Prices are improving in the California workers’ compensation insurance market — at least according to one specialty workers’ compensation carrier in the Golden State. According to PacificComp President and CEO James E. Little, prices have been improving as some of …
A strong start to the year has taken enough pressure off Dutch bancassurer ING Group to allow it to substantially delay or even potentially scrap the expected 2011 flotation of its insurance business. The talk of ING rethinking its timeline …
Houston-based HCC Insurance Holdings Inc. announced that Scott W. Wise has resigned from the company’s board of directors. The resignation is effective immediately. Wise’s decision was based on his acceptance of a new position of employment. Wise has served as …
Montgomery County, Maryland is trying to get rid of a lawsuit charging that the way it operates its speed camera program is illegal. The lawsuit says the county is breaking Maryland law by paying a contractor by the ticket. Affiliated …
Aon’s International Space Brokers has launched Investment Protection Insurance (IPI) for space investors.Aon says IPI is the first policy strictly for investors, and is designed to cover the loss of an investment in a space satellite, launch failure and satellite …
A U.S. judge has taken the unusual step of sanctioning a unit of Transocean Ltd, owner of the rig in the Gulf of Mexico spill, for “vexatious” tactics in fighting liability from a decades-old oil well spill in Louisiana. Attorneys …
The Hanover Insurance Group, Inc. has partnered with Identity Theft 911, an identity theft management and data-breach response service. The arrangement will enable The Hanover’s agents to provide their mid-size business customers with protection against data breaches and identity theft …
Democrats in the U.S. Senate are considering pushing legislation that would place no limits on the liability oil industry companies would face if they are responsible for oil spills, New Jersey Senator Robert Menendez said Tuesday. “We will be discussing …
Allstate Insurance Co. announced it is seeking dozens of agents in California. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own and operate their own business and represent Allstate in California,” said Sales …
A newly released disciplinary report from the Illinois Department of Insurance includes producer license denials and revocations. Director of Insurance Michael T. McRaith issued the following disciplinary orders for May 2010: • Michael George King, Robbins – Insurance producer license …
