March 6, 2006
Delaware Insurance Commissioner Matt Denn asked for additional staff to investigate complaints against insurance companies and agents as well as fund an Internet insurance rate comparison service that would be the only one of its kind in the country. Over …
March 6, 2006
Three former makers of lead paint created a public nuisance that continues to poison Rhode Island children, a jury ruled in a verdict that could saddle the companies with millions in cleanup costs and embolden other states to sue, too. …
March 6, 2006
Provide uniform and efficient regulation. Empower consumers by enabling insurers to respond quickly and creatively to their needs. Allow the competitive marketplace to be the primary influence on rates and product design. Establish a national regulator focused mainly on insurer …
March 6, 2006
TITLE: ANDRé P. JUNEAU 1959 – 2006 André P. Juneau, senior vice president of Nieman Hanks Puryear, a division of Frost Insurance Agency Inc., Austin, and former president of the Independent Insurance Agents of Texas, died Feb. 14 in Austin. …
February 20, 2006
Rhode Island’s leading workers’ compensation carrier is facing an audit and a probe into a whistle blower’s allegations as it pushes for legislation opposed by the Carcieri administration. Department of Business Regulation Director A. Michael Marques told The Providence Journal …
February 20, 2006
While nobody wants to report a loss, there are several insurers that are not bothered if they don’t report a profit. They serve the nonprofit market and are themselves nonprofit organizations. One of the nonprofit insurers in the market is …
February 20, 2006
JPMorgan Chase & Co. has agreed to sell its life insurance and annuity underwriting business to Protective Life Corp. for about $1.2 billion in cash. JPMorgan Chase has its corporate headquarters in New York and its U.S. consumer and commercial …
February 20, 2006
Three independent insurance agencies were among the “50 Best companies to work for in Texas” honored at a luncheon hosted by the Texas Assosiation of Business, Texas Monthly magazine and the Society for Human Resource Management-Texas State Council. Higginbotham & …
February 20, 2006
The California Department of Insurance has launched a new Web site to fight workers’ compensation fraud . The site, accessible on the California Department of Insurance (CDI) web site (www.insurance.ca.gov), will provide regularly updated data on workers’ compensation fraud convictions …
February 20, 2006
Farmers Insurance Group has been fined $1 million following settlement negotiations about how it handled consumer claims. Farmers, consisting of Farmers Insurance Exchange, Fire Insurance Exchange, Mid-Century Insurance Co., and Truck Insurance Exchange, agreed to the settlement to resolve a …