The Missouri Department of Insurance’s annual complaint index report has been posted at the department’s Web site, insurance.mo.gov, under the Information About Insurers section. Users can search more than 10,000 complaints against more than 600 insurance companies doing business in …
The years-long struggle between the State of Texas and State Farm Insurance Company over homeowners insurance overcharges may be coming to a close soon, as Texas Insurance Commissioner Mike Geesling is expected to rule on the case this summer. Pick …
Private equity firm Aquiline Capital Partners LLC, which is run by Jeffrey Greenberg, said Tuesday it agreed to buy insurance services provider Conning & Co. from Swiss Reinsurance Co. Ltd. Terms of the deal were not disclosed. Hartford, Connecticut-based Conning …
A new deadline of July 15 has been set for settling the terms of State Farm’s withdrawal from the Florida insurance market. Representatives of Florida insurance regulators and State Farm Florida had hoped to resolve their differences by June 15 …
California Insurance Commissioner Steve Poizner announced that the California Department of Insurance Conservation & Liquidation Office (CLO) has settled four lawsuits that arose from the 2003 failure of Fremont Indemnity Co., a national workers’ compensation insurer that was headquartered in …
The Hawaii Department of Consumer and Business Services, Insurance Division has approved a rate hike of 12.1 percent for Hawaii Medical Service Association (HMSA). The state’s largest health insurer plans to raise premiums for small businesses an average of 12.1 …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Horace Mann Educators Corporation’s (HMEC) P/C group, Horace Mann Insurance Group, its members and HMEC’s life/health insurance company, Horace …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of the Bermuda-based Through Transport Mutual Insurance Association Limited (TTB), and its wholly owned subsidiary, the UK-based TT Club Mutual …
Florida’s domestic property insurance companies are opposing a bill on Gov. Charlie Crist’s desk that would deregulate rates for a few large national carriers but leave their own rates subject to state regulation. Gov. Crist has until June 27 to …
Big European reinsurers said on Friday that they still expected no major losses from an influenza outbreak that the World Health Organization (WHO) this week declared the first flu pandemic of the 21st Century. “The WHO moving to phase 6 …
