A proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations could leave policyholders in jeopardy, according to critics trying to halt the deal that is before Delaware regulators. The proposed buyout was the subject …
Financial analysis and actuarial services firm Demotech, Inc. has been designated an official Research Partner of Insurance Journal. The Columbus, Ohio-based company will provide research, actuarial and statistical support for the Insurance Journal editorial team and participate in joint reports …
Silicon Valley, Calif., oenophiles are on alert after a brazen robbery occurred on Jan. 4, when thieves broke into a posh home and stole more than 150 bottles of wine. Estimated value: $500,000. The heist — thought to be one …
A Shreveport, La., police officer resigned after he was accused of changing a police report to claim that his wife had insurance when another car hit hers. Cpl. Ronald Small and Tracey Small were booked Jan. 12 at Caddo Correctional …
Lawmakers and Gov. Minner moved quickly, hoping DaimlerChrysler gets the message and keeps its plant open The Delaware Senate and House moved swiftly earlier this month to pass a bill containing major reforms of the state’s workers’ compensation system. Gov. …
Nearly one out of every five customers considers switching insurance companies after a collision claim, according to a new the J.D. Power study. “Filing an insurance claim is a critical moment of truth that shapes a customer’s overall perception of …
To some outsiders, insurance agents are threatened with obsolescence. Commoditized products, the information available online and the decreasing value placed on personal relationships could lead insureds to devalue the role of agents and, instead, make decisions on their own. A …
Louisiana’s state-run insurer won approval for big rate increases on Jan. 17, 2007, meaning double- and triple-digit hikes in insurance costs for homeowners and businesses along the coast. The increases for Citizens Property Insurance Corp. will immediately affect about 140,000 …
In some of its specific provisions Delaware’s workers’ compensation reform law (SB1): directs that a new workers’ compensation rating plan be filed with the Insurance Commissioner within 90 days of the effective date of a medical payment system and practice …
Understanding the differences among drivers in different gender and age categories is crucial to preventing serious injuries, according to researchers in a new study showing statistical differences in traffic-accident injuries depending on the gender and age of drivers. The new …
