February 22, 2009
$105 The current per vehicle assessment charged by the Michigan Catastrophic Claims Association to help pay claims of seriously injured accident victims. Michigan is the only state to offer unlimited lifetime medical benefits for people seriously injured in auto accidents. …
February 22, 2009
6.4% The workers’ compensation rate increase approved by Florida Insurance Commissioner Kevin McCarty effective April 1. The increase reflects the impact from the Oct. 23 Florida Supreme Court opinion in the case of Emma Murray v. Mariner Health Inc. That …
February 22, 2009
5.4% The average decrease the Automobile Club of Southern California customers will receive for auto insurance policies beginning on April 1, 2009. The company announced it would be implementing a $101 million rate reduction for insurance policyholders in California. The …
February 18, 2009
New restrictions on teen drivers and legislation allowing police to pull over motorists for not wearing their seat belts advanced in the Arkansas Legislature. Meanwhile, senators gave final approval to a bill that requires proposed legislation to say if it …
February 10, 2009
The number of Americans ensnared by identity theft is on the rise, but victims are striking back more quickly and limiting how much is stolen. In 2008, the number of identity theft cases jumped 22 percent to 9.9 million, according …
February 3, 2009
The Main Street America Group, a super regional property/casualty insurance carrier, announced the availability of its new Main Line business owners policy (BOP) product and Main Street Station for commercial lines quoting and policy issuance system in Arizona, Nevada, Pennsylvania …
February 2, 2009
Lockton announced that is launching a unique set of risk management services to help companies address outsourcing risk and corporate response plans for data breaches. “These services are supported by leading cyber insurance underwriters at Lloyd’s–ACE Global Markets, Brit Syndicates …
January 22, 2009
Encino, Calif.-based NAS Insurance Services has named Michael Palotay assistant vice president and manager of errors and omissions and the technology liability department. Palotay brings extensive underwriting experience and marketing expertise to NAS. In his former position as senior insurance …
January 16, 2009
Motorists Mutual Insurance Co. is helping its commercial policyholders guard against identity theft and minimize the financial impact if a breach occurs. The company introduced its Security Breach Response Service provided by Identity Theft 911, the data breach resolution and …
January 13, 2009
Zurich North America named Ty R. Sagalow as executive vice president and chief innovation officer in the company’s North America Commercial Marketing unit. In his new position, Sagalow will oversee all of North America Commercial’s strategic product development initiatives in …