Health insurance lobbyists are pushing lawmakers to eliminate caps on profits and other administrative spending and delay a hefty, industry-wide tax under the massive healthcare reform legislation being finalized in Congress. Health insurers, which include companies such as Aetna Inc., …
The ACE European Group has appointed Iain Ainslie to the role of Technology and Cyber Liability Underwriter. ACE said the appointment underscores its “commitment to enhancing its service offering and presence in this sector.” Ainslie will be based in London …
A global scarcity of scientific research on using nanotechnology in foods means food safety authorities are unable to properly regulate products that may be beneficial or harmful, a British science panel said on Friday. The science and technology committee of …
All 1,327 insurance companies licensed in California have responded to California Insurance Commissioner Steve Poizner’s request to provide data on their investments with companies doing business with Iran’s nuclear, energy and defense sectors. Previously, the Commissioner’s office was waiting for …
Californians can expect more tax increases and cuts in state services, but it’s unlikely that a sale of some of the state workers’ compensation insurer’s assets will be used to shore-up the budget. In his State of the State 2010 …
Ohio Department of Insurance Director Mary Jo Hudson has suspended the business of Chesapeake Life Insurance Company (Chesapeake) in Ohio for failure to file premium rates and forms for open enrollment coverage in accordance with and within the time period …
The New Orleans metro area tied for the lowest unemployment rate among the nation’s largest metropolitan areas, according to a report released by the federal Bureau of Labor Statistics. The Louisiana Workforce Commission reported that the unemployment rate for the …
Irwin Siegel Agency Inc. (ISA) of Rock Hill. N.Y., has developed a product for foster care and adoption agencies to address the insurance and loss control issues facing this segment. This program is an addition to the current suite of …
The U.S. Ninth Circuit Court of Appeals has upheld an arbitration award requiring U.S. Life Insurance Co. to pay reinsurance of more than $500 million to Superior National Insurance Companies, workers’ compensation insurer in liquidation, the California Department of Insurance …
Intersections where Spokane, Wash., installed red light cameras in 2008 in the name of safety saw an increase in crashes and injuries in the first year of the controversial program. There were 38 collisions at the three intersections the year …
