August 19, 2013
The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — last week withdrew its proposal to gain “sole and exclusive property” rights to all MAIF policies. MAIF first announced the proposal two months …
August 19, 2013
Fidelis Group Holdings LLC, through its subsidiary company Continental Underwriters Ltd., announced the formation of its new inland marine division and appointed two managing directors for the new unit. Ed Helfers and Lisa Uzzo were named managing directors in charge …
August 19, 2013
Federal officials have cited a San Antonio, Texas-based cabinet manufacturer with 29 safety and health violations and a proposed penalty of $267,434. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Cardell Cabinetry LLC for failing to …
August 19, 2013
Louisiana’s property insurer of last resort received approval from state officials to bump up its bank line of credit, giving the company more resources to cover claim costs if the state is hit with a significant storm. The State Bond …
August 19, 2013
Boating under the influence of alcohol or drugs remains a serious problem on the Great Lakes even though the number of pilots busted for intoxication is down from a decade ago, the U.S. Coast Guard says. Agency personnel stationed on …
August 19, 2013
Iowa’s insurance regulator has approved the acquisition of West Des Moines-based AvivaUSA and subsidiaries by Athene Holding Ltd., a life insurance company owned primarily by private equity fund Apollo Global Management. Iowa Insurance Commissioner Nick Gerhart said in a statement …
August 19, 2013
Texas Commissioner of Workers’ Compensation Rod Bordelon has appointed Dr. David Davis as the medical advisor for the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC), effective Aug. 26, 2013. The medical director advises the commissioner on the adoption …
August 19, 2013
A Missouri lead company has launched an aggressive effort to persuade lawmakers to override a gubernatorial veto of a bill that would shield it from large punitive damages in liability lawsuits. The Doe Run Co. contends nothing less is at …
August 19, 2013
Jose Luis Calderon says he had the cash to buy a car, but he decided to get an auto loan so he could build up a credit history. It wasn’t until he was turned down that the 27-year-old Nampa man …
August 19, 2013
The Department of Land and Natural Resources says a skiff that floated into Oahu’s Kawela Bay may be tsunami debris. KITV-TV reported the 20- to 25-foot skiff discovered Wednesday was covered with barnacles. A state crew found no invasive species …