Lawmakers in Annapolis are considering legislation to mandate that cigarettes sold in Maryland meet tough new fire safety requirements. The insurance industry is backing the measure (HB 1300) that is now before the House Economic Matters Committee. The American Insurance …
An antiques dealer, an auto mechanic and even a couple of insurance agents are among the dishonored on 2005’s Top Ten Pennsylvania Insurance Fraud cases list, released by the Insurance Fraud Prevention Authority. This year’s list shows that the people …
Delaware Insurance Commissioner Matt Denn asked for additional staff to investigate complaints against insurance companies and agents as well as fund an Internet insurance rate comparison service that would be the only one of its kind in the country. Over …
Citizens Financial Group is selling its considerable insurance agency businesses to Hub International Limited in a deal that includes a strategic alliance between the two for future sales and marketing. Hub will purchase three large insurance brokerages from subsidiaries of …
Ohio Department of Insurance Director Ann Womer Benjamin reported the Department’s “Top 10” insurance fraud cases for 2005, which involved a total of more than $5.5 million. The Department reorganized its Office of Investigative and Licensing Services in 2005 to …
Hilb Rogal & Hobbs Company reported the signing of a definitive agreement under which HRH will buy the stock of Zutz Associates Inc., Delaware’s largest independently-owned insurance agency. Terms of the transaction, which is expected to be completed by March …
Travelers personal lines, a member of St. Paul Travelers, now offers hybrid-driving Americans a 10 percent discount on auto insurance. Travelers made the discount available in 27 states with plans to roll it out in most remaining states in the …
Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …
Non-franchised Auto DealersNuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …
Virginia House Republicans have offered a $2 billion, four-year financing plan that is underwritten partly by daunting new fines on lead-footed drivers. It provides only about half the additional revenue for roads, commuter rails and transit that competing plans by …
