Spain’s MAPFRE has published its 7th annual survey of Europe’s non-life insurers, ranking them by gross premiums written. The survey found that “all the companies achieved an increase in premium revenues as well as excellent results, especially driven by their …
Hawaii Insurance Commissioner Gordon I. Ito has ordered all homeowner insurers to submit new rate filings after a Insurance Division review found that rates were “excessive” when compared to National Association of Insurance Commissioners (NAIC) data. Ito recently issued a …
There were 76 Workers’ Compensation Board decisions appeals to the Oregon Court of Appeals in 2010 — one more than in 2009 — according to the state Department of Consumer and Business Services. The rate at which board-review orders were …
The Chartis insurers have doubled their capacity for construction projects from the Global Energy Property unit. With this increase in capacity, insureds will now be able to access up to $250 million of PML (probable maximum loss) capacity for construction …
In a move being applauded by insurance agents, a task force of state insurance regulators has recommended that states support legislation to protect agent and broker commissions from the expense cap imposed on health insurers by the new federal healthcare …
Bonita, Calif.-based McKenna Insurance Services has changed its name to BasePoint Insurance Services. This change becomes effective on July 1, 2011 (exactly 16 years after McKenna Insurance Services opened its doors for business). BasePoint Insurance Services is an independent insurance …
Hallmark Financial Services Inc., based in Fort Worth, has completed its previously disclosed acquisition of TBIC Holding Corporation, including its wholly owned subsidiaries Texas Builders Insurance Co. and TBIC Risk Management Inc. (collectively referred to as TBIC). TBIC is an …
Homeowners of America Insurance Co., based in Irving, Texas, has added Heidi Kuchta as sales representative for the Fort Worth area. Kuchta has more than 20 years of experience in the insurance industry. Her experience includes agency operations and sales, …
In the first ruling by a federal appeals court on President Barack Obama’s health care overhaul, a panel in Cincinnati affirmed that Congress can require Americans to have minimum insurance coverage. A conservative law center had challenged the measure, arguing …
Ohio is reporting the nation’s largest decline in new applications for unemployment benefits, while the government says the number of claims nationwide is mostly unchanged. That’s seen as evidence that the struggling economy isn’t generating many jobs. The U.S. Department …
