March 8, 2012
State officials say they’re trying to determine the overall cost of a computer malfunction that resulted in 19,000 people receiving checks for MaineCare even though they were ineligible. State Health and Human Services Commissioner Mary Mayhew revealed the problem Tuesday …
March 8, 2012
A new state law requiring Pennsylvania drivers to pull over and stop if they want to use text-based communications went into effect at midnight Thursday, although it remains legal to use a hand-held cellphone behind the wheel. The statewide texting-while-driving …
March 8, 2012
Arkansas-based surplus lines broker Argenia has created a new Florida program designed to cover the reduction of coverage under Citizens Property Insurance Corp. homeowners policies. The program provides high enough liability limits to write an excess/umbrella policy with minimum premiums …
March 8, 2012
The American Association of Insurance Services (AAIS) and The Hartford Steam Boiler Inspection and Insurance Co. (HSB) are developing data compromise coverage as an endorsement under the AAIS Businessowners Program and in the electronic data processing section of the AAIS …
March 8, 2012
The QBE Insurance Group announced that it is combining its worldwide reinsurance operations under a single management team and unified brand, QBE Re. The new reinsurer will “comprise the current statutory businesses of Syndicate 566, QBE Re (Europe), Secura NV …
March 8, 2012
Costa Mesa, CA, 03/06/12 – Aces Commercial Insurance Services, a leading GA/Wholesale brokerage specializing in general liability markets, announces the launch of a new online, rate, quote, & bind program. The new program is already in effect and has been …
March 8, 2012
A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billion Finaccord said: “The future of the global automotive …
March 8, 2012
Thai Reinsurance Pcl expects to post a net loss for a second year in 2012 as the country’s leading reinsurer is hit by higher provisions from flooding last year that have pushed up insurance premiums for natural disasters, a top …
March 8, 2012
Joe Plumeri, Willis Group Holdings Chairman and CEO, told attendees at the Willis Asia Pacific Aviation Insurance Conference in Hong Kong that air travel in Asia Pacific is set to significantly surpass that of North America and Europe in the …
March 8, 2012
Efforts to ease West Virginia’s motorcycle helmet law have been stopped short by the bill’s advocate, who pledged to fight for legislation making helmets optional next year. The Senate Transportation committee this week pulled language from a motorcycle lighting bill …