Hurricane Katrina has nearly knocked the wind out of George Dale’s re-election campaign for Mississippi insurance commissioner, a job he’s held for 32 years. Dale is the longest-serving state insurance commissioner in the nation. He’s been crisscrossing the state for …
Ailing ground zero workers have gone to court to demand that the company overseeing a $1 billion Sept. 11 insurance fund uses it to pay for their health care. Attorneys for the workers argue that federal officials meant for the …
For an insurer, understanding climate change is a matter of understanding trends in risk and changes in those trends. For Wendy Baker, president of Lloyd’s Amer-ica Inc., staying on top of those trends in the United States — where her …
Connecticut’s Webster Financial Corp., parent of Webster Bank that owns the state’s largest insurance agency, could be out of the insurance agency business soon. Following a strategic review begun last September, the bank has decided to focus on its core …
Texas regulators indicated they would turn down a proposal by Farmers Insurance for a 6.6 percent statewide increase in homeowners rates, so in late July 2007, the company said it will revise its plan. Ben Gonzales, a spokesman for the …
The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation arrangements between the insurer and its property/casualty agents and brokers. …
An auto insurance verification program being developed in Oklahoma does not address a growing number of uninsured drivers — illegal immigrants. The new real-time system will allow law enforcement officers to immediately determine whether or not a driver has the …
Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted late last month to add wind coverage to the National …
An insurance company that paid workers’ compensation to a Thetford, Vermont, bank employee traumatized in a hostage-taking incident is seeking to recover the money from the family of the teenager charged in the incident. Dan Eaton, 16, is serving a …
The Texas Windstorm Insurance Association (TWIA) in early June submitted a proposal to the Texas Department of Insurance for the purchase of $1.5 billion in reinsurance under a three-tiered program. On July 11, Texas Insurance Commissioner Mike Geeslin approved the …
