October 20, 2010
Russia could join the World Trade Organization within a year after talks on Moscow’s 17-year-old bid made good progress, President Barack Obama’s senior economic adviser said on Wednesday. “We are certainly hopeful that well before 12 months from now, this …
October 20, 2010
One candidate to be Georgia ‘s next insurance commissioner thinks the state should build on its risk management schools to become a national leader in alternative risk transfer innovation. Another wants the state to eliminate its tax on premiums and …
October 20, 2010
CNO Financial Group Inc., based in Carmel, Ind., announced it has received regulatory approvals for the previously announced plan to consolidate three insurance companies. Under the consolidation plan, two CNO insurance subsidiaries – Conseco Insurance Co. and Conseco Health Insurance …
October 20, 2010
“2011 will be another challenging year,” said Roger Sellek, the CEO of A.M. Best Europe – Rating Services Limited, at the rating agency’s annual review of the state of Europe’s insurance industry. Speaking to an attentive audience at the Grange …
October 19, 2010
Aon Benfield launched a market update for the key Asia Pacific reinsurance hubs of Australia/New Zealand, Japan, Singapore and China at the recently concluded East Asian Insurance Congress (EAIC) in Bali. The announcement gave the following details for each of …
October 19, 2010
Allstate has agreed to pay $10 million to 45 states in a regulatory settlement involving its use of claims handling software. New York State Insurance Superintendent James J. Wrynn said the agreement follows an 18-month targeted National Association of Insurance …
October 19, 2010
Although Florida’s next chief financial officer will take charge during one of the rockiest times in the state’s financial history, the race has received little attention amid higher-profile races for the U.S. Senate and governor. Florida Senate President Jeff Atwater, …
October 19, 2010
Georgia voters going to the polls on Nov. 2 will have a choice when it comes to electing the state’s next insurance commissioner. The Democratic, Republican and Libertarian candidates cite different priorities; hold different positions on issues including credit scoring, …
October 19, 2010
Court officials say nearly 300 people continue to drive on Maine roads with suspended licenses after failing to be notified their licenses were suspended. Court officials told the Morning Sentinel that the drivers in question had their licenses suspended when …
October 19, 2010
A federal jury has awarded more than $650,000 to two Ohio tourists who were arrested in New Orleans, La., on public drunkenness charges two days before Hurricane Katrina and jailed for more than a month in the storm’s chaotic aftermath. …