February 10, 2010
Washington is one step closer to allowing the creation of a flood insurance joint underwriting association (JUA), a publicly sponsored, temporary, not-for-profit insurer of last resort to provide insurance when certain types of coverage become unavailable on the open market. …
February 10, 2010
Keystone Insurers Group has named Erica Grimm as head of it Employee Benefits Division in Pennsylvania. Grimm previously represented Emerson Reid & Co. as broker relationship manager responsible for the Keystone relationship. She is a 16-year veteran in employee benefits …
February 10, 2010
The New York Insurance Department has officially released a new set of rules that will require insurance agents and brokers to provide some detailed information to clients about how agents are paid. The new regulation, which goes into effect Jan. …
February 10, 2010
J. Curtis Breitweiser, owner of Ogden, Utah-based Breitweiser Insurance Services Inc., has received the 2009 Agent of the Year award from the Utah Association of Independent Insurance Agents. He has been a past president of the UAIIA and currently serves …
February 10, 2010
The Insurance Council of Texas reports that the number of people injured and killed in automobile accidents in Texas has continued to decline since 2003. Both fatalities and injuries are down more than 20 percent since the Texas Department of …
February 9, 2010
B&B Insurance Agency & Bail Bonds has opened in Salisbury, Maryland. Agency Principal LaVerne Marie Boone says the recently established agency offers policies from a several insurers — including Foremost and Travelers — and offers auto, home, boat, recreational vehicles …
February 9, 2010
An insurance company is paying $5 million to settle a case of a North Carolina driver that struck and killed two bicyclists in South Carolina. The State newspaper reported that a federal judge approved the settlement for the family of …
February 9, 2010
Massachusetts has reached a settlement with the Bay State’s largest auto insurer, Commerce Insurance Co., over its failure to report at-fault auto accident determinations made by the state’s board of appeals, according to the attorney general’s office. The board of …
February 9, 2010
Joseph G. Murphy has been named commissioner of the Massachusetts Division of Insurance. Murphy has served as first deputy commissioners since 2006, playing active roles in the implementation of the managed competition auto insurance regime and the day-to-day operations of …
February 9, 2010
Toyota faced its first U.S. class-action lawsuits stemming from complaints of faulty brakes in its top-selling Prius hybrid car and from investors claiming they were misled about problems with unintended acceleration in a wide range of models. Litigation mounted as …