Illinois Governor Pat Quinn has named Michael McRaith as the director of the newly created Department of Insurance. As a result of Governor Quinn’s Executive Order 4, the Department of Insurance (DOI) separated from the Illinois Department of Financial and …
The American Association of Managing General Agents presented two advertising and marketing awards to Abram Interstate Insurance Services, Inc. in Rocklin, California at their 83rd annual meeting. Abram Interstate won first place for their website and second place for their …
A company run by former AIG CEO Maurice “Hank” Greenberg did not plunder billions from a retirement fund, a jury ruled, dashing the bailed-out insurer’s chances of collecting $4.3 billion in damages. American International Group Inc. took Starr International Co, …
The Santa Ana, Calif.-based Insurance Educational Association (IEA), a provider of professional education, announced the appointment of four new members to its Board of Directors: Jack Reddy, Guy A. Avagliano, Louis H. Castoria and William Riedley. Incoming Chairman Reddy is …
More than 9,000 Oregonians may be eligible for payments as a result of a class-action settlement between Nationwide Mutual Insurance Co. and affiliated companies and homeowner policyholders who claimed they were underpaid on structural damage claims since 1996, the Oregon …
Indiana Attorney General Greg Zoeller announced that Marion County Superior Court has issued a permanent injunction against Indiana Corporate Compliance, International Corporate Compliance Inc. and Papillon Global Marketing LLC, requiring those companies to stop misrepresenting themselves as a government agency …
Permits are available for people who want to harvest hay from alongside Nebraska state highways near their land. Applicants must prove they have $1 million in liability insurance. Until July 30, those landowners will have first crack at harvesting the …
Both A.M. Best Co. and Standard & Poor’s Ratings Services have taken a positive outlook for their ratings on PARIS RE and its operating companies, following the announcement that the group would be acquired by PartnerRe. Best said it has …
While Standard & Poor’s Ratings Services is positive in its outlook for PARIS RE (See related article), it is less so when it comes to the acquiring company, Bermuda-based PartnerRe. S&P said it has revised its outlook on the company …
More than ever before, recent graduates are expressing interest in the insurance industry, according to the Professional Insurance Agents of New Jersey and New Jersey Young Insurance Professionals. The associations’ joint recruitment campaign at local colleges has collected more than …
