May 21, 2010
The 2008 financial failure and system breakdown of American International Group Financial Products did not contribute to broader systemic effects within the insurance industry, according to a new financial services think tank report. The report also suggests that whether insurance …
May 17, 2010
Suspicious insurance claims from staged accidents are on the rise- and nowhere more than in New York and Florida, two states with no-fault statutes. Georgia and North Carolina are also among the top states. Overall, the number of questionable claims …
May 17, 2010
New York-based insurance brokerage and risk management firm Integro has hired Robert H. Easton as deputy general counsel and chief compliance officer. Easton most recently served as deputy superintendent and general counsel for the New York State Department of Insurance. …
May 17, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Allied Health and Medical Pros Market Detail: CRES Insurance Services MedSurance A&M is an insurance …
May 11, 2010
PURE Risk Management LLC, based in White Plains, N.Y., is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer comprehensive, customized property and casualty insurance coverage to responsible owners of well-built, high-value homes in Texas. The …
May 7, 2010
The Personal Lines Growth Alliance (PLGA), a coalition within the independent agency system, announced that Mercury Insurance Group is a founding financial partner. Mercury is the first of many insurance carriers that will become financial partners, according to PLGA Chair …
May 6, 2010
Three people have been arrested in the death of a Georgia insurance agent who was killed during an early morning holdup at a Waffle House restaurant in Baton Rouge, La. Sgt. Don Kelly says 21-year-old Antonius Jones of Baton Rouge; …
May 3, 2010
Travelers recognized 20 personal lines agents with its Agent of the Year award. Winners were picked for their community work, as well as high achievements in their lines of business. They are : Georgiana Carney, Pearl Carroll & Associates, Latham, …
May 3, 2010
Georgia lawmakers have voted to allow employers whose injured employees lost medical benefits when a major workers compensation carrier went under to buy into the state insolvency fund. Sponsored by Rep. Carl Rogers, R-Gainesville, who is an insurance agent, the …
May 3, 2010
40% The percentage of producers licensed in South Carolina who could lose their licenses if they missed the May 1 deadline for license renewal and completion of continuing education requirements. 38% How much higher the payment per claim for prescription …