The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just entered into a renewal rights agreement with OneBeacon Insurance …
U.S. lawmakers moved Tuesday to force release of documents that may show whether the New York Federal Reserve pressured insurer AIG to limit discussions about payments to banks when current Treasury Secretary Geithner led the New York Fed. The Democrat …
Reforming Oklahoma’s workers’ compensation system will be among state Senate Republicans’ top legislative goals for 2010. Republicans, who enjoy a majority in the Oklahoma Senate, are led by Senate President Pro Tem Glenn Coffee (R-OKC) and Majority Floor Leader Todd …
Insurance agents, a former insurance commissioner and a consumer advocate have sounded an alarm about the property insurance marketplace in Florida, a market that has seen four insurers get into financial trouble in the past year. Citing the insurers’ financial …
The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a thorny problem — lower investment income. According to Dr. Robert Hartwig, president …
Judy Schurke, director of Washington’s Department of Labor & Industries (L&I), said the state’s workers’ compensation system is not at risk of going insolvent and that characterizing it as such is wrong. Schurke said she is concerned that characterizations of …
The Hanover Insurance Group, Inc. reports it has enhanced its ocean cargo insurance offering and related loss control capabilities. This product provides worldwide coverage on goods in transit via vessel, air or land, including coast-wise and inter-coastal shipments. It can …
There has been an upside to the slowdown in construction activity in New York City: Fewer fatal workplace accidents. City officials reported Thursday that there were only three fatalities at New York building sites in 2009. That’s down from 19 …
Jefferson Parish President Aaron Broussard, a Democrat who rose from small-city mayor to lead Louisiana’s most populous parish, has resigned as federal officials investigated alleged corruption in parish government. His resignation preceded that of Tim Whitmer, who quit as Jefferson’s …
State insurance fraud fighting bureaus are seeing a significant spike in fraud cases while trying to manage with lower budgets and staffing in the downturned economy of 2009, according to a survey by the Coalition Against Insurance Fraud. Cases increased …
