Monthly Archives: <span>June 2014</span>

Inland Marine Underwriters Elect Hoehn of Travelers as Chair

The Inland Marine Underwriters Association (IMUA) elected officers and board members at its annual meeting in Austin, Tex. Michelle Hoehn, The Travelers Group, was inaugurated as IMUA’s new chairperson replacing Peter Opinante, Swiss Re America, who has served in that …

Ratings: Toyota Motor, Interstate Bankers, Medical Assurance Co. of Mississippi

A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Iowa-based Toyota Motor Insurance Company (TMIC), both with stable outlooks. Best said the “ratings reflect TMIC’s excellent risk-adjusted capitalization, underwriting income …

Wise Joins AIA Federal Affairs Team

Amanda Greenwold Wise will assume the position of vice president and chief counsel for federal affairs for the American Insurance Association (AIA), the Washington, D.C. trade group said. Wise joins AIA from the law firm Debevoise & Plimpton, LLP. She …

West Virginia Motor Vehicle Law Changes Go Into Effect This Week

The West Virginia Department of Motor Vehicles says some changes in laws will affect motorists starting this week. One new law allows DUI offenders to get on the ignition interlock program immediately if they do not request a hearing. The …

3 Tennessee Supreme Court Incumbents Report on Fundraising

The coordinated campaign of three incumbent Tennessee Supreme Court justices announced this week that it has raised $600,000 for the effort to keep them on the bench for eight more years. The effort called Keep Tennessee Courts Fair is made …

Insurance Regulators to Job-Switchers: Look Beyond Salary

Many Americans who leave their jobs to improve their financial situation fail to consider their total compensation package when making the decision, according to a consumer survey. The survey by the National Association of Insurance Commissioners (NAIC) found that many …

Willis Exec Warns of Rise in ‘White Collar Crime’ in UK

Francis Kean, executive director in Willis’s financial and executive risks practice has examined a growing trend in white-collar crime in a WillisWire blog. He indicated that” according to a report in The Times on Thursday 22nd May 2014, the number …

EU Notes Its Success in Climate Change Goals as UN Talks Start

The European Union touted its success in cutting greenhouse gases at U.N. talks on climate change on Wednesday, where a U.S. plan to cut power plant emissions has lifted hopes for a global deal in 2015. An adviser to the …

Dryad Maritime Warns of Increases in Southeast Asia Cargo Thefts

The latest report of a tanker hijack in Southeast Asia has prompted Dryad Maritime to issue an advisory to its shipping clients, based on the supposition that “crime follows a pattern, which has seen up to six such attacks, over …

West Virginia Takes Down All Business Files After Insurance Agent’s Data Disclosed

Secretary of State Natalie Tennant’s office has removed all business filings from its website after one displayed an individual’s Social Security number. Tennant told WCHS-TV that the image displaying the number was immediately removed after her office was notified. She …