April 17, 2006
Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that do not like to deal with middle-men and do not like to purchase insurance through agents. According to …
April 17, 2006
Northeast states fared fairly well in the latest U.S. Chamber of Commerce ranking of states’ civil justice systems, with several in the top 10 favorites. The survey ranks states from best to worst on legal fairness based on a survey …
April 17, 2006
What has happened with auto insurance rates in South Carolina should be the ‘gold standard’ for what can be accomplished with other types of insurance,” Elanor Kitzman, South Carolina Director of Insurance told the Independent Insurance Agents and Brokers of …
April 17, 2006
The Hartford Financial Services Group Inc., a workers’ compensation insurance provider, will team up with BC Life & Health Insurance Co., an affiliate of Blue Cross of California to allow The Hartford’s workers’ compensation clients in California access to Blue …
April 17, 2006
Everyone pays their part: individuals, government, health care providers and employers,” proclaims the document outlining the latest plan to expand health insurance to all citizens in Massachusetts. The Commonwealth is sailing into uncharted waters by becoming the first state to …
April 17, 2006
State Insurance Superintendent Eric Serna has been suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating the office. Attorney General Patricia Madrid said an “inadequate controls environment” has persisted for some time within …
April 17, 2006
The Association of California Insurance Companies warned insurers that the state’s Legislature would consider a bill to establish a hidden, multi-million dollar tax on Californians to publicly fund campaigns of unknown candidates. Jeff Fuller, ACIC’s executive vice president and general …
April 17, 2006
Another round of deadly storms hit the Midwest Sunday, April 2, causing deaths, massive damage and power outages in eight states. The states affected were Illinois, Indiana, Iowa, Missouri, Ohio, Tennessee, Arkansas, and Kentucky. The new round of tornadoes hit …
April 17, 2006
A proposed tax credit aimed at helping Oahu flood victims was expanded by Senate lawmakers to cover families and businesses throughout the islands who suffered damages during the recent heavy rains. The credit would equal 10 percent of a taxpayer’s …
April 17, 2006
With the exception of a few notorious hotspots, rates for stand-alone terrorism insurance have dropped by 40 to 50 percent since 2002, according to Aon’s Crisis Management division. The reductions have been driven by a steady growth in capacity coupled …