St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new Commercial Lines …
Georgia is joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Tuesday. Bill McCollum, who is seeking the Republican nomination to run for Florida governor, said …
Georgia Insurance Commissioner John Oxendine said that he will not participate in the first phase of recently enacted federal health care legislation that calls for the implementation of a temporary high risk insurance pool in Georgia. Oxendine said that the …
New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal insurer, said it will also offer automobile, jewelry, art, …
The number of motorcycle sales dropped in 2009 and so did the number of motorcycle thefts. The latest report from the National Insurance Crime Bureau (NICB) shows that motorcycle thefts declined by 13 percent in 2009, continuing a downward trend …
Montgomery Insurance, a Liberty Mutual Agency Markets regional company, is expanding its school program in Georgia, North Carolina, South Carolina, and Tennessee. Currently insuring more than 240 public and private schools across these four states, Montgomery Insurance said it will …
Many U.S. states are worried that the health care overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced …
Florida’s 21st Century Holding Co. announced that its subsidiary Federated National Insurance Co. (FNIC) has received a capital infusion of $10 million. The transaction follows the previously announced notice from Demotech, Inc., a rating agency, requiring that FNIC obtain additional …
The National Association of Insurance Commissioners (NAIC) recently named 18 funded and 10 unfunded consumer liaison representatives for 2010. Seven of the funded consumer representatives participated in the program in 2009, while 11 are new to the NAIC program. Established …
The Georgia Supreme Court has struck down a cap on medical malpractice awards imposed in 2005 as part of a package of legislative tort reforms. The state’s high court said the law limiting noneconomic damages in medical malpractice cases violates …
