June 1, 2010
The death toll in Central America from landslides and flooding triggered by the year’s first tropical storm surged to 99 on Sunday, as authorities struggled to clear roads of debris and reach cut-off communities. Rains from the remnants of Tropical …
June 1, 2010
American International Group said it would not consider revising the terms of a deal for its Asian life insurance unit with British insurer Prudential Plc, in a move that threatens to derail the industry’s largest ever transaction. Separately, Prudential said …
June 1, 2010
Hawaii’s 2010 Legislature has passed a bill, HB 1985, that will double all insurance licensing fees in Hawaii effective July 1, 2010, to June 30, 2014, including issuance, service, and renewal fees for insurers, producers, adjusters, surplus lines brokers, service …
June 1, 2010
State Farm Mutual Automobile Insurance Co. is the first insurer to submit an application to the California Department of Insurance to offer a program that rewards drivers who voluntarily drive fewer miles with lower auto insurance rates. “It’s just common …
June 1, 2010
Utah Governor Gary R. Herbert has appointed Neal T. Gooch as Commissioner of the Utah Insurance Department. Gooch was appointed acting Insurance Commissioner in January, and previously served as deputy insurance commissioner since 1997. The Governor’s appointment was confirmed by …
June 1, 2010
CNA Financial Corp. said it is taking over the underwriting and administration of the existing Not-for-Profit Directors & Officers (D&O) program formerly managed by Victor O. Schinnerer & Co. starting today. In January, CNA and Victor O. Schinnerer & Co., …