Latest NonProfits Headlines

Mar 10 2008 // People Ken Ross has been named commissioner of the Michigan Office of Financial and Insurance Services. Ross has been the acting commissioner since Linda Watters left the post in October. He has been with the state agency...

PWIB Announces Change of Name and Launch of New Divisions

Mar 5 2008 // ATLANTA, March 5, 2008 – Insurance Specialty Group, LLC (“ISG”) is the holding company, which owns Pacific Wholesale Insurance Brokers, LLC (“PWIB”). ISG is pleased to announce the change of...

Alabama House Votes to Raise Auto Insurance Requirements

Feb 28 2008 // The state House approved legislation Tuesday that would bring Alabama in line with about half the South by raising the minimum amount of auto liability insurance that motorists must buy. The House voted 82-0 for...

C.V. Starr to Offer Management Liability Lines from Allied World

Feb 27 2008 // California-based C.V. Starr & Co., a subsidiary of C.V. Starr & Co., Inc., and Allied World Assurance Co. (U.S.) Inc. and Allied World National Assurance Co. have entered into a program agreement whereby C.V....

Bush Declares Major Disaster in Hawaii

Feb 13 2008 // Federal funding is being made available in Hawaii in the wake of December’s stormy weather under a major disaster declaration signed by President Bush. The president ordered federal aid to supplement state and local...

Ark. Gov. Declares 3 More Counties Disaster Areas

Feb 12 2008 // Arkansas Gov. Mike Beebe has added Franklin, Marion and Newton Counties to the list of state disaster areas due to the damage caused by powerful tornadoes and violent thunderstorms on Feb. 5, taking the total to 13...

Alabama Counties Get Disaster Aid

Feb 10 2008 // Alabama residents of Lamar and Pickens counties may be eligible for federal assistance resulting from the severe storms and tornadoes that passed through the area on Jan. 10. Gov. Bob Riley encouraged homeowners and...

Miss. Gov. Declares State of Emergency on Heels of Severe Weather

Feb 8 2008 // Gov. Haley Barbour declared a State of Emergency Wednesday following the tornadoes and severe weather that struck parts of North Mississippi, including Alcorn, DeSoto, and Lafayette Counties. Barbour is requesting...

Canadian Ski Patrol, Insurance Brokers Issue Safety Warning

Feb 1 2008 // In the wake of recent skiing and boarding tragedies, the Canadian Ski Patrol System (CSPS) and the Insurance Brokers Association of Canada (IBAC) are advising Canadians to take precautions when skiing and riding this...

Chubb Joins Renewable Energy, Green Building Groups

Jan 31 2008 // The Chubb Group of Insurance Companies has joined the American Council On Renewable Energy and the U.S. Green Building Council. Peter Thompson, vice president, Chubb & Son, and worldwide energy manager for Chubb...

Calif. Lawmaker Seeks to Ban Some Risky Mortgages

Jan 24 2008 // A California legislator on Wednesday introduced a lending-regulation bill that seeks to mandate the obvious — that people who want to buy a home can actually afford the mortgage, property taxes and insurance. The...

Disaster Assistance Available for 2 Storm-Battered Alabama Counties

Jan 23 2008 // Alabama residents of Lamar and Pickens counties may be eligible for federal assistance resulting from the severe storms and tornadoes that passed through the area on Jan. 10. These counties are eligible because they are...

Ex-N.M. Deputy Insurance Superintendent on Trial for Fraud

Jan 22 2008 // The fraud and corruption trial of former state Deputy Insurance Superintendent Joe Ruiz, who is accused of trying to coerce an insurance company to donate money to his favorite charity rather than pay state fines, will...

Insurance Bureau of Canada to Newfoundland, Labrador: Remove Insurance Tax

Jan 16 2008 // The Insurance Bureau of Canada (IBC) has repeated its long-standing call to the government of Newfoundland and Labrador to remove taxes on insurance premiums. “The people of Newfoundland & Labrador have the...

Travelers Settles With States Over brokers’ Contingent Commissions

Jan 13 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in...

Travelers Settles With States Over Brokers’ Contingent Commissions

Jan 13 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia regarding how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys...

Lighthouse Underwriters Sells Retail Non-Profit Book to Cooley and Darling

Jan 10 2008 // Cooley and Darling Insurance Agency Inc. (www.cd-insure.com), a new retail agency based in Haymarket, Va., has acquired the retail book of non-profit business from Lighthouse Underwriters LLC, a member company of U.S. Risk...

Travelers Settles with States over Brokers’ Contingent Commissions

Jan 3 2008 // The Travelers Cos. Inc. will pay $6 million to settle investigations in 9 states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in...

AIG’s Lexington Insurance Adds Social Services Practice

Dec 12 2007 // Lexington Insurance Co. has formed AIG Human & Social Services Risk Solutions, a new industry practice to provide insurance and risk management products to the social services sector. The new industry practice serves...

Monitor Offers Individual Independent Director Insurance Coverage

Dec 12 2007 // Monitor Liability Managers, Inc. (Monitor), a member company of W. R. Berkley Corp., recently announced the launch of a new Independent Director Lliability (IDL) insurance policy that provides individual protection to...