November 1, 2009
The Independent Insurance Agents & Brokers of New Hampshire (IIANH) has elected new officers and directors. They are: Chairman Edwin Duvall, president of Lakeside Insurance Agency Inc./C&G Insurance; Chairman-Elect Robin Logel, marketing manager of Noyes Insurance Agency; Vice Chairman Ryan …
November 1, 2009
An attorney representing the owner of a chimpanzee that mauled and blinded a woman is calling the attack a work-related incident and said her family’s case should be treated like a workers’ compensation claim. The strategy, if successful, would severely …
November 1, 2009
Insurance agencies and other businesses would do well to pay attention to flu news. I fear for you, insurance-selling America. Maybe it’s because I sit cooped up all day in my home office – away, thankfully, from the world and …
November 1, 2009
Cooperation Emboldens AG in Lawsuit against Guy Carpenter The Hartford’s reinsurance division, Hart Re, ceased selling reinsurance in 2003. The Hartford will pay $1.3 million to settle allegations over its role in a scheme to improperly inflate insurance and reinsurance …
November 1, 2009
AmTrust, American Capital New York-based AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately …
November 1, 2009
The Connecticut Insurance Department’s Consumer Affairs unit says it recovered more than $700,000 for consumers in the third quarter. The department received 1,696 complaints this quarter – a typical amount for a three-month period – and less than half of …
November 1, 2009
Illinois Director of Insurance Michael McRaith has suspended the operations of medical liability insurer Professional Liability Insurance Company of America (PLICA). Under the Department of Insurance order dated Oct. 22, 2009, PLICA is prohibited from writing new policies or renewing …
November 1, 2009
State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of …
November 1, 2009
AmTrust, American Capital AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately $42.5 million. …
November 1, 2009
A jurisdiction-wide ban on driving while talking on a hand-held cell phone is in place in 7 states (California, Connecticut, New Jersey, New York, Oregon, Utah, and Washington) and the District of Columbia. Utah has named the offense careless driving. …