June 30, 2010
Wisconsin Commissioner of Insurance Sean Dilweg announced he has formed an Advisor Council to assist in the process of rehabilitating the Segregated Account of Ambac Assurance Corp. (AAC). The Council, composed of nine members with experience in all aspects of …
June 30, 2010
The Minnesota Department of Commerce announced that a stamping fee of 0.0008 on all premium bearing surplus line placements made on or after Jan. 1, 2011 will need to be paid by the insured to the surplus lines licensee. Any …
June 30, 2010
Santa Ana, Calif.-based PrideMark-Everest Insurance Services has hired David Trevino as vice president of sales focusing on commercial property and casualty insurance, as well as workers’ compensation. Trevino comes to PrideMark-Everest with 12 years of experience in the insurance industry. …
June 30, 2010
The future of the National Flood Insurance Program (NFIP) remains in limbo even as Hurricane Alex makes its way to the Texas coast today. Washington lobbyists say a vote could come today but if that doesn’t happen it could be …
June 30, 2010
The Automobile Club of Southern California has submitted an application to the state Department of Insurance to offer an insurance program that rewards California drivers who voluntarily drive fewer miles with lower auto insurance rates. The voluntary pay-as-you-drive initiative allows …
June 30, 2010
More than 45,000 Ohioans will receive a refund or credit from Community Insurance Co., also known as Anthem, according to Insurance Director Mary Jo Hudson. The Ohio Department of Insurance alleges that Anthem has been charging consumers rates for health …
June 30, 2010
CNA Financial Corp. has opened a new branch office in Los Angeles to extend the company’s geographic footprint and enable closer proximity to its agents, brokers and customers. “Our new Los Angeles branch is a tangible symbol of our strategy …
June 30, 2010
During the Texas Department of Public Safety’s Roadcheck 2010, which ran from June 8 through June 10, DPS troopers inspected 6,906 commercial vehicles. Twenty-five percent of them, or 1,738, were placed out of service because they were found to have …
June 30, 2010
New York Gov. David Paterson wants to rein in the use of self-insured trusts in the Empire State, following the recommendation of task force formed in the wake of several high-profile trust collapses over the last several years. The task …
June 30, 2010
Cincinnati, Ohio-based Great American Insurance Group has been recognized as one of the “Healthiest Companies in America” and one of Cincinnati’s 2010 Top Workplaces. For the second consecutive year, Great American Insurance Group received the “Healthiest Companies in America” Award …