Three Kansas community colleges have created an insurance consortium after their insurance provider raised rates and said it wouldn’t insure schools that allow concealed weapons on campus. The Independence Community College board of trustees voted last week to join Coffeyville …
Thousands of Washington state employees received furlough notices Monday telling them they face a temporary layoff unless state lawmakers agree on a budget this week to prevent a government shutdown. Washington’s two-year budget comes to a close at the end …
There aren’t enough doctors in Nevada, and the shortage is likely to get worse as tens of thousands of people become newly insured under the federal health care overhaul. A study released this year by University of Nevada School of …
Former American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg must face a fraud lawsuit brought by the New York attorney general, the state’s highest court ruled. The state can pursue its case over a sham reinsurance transaction and …
Fire crews defending resort towns, homes and cabins against a massive wildfire in Colorado’s southwest mountains were looking for a break Tuesday after nearly a week of unrelenting winds. Tim Foley, a fire behavior expert working the 117-square mile blaze, …
Vermont’s Department of Financial Regulation is getting a new deputy commissioner in the Insurance Division. St. Johnsbury, Vermont-native Crosby Sherman is going to start on July 8. Sherman began his career at Vermont’s Department of Financial Regulation in the 1980s, …
The Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has certified the latest version of AIR Worldwide’s hurricane model. The commission has been certifying models for use by insurers for developing Florida residential and commercial residential property rate filings since …
Financial impairments in the property/casualty insurance industry fell more in line with recent trends and historical levels in 2012, following a sharp spike in 2011. There were 21 P/C impairments in 2012, a sizable decrease from the 34 reported for …
XL Group appointed John Ellis as a regional vice president for its North America Marine business in New York. In his new role, Ellis will be responsible for managing and building XL Group’s Marine Cargo, Primary and Excess Marine Liability, …
Allstate Corp. is among insurers retreating from the Long Island, New York, homeowners market after superstorm Sandy and should be compelled to offer coverage there, New York Senator Charles Schumer said. Liberty Mutual Holding Co. and Bloomington, Illinois-based State Farm …
