Many Floridians already facing soaring insurance rates will be hit by additional surcharges that could tack another 9 percent to their premiums next year. The Florida Insurance Guaranty Association approved a new 2 percent surcharge. It will be added to …
Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The stoppage applies to the writing of …
As expected, auto insurance rates in Massachusetts will be going down again in 2007, this time by as much as 11.7 percent on average statewide. The new rate takes effect April 1, 2007, and translates to an average decrease of …
The Board of Directors of Fireman’s Fund Insurance Co. has elected Joseph J. Beneducci as CEO of the property and casualty insurance company. His appointment takes effect on Jan. 1, 2007. Beneducci previously served as president and chief operating officer. …
Countrywide Financial Corp. announced that Countrywide Insurance Group’s automobile insurance product is now available to consumers in Colorado, Illinois, Indiana and Nevada. The product was first introduced in Arizona in Sept. 2006. According to a company statement, residents can obtain …
Construction has started on a new state fire academy in Lewis County, W.Va. The $6.3 million building, scheduled to be finished in June near the Jackson’s Mill State 4-H Conference Center, will replace the current academy in Morgantown where firefighters …
St. Paul Travelers said Dec. 1 that it will stop renewing many commercial insurance policies in the New Orleans area next year, stoking fears that other insurers are prepared to pull out of the market after Hurricane Katrina. The state’s …
John W. Bailey, of Dryden, N.Y., executive vice president of George B. Bailey Agency Inc., is an independent insurance agent who goes above and beyond to help those around him. Bailey completed the New York City Marathon last month and …
The United States and Japan have agreed on guidelines designed to improve the safety of consumer products in the two countries, the U.S. Consumer Product Safety Commission said. Under the agreement, the two countries will share information on product safety, …
The owner of a Locust Grove, Okla., insurance agency has been accused of illegally taking almost $6,500 in insurance premium payments, according to Oklahoma Attorney General Drew Edmondson. Leslie Lewis Kern was charged Nov. 2 in Mayes County District Court …
