More than 20 states are considering a compact formed by the National Association of Insurance Commissioners (NAIC) that would create uniform national product standards and provides a central point of filing for insurers, the group said in a statement. According …
Tort reform continued to advance in the Midwest last week as legislators in the House of Representatives in Iowa and Missouri passed measures that would put caps on noneconomic damages in medical liability cases. The Iowa House passed HB 2440, …
One TPA Says It Has the Secret At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the …
Aegon, the Netherlands’ insurer and financial services giant, reported fourth quarter net income rose 32 percent to 470 million euros ($573 million), while full year earnings rose 16 percent to 1.793 billion euros ($2.187 billion). In 2002 Aegon earned 355 …
Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co. announced the acquisition of Don Laster Agency Inc. of Urbandale, Iowa. Terms of the transaction were not disclosed. In business since 1983, the Don Laster Agency offers a wide range of …
Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship with torts, but they did …
Farmers in 13 states now have the opportunity to reduce the cost of their crop insurance by up to 10 percent, in an innovative program approved recently by the U.S. Department of Agriculture (USDA). Crop1 Insurance Inc. announced that it …
Joe Weckerle Jr. Joe Weckerle Jr. was hired by R.E. Chaix & Associates to replace recently retired senior vice president Steve Wessel. Weckerle joins the Irvine, Calif.-based company after serving as branch manager and partner in ARIS Insurance from 1992 …
Arkansas Insurance Commissioner Mike Pickens issued a recommendation to all licensed property/casualty insurance companies, the National Association of Insurance Commissioners, trade associations and other interested parties concerning an innovative tool to collect past due child support. Pickens said the tool …
Farmers in 13 states now have the opportunity to reduce the cost of their crop insurance by up to 10 percent, in an innovative program approved recently by the U.S. Department of Agriculture (USDA). Crop1 Insurance Inc. announced today that …
