May 7, 2010
West Virginia volunteer fire departments are protesting an increase in workers’ compensation premiums charged by BrickStreet Mutual Insurance Co. Tom Miller with the Sissonville Volunteer Fire Department says his group’s annual premium rose by 81 percent. He says the Wayne …
May 7, 2010
Transocean Ltd. said Wednesday that it has received $401 million in insurance payments for an oil rig that exploded and sank two weeks ago in the Gulf of Mexico. Transocean also said in a regulatory filing that it has recieved …
May 7, 2010
RLA Insurance Intermediaries has opened its corporate headquarters at 50 Federal St. in Boston. The firm provides market intelligence to retail insurance agents and brokers. The company says the opening will enable it to market its services throughout the regional, …
May 7, 2010
Nationwide Mutual Insurance Co. announced it will fill 1,400 job openings, including about 600 in its home state of Ohio. The Columbus-based insurance and financial services company is recruiting for entry-level customer service and claim service positions in central Ohio …
May 7, 2010
American International Group Inc. turned a quarterly profit after a year-ago loss as the bailed-out insurer got a boost from its investments and general insurance operations appeared to stabilize. Chartis, the general insurance business, saw net premiums decline, but AIG …
May 7, 2010
The North Carolina Rate Bureau has filed a proposal with the North Carolina Department of Insurance to provide homeowners insurance credits for implementing certain property protection measures, including several based on the Institute for Business & Home Safety’s (IBHS) FORTIFIED …
May 7, 2010
W. R. Berkley Corp. has appointed Collin J. Suttie as president of Berkley Medical Excess Underwriters LLC (BerkleyMed) in St. Louis, Mo. Suttie succeeds BerkleyMed founder J. Michael Foley, who will continue to be involved with W. R. Berkley Corp. …
May 7, 2010
Zurich has introduced Z-Rx Insurance Solutions, which offers 27 healthcare coverages, including professional liability, general liability, property, security & privacy, management liability products and more, such as: Access to product endorsements, including eDiscovery services, for qualified customers The ability to …
May 7, 2010
The Idaho Department of Insurance announced that Gina McBride has been selected as the new bureau chief of consumer services replacing Jim Genetti, who is retiring in June. McBride has been employed by the department for 10 years. In 2007, …
May 7, 2010
Montana State Fund said its workers’ compensation insurance rates are going down by an average of 4 percent. The fund, which provides the insurance to more than 28,000 employers around the state, says the rate decrease will go into effect …