St. Louis-based GMAC Insurance announced the nationwide rollout of its specialized RV insurance through independent agencies. The move comes as part of a GMAC Insurance initiative to expand its product offerings sold through approximately 10,000 independent agencies across the country. …
Connecticut Attorney General Richard Blumenthal said Saturday he has issued subpoenas as he investigates insurance broker commissions and other arrangements between an insurer and a broker in Connecticut. Blumenthal said he is investigating bonus commissions and other possible financial arrangements …
The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year. International Insurance Relations Committee: Chair Diane Koken, commissioner, Pennsylvania Insurance Department, and Vice Chair Dorelisse Juarbe Jiminez, commissioner, …
Illinois state lawmakers are considering several proposals this spring to reduce a rash of fatal accidents involving teen drivers. Here is a look at what legislators are proposing: _SB32: Increases requirements for teens to get a driver’s license, including 150 …
Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress?And are consumers and the insurance industry ready for such a scenario? Other financial industries operate under federal regulation, why …
Allstate Insurance Co.’s delays in adjusting claims in Louisiana after hurricanes Katrina and Rita were justified in light of “severe problems, impediments, roadblocks and hindrances” created by the storms, state insurance regulators said in a report issued Friday. The Louisiana …
Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The policy has the benefit of: a “trade name trigger;” up to 25 …
Trucking Auto Physical Damage Nuts & Bolts: AIX Group Inc., a specialty insurance holding company, has formed a new program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss …
We all know that catastrophes come in all forms and shapes, not just as hurricanes, earthquakes, fires and mudslides. In light of the recent devastating winter ice and snow storms that crossed the Midwest and then moved to the eastern …
James W. Good, executive vice president of trucking industry insurer Baldwin and Lyons Inc. and president of its subsidiary insurance company, Protective Insurance Co., announced he will retire from the company in May 2007, after 42 years of service. Following …
