July 24, 2006
Montana takes action against agent A Helena, Mont., insurance agent had his license suspended and was ordered to stop doing business in Montana after allegedly committing insurance fraud and deceptive and illegal sales practices, the state auditor’s office said. Bart …
July 24, 2006
Swiss Re, the world’s biggest reinsurer since it completed the acquisition of GE Insurance Solutions, has lost no time in reducing its workforce. In a move it characterized as a “process to capture efficiency gains,” the company announced that it …
July 24, 2006
Swiss Re, the world’s biggest reinsurer since it completed the acquisition of GE Insurance Solutions, has lost no time in reducing its workforce. In a move it characterized as a “process to capture efficiency gains,” the company announced that it …
July 20, 2006
Businesses insured through Des Moines-Iowa-based Hawkeye-Security Insurance, a member of the Liberty Mutual Group, will be among the first in the upper Midwest to use Open for Business, a free, web-based tool that allows them to plan for, and recover …
July 20, 2006
Federal legislation to reform the way surplus lines insurance is regulated has been approved by a House subcommittee. The Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, chaired by Rep. Richard H. Baker (La.), approved H.R. 5637 by voice …
July 20, 2006
The National Association of Professional Surplus Lines Offices offered their full support and applauded the passage of the Non-Admitted and Reinsurance Reform Act of 2006 (H.R. 5637), by the House Financial Services Committee, Subcommittee on Capital Markets, Insurance, and Government …
July 19, 2006
Arrowhead General Insurance Agency Inc. is offering a new crane-construction contractors program. Endorsements include riggers liability in addition to other coverage enhancements as part of the policy limits. Policy limits are up to $1 million/$2 million/$2 million for general liability. …
July 19, 2006
Editor’s note: This story updates campaign figures for Louisiana insurance commissioner candidates which were posted July 18 on this Web site. The three candidates running for Louisiana’s Commissioner of Insurance raised more than $1.2 million in contributions and loans since …
July 18, 2006
The three candidates running for Louisiana’s Commissioner of Insurance collected more than $600,000 since the beginning of the year. Acting Insurance Commissioner Jim Donelon raised the most of the three, with $526,325 in cash contributions and another $4,558 in in-kind …
July 17, 2006
Gov. Matt Blunt recently signed legislation aimed at increasing access to affordable health insurance for employees of small businesses. The bill, sponsored by Rep. Jay Wasson, R-Nixa, expands eligibility for association health plans by decreasing the mandatory number of members …