January 11, 2010
Last Friday was a dollar deadline in the race for Georgia governor as the crowded field of candidates faced a key hurdle: demonstrating they can raise enough cash to go the distance. With several candidates still not reporting their fundraising …
January 11, 2010
Elizabeth “Beth” Sammis has been appointed Interim Maryland Insurance Commissioner, overseeing the regulation of Maryland’s $26 billion insurance industry. Sammis has served as deputy commissioner for the Maryland Insurance Administration since 2007 focusing on legislative and regulatory policy, with an …
January 11, 2010
State insurance fraud fighting bureaus are seeing a significant spike in fraud cases while trying to manage with lower budgets and staffing in the downturned economy of 2009, according to a survey by the Coalition Against Insurance Fraud. Cases increased …
January 11, 2010
Michigan regulators report they recovered a record $33 million for financial services and insurance customers in 2009. Insurance Commissioner Ken Ross said the $33 million in consumer recoveries breaks the previous record of $17 million set by the agency in …
January 11, 2010
Los Angeles-based Worldwide Facilities has added new hires for its San Francisco office. Tom Ciardello is now senior vice president and manager. Brian Duffy is vice president and casualty broker. Before joining Worldwide, Ciardello headed up the All Risks Ltd. …
January 10, 2010
California Gov. Arnold Schwarzenegger has submitted to the Legislature his proposed 2010-11 budget — and called for “greater reductions in nearly every aspect of state government than were necessary in 2009.” “With our national economy still struggling to recover, California, …
January 8, 2010
A legal watchdog group has asked a court to order U.S. securities regulators to cough up records showing they implemented promised reforms following their failure to detect Bernard Madoff’s massive Ponzi scheme. In a lawsuit filed Wednesday in federal court, …
January 8, 2010
Baton Rouge, La.-based LUBA Workers’ Comp policyholders’ claims fell more than 4 percent in 2009 compared with 2008. The company said several of the top categories of accidents dropped as well. Slips, trips and falls – the single biggest category …
January 8, 2010
Hundreds of people who canceled a cruise vacation booked though Florida travel agents because of illness say the insurer didn’t pay. Health News Florida reports that Florida’s Department of Financial Services began its investigation into Prime Travel Protection Services a …
January 8, 2010
Oklahoma State Rep. Steve Martin has filed a bill that would allow law enforcement officials to impound vehicles that are found to be uninsured. “This bill addresses one of the most consistent demands of voters in my district and across …