April 27, 2007
Sen. Joe Lieberman, D-Conn., and House Republican Whip Roy Blunt R-Mo., addressed 1,400 independent insurance agents and brokers at the Independent Insurance Agents & Brokers of America’s National Legislative Conference & Convention this morning. Sen. Lieberman emphasized the importance of …
April 25, 2007
Denver-based Pinnacol Assurance, a Colorado workers’ compensation insurer, announced it will issue a general dividend to its policyholders. In mid-May, enearly 56,000 eligible Colorado businesses will receive dividend checks totaling $60 million. “Issuing a general dividend for the third straight …
April 24, 2007
Oklahoma’s landscape is in constant motion with the activity of oil wells, their seesaw-like movements pumping oil and natural gas to the surface and fueling the state’s economy. Oil wells are also a source of income for hundreds of thousands …
April 23, 2007
Some say private market insurance is sufficient, while others claim federal help is needed to solve a ‘national problem’ Two U.S. Senate committees — the Committee on Banking, Housing and Urban Affairs, and the Committee on Commerce, Science and Transportation …
April 23, 2007
What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in 2005. Lloyd’s also achieved an extremely good combined ratio of 83.1 percent, compared …
April 23, 2007
Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the Insurance Industry Charitable Foundation’s 8th Annual …
April 23, 2007
Lloyd’s posts more than $7 billion in record pre-tax profit What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in 2005. Lloyd’s also …
April 23, 2007
Congressional hearings examine the need for national disaster solution Two U.S. Senate committees — the Committee on Banking, Housing and Urban Affairs, and the Committee on Commerce, Science and Transportation — met this month to examine the response of the …
April 23, 2007
Capital markets, technology and the use of mass media could be disruptive forces in the insurance industry in the near future, according to Paula Reynolds, CEO of Seattle-based Safeco Insurance Co. Speaking at the Insurance Industry Charitable Foundation’s 8th Annual …
April 19, 2007
Workers’ compensation insurance is costing less for most Vermont employers since new rates became effective April 1. The Vermont Department of Banking, Insurance, Securities and Health Care Administration approved loss cost and rate reductions that affect rates charged by private …