New York-based Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired Puget Sound, Ore.-based Vern Fonk Insurance Services Inc. Vern Fonk serves Washington and Oregon. The acquisition broadens Confie Seguros’ presence and is …
California Insurance Commissioner Steve Poizner announced that the California Low Cost Automobile Insurance Program (CLCA) saw an 18.9 percent increase in use in 2009, compared with the year before. An aggressive outreach program and the tough economic conditions are credited …
The Main Street America Group launched its new Main Line Business Owners Policy (BOP) property and liability product. The insurer also launched Main Street Station for commercial lines quoting and policy issuance system in Maine, Rhode Island, Vermont and South …
North Dakota Rep. Earl Pomeroy, who has been mentioned as a potential president of a Washington organization that represents life insurance companies, said he would not accept the position. “If they offered me the job, I would decline. I am …
Massachusetts insurance regulators will allow some Toyota drivers who were involved in accidents linked to unintended acceleration to appeal insurance surcharges assessed by their carriers. The move follows Toyota’s decision to recall 4.2 million vehicles with potentially dangerous gas pedal …
The 81-year-old former mayor of Niles, Ill., was sentenced to a year and a day in federal prison for taking thousands of dollars in exchange for steering businesses to a friend’s insurance agency. Nicholas Blase, who was mayor for 47 …
With plans to pass sweeping health care reform stalled in Congress, the White House is targeting smaller efforts to improve the nation’s health care system, such as increasing use of cheaper, generic medicines and boosting electronic medical records. The Obama …
Louisiana Commissioner of Insurance Jim Donelon has named Lori Joubert Cherry to serve as Deputy Commissioner of Public Affairs where she will manage the department’s public relations activities. Her appointment was effective Jan. 25, 2010. Cherry has worked as a …
A controversial regulatory filing detailing the federal bailout of American International Group Inc. could put the spotlight back on the former executive who headed the division most responsible for the insurer’s near collapse in September 2008. The five-page filing raises …
European insurance regulators need a little more time to thrash out a compromise on rules for annuity providers that UK insurers fear could force them to raise up to £50 billion ($81 billion) of capital. Regulators want insurers to put …
