Atlanta-based Builders Insurance Group and the Home Builders Association of Georgia agreed to resolve and conclude HBAG’s proxy contest and other outstanding issues between the parties. Earlier this year when Builders Insurance, a mutual captive insurer for Georgia homebuilders, modified …
The U.S. property/ casualty industry’s reported statutory surplus at the end of the third quarter is projected to decline as much as $42 billion, or 8 percent, from the beginning of the year, according to estimates from the professional services …
The Property Casualty Insurers Association of America unveiled results of an independent report which found that the North Carolina Insurance Underwriting Association, a.k.a. the Beach Plan, is not financially prepared to weather a major storm. PCI commissioned Milliman Inc. to …
Calif. Gov. Arnold Schwarzenegger has signed Assembly Bill 1874 and Senate Bill 1145 into law to help increase transparency and strengthen corporate governance at the Golden State’s workers’ compensation insurer, the State Compensation Insurance Fund. AB 1874 expands the State …
West Bend Mutual Insurance Company of Wisconsin (No. 1), Central Mutual Insurance (No. 2), Safety Insurance (No. 3), Frankenmuth Insurance (No. 4), and Selective Insurance (No. 5) earned the top five spots when it comes to Ease of Doing Business …
Mercury General Group topped the list of least complained-about auto insurers in New York last year, according to a newly released ranking by the state’s insurance department. Mercury, which has $32 million in written premium in the state, had the …
Identity Theft Rules to Take Effect on November 1 New federal “Red Flag” regulations will soon require businesses of all sizes to have identity theft and data breach protections in place. By Nov. 1, 2008, the date at which the …
Identity Theft Rules to Take Effect on November 1 New federal “Red Flag” regulations will soon require businesses of all sizes to have identity theft and data breach protections in place. By Nov. 1, 2008, the date at which the …
Medical professional liability insurer Medical Protective announced a 6.2 percent average rate decrease for physicians in Texas, effective Jan. 1, 2009. The rate change represents the sixth rate reduction for the insurer in the last four years. Cumulatively, the company …
German insurers said on Wednesday they don’t intend to use Berlin’s 500 billion euro ($683 billion) rescue fund, while public-sector banking officials traded barbs over who might be first to ask for cash. Nikolaus von Bomhard, chief executive of the …
