Ohio Department of Insurance Director Mary Jo Hudson has suspended the business of Chesapeake Life Insurance Company (Chesapeake) in Ohio for failure to file premium rates and forms for open enrollment coverage in accordance with and within the time period …
The National Hurricane Center said this week it will begin issuing storm watches and warnings about half a day sooner in the biggest change to its warning system in decades. When a storm is approaching land, forecasters will now send …
Californians can expect more tax increases and cuts in state services, but it’s unlikely that a sale of some of the state workers’ compensation insurer’s assets will be used to shore-up the budget. In his State of the State 2010 …
Total property/casualty insurance agency compensation is expected to decrease slightly in 2010, largely due to contingent commission changes, according to a new compensation study. Four out of 10 insurance companies plan to modify their agent compensation plans in 2010 by …
All 1,327 insurance companies licensed in California have responded to California Insurance Commissioner Steve Poizner’s request to provide data on their investments with companies doing business with Iran’s nuclear, energy and defense sectors. Previously, the Commissioner’s office was waiting for …
Workplace discrimination charges rose in 2009, reaching the second highest level ever recorded, according to federal officials. The U.S. Equal Employment Opportunity Commission reports that 93,277 workplace discrimination charges were filed with the federal agency nationwide during fiscal year 2009 …
Foremost Insurance Group is offering a new auto insurance program in Maryland that includes increased limit and deductible options. The new program, called DistinctChoice Auto, includes multi-policy discounts (Farmers, Foremost and Zurich Small Business policies qualify) and optional dynamite deductible …
On Jan. 6, the WCI Chinese Drywall Trust, an entity formed in bankruptcy proceedings of residential homebuilder WCI Communities Inc., announced it had filed suit against 14 insurance companies seeking indemnification for losses arising from claims related to allegedly defective …
Bordentown, N.J.-based New Day Underwriting Managers LLC, an environmental and construction-related professional liability resource for insurance agents and brokers, announced it is building its underweriting team by appointing Carole Carretta of Lafayette, Calif., to assistant vice president. Carretta, who will …
A sharply divided Montana Supreme Court has upheld a state law that requires someone planning to sue a bar over liability in a drunken driving crash to notify the bar within 180 days of the crash. The Supreme Court issued …
