May 18, 2010
National insurance and risk management provider, Irwin Siegel Agency Inc., (ISA) has opened a new office facility in Houston, Texas. ISA also welcomed a new business development director, Curt Beytebiere, whose expertise includes knowledge and underwriting experience related to the …
May 18, 2010
A newly released disciplinary report from the Illinois Department of Insurance includes producer license denials and revocations. Director of Insurance Michael T. McRaith issued the following disciplinary orders for May 2010: • Michael George King, Robbins – Insurance producer license …
May 18, 2010
Democrats in the U.S. Senate are considering pushing legislation that would place no limits on the liability oil industry companies would face if they are responsible for oil spills, New Jersey Senator Robert Menendez said Tuesday. “We will be discussing …
May 18, 2010
A U.S. judge has taken the unusual step of sanctioning a unit of Transocean Ltd, owner of the rig in the Gulf of Mexico spill, for “vexatious” tactics in fighting liability from a decades-old oil well spill in Louisiana. Attorneys …
May 18, 2010
Montgomery County, Maryland is trying to get rid of a lawsuit charging that the way it operates its speed camera program is illegal. The lawsuit says the county is breaking Maryland law by paying a contractor by the ticket. Affiliated …
May 18, 2010
A strong start to the year has taken enough pressure off Dutch bancassurer ING Group to allow it to substantially delay or even potentially scrap the expected 2011 flotation of its insurance business. The talk of ING rethinking its timeline …
May 18, 2010
Florida insurance leaders belive that recently passed legislation (SB2044) is a step towards stabilizing the state’s property insurance market that has had been rocked by politics, premiums assessments, company failures, reopened hurricane claims and a credit mitigation program that got …
May 18, 2010
BP’s oil spill could make for one of the highest-stakes U.S. Gulf hurricane seasons on record. Storms may scuttle clean-up efforts, force containment vessels to retreat, or propel spilled crude and tar balls over vast expanses of sea and beach, …
May 18, 2010
Last year, insurers in New York paid consumers $32 million and offered to reinstate 116,000 policies that had been improperly cancelled or non-renewed, according to the New York State Insurance Department’s new annual report. Investigations by regulators with the department’s …
May 18, 2010
Wholesaler Crump Insurance has promoted Kevin Hahn to executive vice president. In his new role as head of New York brokerage operations, Hahn will oversee Crump’s offices in Long Island and New York, as well as its environmental practice. __ …