August 3, 2012
The Michigan Supreme Court has ruled in favor of insurance companies in two cases that involve drivers who crashed cars when they didn’t have the owners’ permission to get behind the wheel. The court’s Republican majority said this week the …
August 3, 2012
The state’s Civil Service Commission narrowly agreed Wednesday to the Jindal administration’s hiring of a private company to manage a Louisiana state employee health insurance plan, a cost-cutting move that will eliminate 177 full-time government jobs. The panel voted 3-2 …
August 3, 2012
Hot, dry conditions have prompted officials in central Illinois to issue a ban on all outdoor fires in McLean County. The McLean County Emergency Management Agency on Wednesday announced a temporary outdoor burning ban on an “emergency basis” until further …
August 3, 2012
Gov. Mark Dayton is raising concerns about the safety and sanitation of northeastern Minnesota homes that were badly damaged by summer flooding and that won’t be covered by federal assistance. Dayton on Wednesday appealed last month’s denial of individual assistance …
August 3, 2012
Swett & Crawford subsidiary J. H. Blades & Co. has launched J. H. Blades Marine Underwriting Services (Blades Marine), a new marine insurance underwriting division. This full service MGU will underwrite brown water exposures for specialty retail agents and brokers. …
August 3, 2012
Philadelphia Insurance Companies, a Bala Cynwyd, Penn.-based property/casualty insurance company for niche markets, announced the hiring of two industry veterans. The insurer said it has appointed John Sherlock as senior vice president of marketing and Sam Garro as vice president …
August 3, 2012
Insurance Journal is once again searching for the best independent insurance agencies in the United States to work for and we hope you will consider nominating your agency today. You must be a current employee of the agency you are …
August 3, 2012
The Hanover Insurance Group, a Worcester, Mass.-based property/casualty insurer, reported $20.8 million profit for the 2012 second quarter, improving from a loss of $32.2 million reported a year earlier. Smaller catastrophe losses and a strong contribution from U.K.-based Chaucer — …
August 3, 2012
The California Earthquake Authority, which has been lobbying Congress to establish a federal backstop to its debt financing, is proving once again that it can do plenty fine on its own. The quasi-public agency just completed its third catastrophe bond …
August 3, 2012
Health insurance companies will give rebates totaling $2.7 million to more than 16,000 customers in West Virginia this year.The U.S. Department of Health and Human Services says most of the rebates will go people who buy their own health insurance.