Auto dealers in the Bay State must be careful of what they tell car-buyers about purchasing insurance, the Massachusetts Division of Insurance warns dealers in a newly issued bulletin. State law prohibits anyone without an insurance license from soliciting, negotiating …
Meteorologists are predicting an active 2010 hurricane season with above-normal threats on the U.S. coastline. Hurricane Forecaster Joe Bastardi, with the AccuWeather.com Hurricane Center, said Wednesday that he predicts seven landfalls. Five will be hurricanes and two or three of …
A bulletin from the Federation of European Risk Management Associations (FERMA) notes that while it “supports the goal of the Solvency II European insurance regulatory regime, which is to enhance policyholder protection, its members are concerned by the impact that …
San Diego, CA, 03/15/10 – American Claims Management, Inc. (ACM) announced a new business relationship with Starr Indemnity & Liability Company (Starr Indemnity), a wholly owned subsidiary of Starr International Company, Inc. Effective January 1, 2010, ACM began handling claims …
Online crime complaints increased substantially once again last year, with the number of fraud complaints jumping 22.3 percent and total losses linked to online fraud reaching almost $560 million. That’s according to the Internet Crime Complaint Center, a partnership between …
New Jersey-based Risk Enterprise Management Ltd. (REM) has named Michael Ebert as vice president of programs. Ebert has more than 20 years of insurer and producer sales, marketing, account management and service experience. He joins REM from PMA Group, where …
Arkansas Insurance Commissioner Jay Bradford on March 11 suspended the certificates of authority to conduct insurance business of two New York domiciled property and casualty insurance companies: Centennial Insurance Company and Atlantic Mutual Insurance Company. According to the commissioner’s orders …
Once again, Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. The 2010 Agency Salary Survey results will be compiled for a special report in …
The current recession has reduced Oregon revenues, and has forced the Legislature to make deep cuts in agency budgets, the state Department of Consumer and Business Services announced. State workers affected by the closures — including those who work for …
Federal law enforcement officials in Chicago report that a chiropractor, a medical doctor and a billing employee at a clinic in Maywood, Ill., have been indicted on federal charges related to workers’ compensation insurance fraud. The defendants are alleged to …
