Three northeast states have the lowest crime rate, while Nevada, Louisiana and South Carolina have the highest crime rate, according to a new study. New Hampshire (1) received the lowest crime rate ranking again this year, followed by Vermont (2) …
The Connecticut Insurance Department has ordered Boston-based Liberty Mutual Insurance Cos. to pay nearly $930,000 in fines and restitution for overcharging thousands of customers, settling claims incorrectly and violating state laws in the appointment and licensing of agents. The total …
U.S. Senate Majority Leader Harry Reid vowed Monday to push to recoup millions of dollars in executive bonuses at taxpayer-funded insurer American International Group, but the legislation appeared to be losing momentum in the Senate. President Barack Obama voiced concern …
While insurance consumer advocates step up their criticism of insurers’ use of credit scores, the American Insurance Association (AIA) and Property Casualty Insurers Association of America testified before a Minnesota Senate committee against legislation that they said would take away …
Kate Westover, vice president of Alternative Risk Financing at Innovative Captive Strategies, has received the 2009 Distinguished Service Award from the Captive Insurance Companies Association (CICA). Based in Colchester, Vermont, Westover has 20 years experience in the captive insurance industry …
Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …
A busload of activists representing working- and middle-class families paid visits Saturday to the lavish homes of American International Group executives to protest the tens of millions of dollars in bonuses awarded by the struggling insurance company after it received …
The Insurance Brokers and Agents of the West (IBA West) installed the association’s new officers and directors. The following will serve in 2009: President Richard E. Dinger of Crescenta Valley Insurance, who is the association’s youngest president; President-Elect: Kevin M. …
Connecticut’s attorney general says documents turned over to his office by American International Group Inc. shows the company paid out $218 million in bonuses, higher than the $165 million previously disclosed. Attorney General Richard Blumenthal’s office received the documents late …
Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the stimulus bill will jump-start spending, some …
