahoma State Senate has passed a referendum that would allow Oklahomans to vote next year on a proposal to require Senate approval of the governor’s workers’ compensation judicial nominees. The Senate took the action after Gov. Brad Henry vetoed …
April 22, 2009
Insurance broker Willis HRH has appointed Douglas W. Pera as national partner of its Atlantic region. Pera will be responsible for the company’s retail insurance offices in Maryland, Tennessee and Virginia, and will report to Don Bailey, chairman and Chief …