March 20, 2006
Community Banks Nuts & Bolts: OneBeacon Insurance, working with select independent insurance agents, has developed a solution for the increasingly complex risks of community banks through a combination of coverages designed specifically for these financial institutions and broader property and …
March 20, 2006
Pennsylvania Insurance Commissioner Diane Koken announced she will stop sending insurance agents’ fingerprints to a national repository, just days after a bill backed by the state’s independent agents that would have prohibited the state’s participation was introduced in the Pennsylvania …
March 20, 2006
Contractors Construction LiabilityNuts & Bolts: Lincoln Insurance Company (A.M. Best’s “A-” Rated) increases its role in the marketplace by teaming with First Capital Group’s Midwest Contractors Construction Program. The program is available in Illinois, Indiana, Wisconsin, Michigan, Iowa Oklahoma, Missouri, …
March 20, 2006
Iowa-based Progressive Direct Insurance has kicked off a pilot program aimed at providing discounts to policyholders based on the mileage on their odometers. The premise, according to Progressive, is that drivers could control how much they pay for car insurance …
March 17, 2006
The National Association of Insurance Commissioners’ (NAIC) Market Regulation & Consumer Affairs (D) Committee recently adopted the Authorization for Criminal History Record Check Model Act during the NAIC Spring National Meeting. The Act provides the basic regulatory framework for the …
March 16, 2006
Des Moines, Iowa-based The Principal Financial Group will appoint Michael T. Dan to the company’s Board of Directors at its May 15-16, 2006 meeting. Currently Dan is chairman, president and chief executive officer of The Brink’s Company. Prior to joining …
March 13, 2006
Insurers for three former lead paint manufacturers are seeking to drop or limit insurance policies held by the paint companies, lawyers said. Underwriters at Lloyd’s of London filed the lawsuit in New York State Supreme Court last month after a …
March 6, 2006
Dozens of federally insured medical providers have been blocked from helping the Gulf Coast recover from Hurricane Katrina because their liability protection doesn’t apply outside their own states. Doctors and nurses from community health centers across the country who encountered …
March 6, 2006
Republican legislative leaders in Iowa are hoping to cap excessive damage awards with a proposal that would slap a $500,000 limit on punitive damages assessed in medical malpractice lawsuits. Senate Republican President Jeff Lamberti said doctors are being forced out …
March 6, 2006
The Agribusiness Conference, hosted by the Insurance Skills Center, is filed for continuing education credits in more than 30 states. Conference locations for 2006 include: March 15-16 Sacramento, Calif.; May 22-23 Hartford, Conn.; June 26-23 Denver, Colo.; July 17-18 San …