In a seeming effort to encourage green behavior, Oregon senators have approved a bill that would remove some of the barriers to developing community car sharing programs. House Bill 3149 establishes standards for personal vehicle sharing programs, and requires personal …
The Arizona Chapter of the Chartered Property Casualty Underwriters Society has named its new officers and directors for the 2011-12 term. They are: President Tom Gutierrez; Vice President Tim Goeller; Treasurer Lisa O’Brien; and Secretary Will Thomas. Directors include: Education …
Fullerton, Calif.-based RMIS has added a new worker’s compensation insurance market through Tower Select, and has added Monica Tobin to its staff as the head worker’s comp underwriter. Tobin’s previous 17 years of worker’s comp experience come from KRM Risk …
The Insurance Professionals of Orange County,Calif., (IPOC), a local representative of the National Association of Insurance Women (International), has installed new officers for the 2011/2012 term. They are: President Freeda Koopsmans, retired senior commercial lines underwriter with Northbrook Property & …
Residents of unincorporated St. Tammany Parish in Louisiana are getting $1.9 million in premium decreases for federal flood insurance. Officials say that’s the result of an improvement in the parish’s flood rating — translating into an average 10 percent drop …
A.M. Best Co. has downgraded the financial strength rating to ‘B-‘ (Fair) from ‘B+’ (Good) and the issuer credit rating to “bb-” from “bbb-” of First Jersey Casualty Insurance Company, Inc. (FJCIC), and has assigned a negative outlook to both …
Allied Property and Casualty Insurance and six affiliated companies have agreed to pay a $50,000 penalty to the state of Iowa for overcharging on more than 1,700 Iowa auto insurance policies. The Gazette said that coding errors caused the companies …
A.M. Best announced a number of rating actions as a result of the announcement on May 31 that that Intact Financial Corporation (IFC) has signed a definitive agreement to purchase 100 percent of the stock of AXA Canada Inc. Best …
Texas Gov. Rick Perry has added legislation relating to the operation of the Texas Windstorm Insurance Association as an issue to be addressed during the special session of the Legislature that began on May 31. “It is imperative for coastal …
Fifty-five people permanently disabled from workplace injuries are owed money from a Missouri fund but are not getting paid because of the fund’s financial troubles. The St. Louis Post-Dispatch reported that the attorney general’s office in March began to withhold …
