Workers’ compensation writers in New Hampshire want an average 2.5 percent hike for voluntary market advisory loss costs and a 12.7 percent average increase in residual market premiums, according to the most recent filing from the National Council on Compensation …
The National Association of Insurance Commissioners (NAIC) announced that it has recently formed the NAIC Executive Task Force on Broker Activities to gather facts and coordinate activities to address alleged criminal misconduct and violations of existing insurance laws involving insurance …
Northeast Financial Services, Co., Auburn, Maine, a subsidiary of Northeast Bank, recently agreed to acquire Sargent Insurance Agency of Rangeley, Maine. The expanded insurance agency will be known as Northeast Financial Services, Co. with Craig Sargent managing the entire division. …
Harvey R. Pierce, chairman and chief executive officer of the American Family Insurance Group was elected chairman of the Property Casualty Insurers Association of America (PCI) at its annual meeting today. Pierce began his career with American Family in 1963 …
Workers’ compensation writers in New Hampshire want an average 2.5 percent hike for voluntary market advisory loss costs and a 12.7 percent average increase in residual market premiums, according to the most recent filing from the National Council on Compensation …
The Maine Supreme Judicial Court in a 5-2 vote has ruled that insurers may not restrict their liability under uninsured motorists coverage to less than what Maine law requires. The Sept. 30 ruling in Butterfield v. Norfolk & Dedham Mutual …
New Hampsihre may be the first Eastern state to lower its tax on insurance companies as states continue to compete to attract more business. The issue is currently the subject of an economic impact study by Ernst & Young. The …
Mike Barron Texas Mutual Insurance Company announced that Mike Barron is the company’s new senior vice president of financial services. Barron is a certified public accountant with over 30 years of experience in finance. Barron has served as vice president …
N.H. Considers Premium Tax Cut; Insurer CEOs Update Big ‘I’ Agents Taxes, the favorite subject of politicians in New Hampshire, was a topic also on the minds of property casualty executives who gathered at the White Mountains’ imposing Mountain View …
Maine officials have warned about a scam involving an unlicensed company using a name and logo similar to those of The Hartford, the well-known insurer, and one of its subsidiaries. Superintendent of Insurance Alessandro A. Iuppa reported that an unlicensed …
