October 9, 2006
Ernie Csiszar, the Romania-born former South Carolina regulator who two years ago was named president and chief executive officer of the then newly-formed Property Casualty Insurers Association of America, resigned from PCI effective Sept. 30. Csiszar indicated that he plans …
October 9, 2006
House passes surplus lines, reinsurance regulatory reform legislation The U.S. House of Representatives passed legislation on Sept. 27 that would apply single-state regulation and uniform standards to the nonadmitted insurance and reinsurance marketplace. H.R. 5637, The Non-Admitted and Reinsurance Reform …
October 9, 2006
Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a new liability insurance program designed to meet the needs of skilled, assisted and independent long term care (LTC) facilities across America. …
October 9, 2006
Searching for ways to improve road safety without breaking the bank, state transportation officials in the U.S. have found inspiration in ideas being implemneted abroad. Low-cost devices increasingly popping up on treacherous roadways and crammed crossroads across the nation have …
October 6, 2006
Given the chance during a debate this week to say why tourists should choose Kansas, Gov. Kathleen Sebelius mentioned the Kansas Speedway and the Rolling Stones. It was a lighthearted moment in a debate in which the Democratic governor and …
October 3, 2006
On Sept. 29, OneBeacon Insurance Group completed its previously announced renewal rights and asset sale agreement that transfers its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group, Ltd., for approximately $32 million. From officies …
October 3, 2006
Recognizing that standard markets are reluctant to offer coverage to non-traditional medical practices, General Star Management Co. has expanded its physicians professional liability program beyond traditional allopathic and osteopathic physicians. The AIM program provides coverage for physicians whose practices integrate …
October 2, 2006
Kansas Commissioner Sandy Praeger has announced that Kansas Insurance Department employee, Randy Adair, chief fraud investigator, has been selected as the 2nd vice-president of the Kansas-Western Missouri chapter of the FBI National Academy Associates. Following this initial four year commitment, …
October 2, 2006
Praetorian Financial Group, Inc., itself a specialty insurer, said it has completed the acquisition of Alea North America Specialty Insurance Company (ANASIC), which following regulatory approval will be renamed Praetorian Specialty Insurance Company. Alea, a non-admitted carrier, is authorized to …
October 1, 2006
Embroiled in a bitter re-election campaign, Attorney General Phill Kline on Friday lost one of his key legal and political advisers when Bob Stephan, a former Kansas attorney general, announced his resignation. Stephan, who served as a special assistant attorney …