October 29, 2009
M.J. Hall and Company of Alaska Inc.’s Suzy Baird has been re-elected as Associate Director of the Alaska Independent Insurance Agents & Brokers Inc.. Baird was also awarded the AAMGA award for outstanding service to an associate member. “It is …
October 29, 2009
The State of Washington’s Insurance Commissioner’s proposal regarding a state-run, flood insurance program would probably hurt the insurance market and policy holders throughout the state, the Property Casualty Insurers Association of American said in a response. The Commissioner, Mark Kreidler, …
October 29, 2009
Texas Mutual Insurance Company has hired Mike Dileo as senior vice president claims. Dileo has 15 years’ experience managing claim, underwriting, loss prevention and premium audit operations. He comes to Texas Mutual from the Louisiana Workers’ Compensation Corporation (LWCC), where …
October 29, 2009
Commissioner of Insurance Jim Donelon says Louisiana’s program to reduce vehicle theft and insurance fraud will be expanded in Orleans Parish, which includes New Orleans. Donelon made the announcement about the expansion of the Louisiana Automobile Theft and Insurance Fraud …
October 29, 2009
Steven D. Carroll, Robert Jarratt and Michael H. Lee have been elected as the newest members of the Property Casualty Insurers Association of America’s (PCI) Board of Governors. Carroll, serves as executive vice president and general manager, North Carolina Farm …
October 29, 2009
A spokeswoman for Ohio Gov. Ted Strickland said the governor would not want Ohio to opt out of any new government-run health insurance program. A health care proposal offered by U.S. Senate Majority Leader Harry Reid would include a government …
October 29, 2009
An attempt to reform the permanent disability rating schedule in California has produced a 6 percent reduction in attorney involvement and in the average amount paid on claims at 36 months. Those are two main findings from a new report …
October 29, 2009
In a blow to businesses that contact drivers after car wrecks, Texas’ law enforcement and transportation agencies have agreed to drop telephone numbers from crash reports. The move is supported by the insurance industry, which says it will help prevent …
October 29, 2009
Pennsylvania-based insurer Harleysville Group Inc. saw its third-quarter profits climb to $24.7 million, up 488 percent from $4.2 million in the year-ago period. Revenue at the insurer rose to $244.3 million, up 5 percent from the $232.5 million it reported …
October 29, 2009
Lauderdale Lakes, Fla.-based 21st Century Holding Co. said its board of directors has unanimously rejected an unsolicited buyout proposal by Florida-only insurer Homeowners Choice, Inc., which sought to acquire all outstanding shares of 21st Century for approximately $5.30 per share …