This year, the target for Maine lawmakers in Augusta was habitual offenders. Next year, it’ll be repeat drunken drivers. State Sen. Bill Diamond was a sponsor of Tina’s Law, which was signed into law earlier this year and bolsters penalties …
Zurich Financial Services Group has appointed Maine Insurance Superintendent Alessandro A. Iuppa as head of Government and Industry Affairs for General Insurance, and as chief government affairs officer, North America. Both appointments are effective Jan. 15, 2007. Based in Washington, …
Insurance regulators from across the county voted to recommend major changes in the way reinsurers are regulated. The Financial Condition Committee of the National Association of Insurance Commissioners this week adopted a proposal from its Reinsurance Task Force, which recommends …
The National Association of Insurance Commissioners presented Robert Wake, staff attorney for the Maine Bureau of Insurance, with the Robert Dineen Award, the association’s most prestigious individual honor. Wake drafted the NAIC’s Market Analysis Handbook, a handbook that is the …
Members of the National Association of Insurance Commissioners have approved a $65 million operating budget for 2007. The 2007 final consolidated budget calls for $65 million in total revenue and $64.8 million in total expenses, an increase of 6.4 percent …
Trucking Operations Nuts & Bolts: Kansas-based Interstate Insurance Management and Swiss Re’s Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides …
Frank J. Coyne, chief executive officer of Insurance Services Office, recently warned that insurers unable to keep up in the technological arms race face a grim prognosis. The industry leader said a chasm is growing between insurers using state-of-the-art analytics …
Monoline Auto Classes, Small Commercial Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 new …
Connecticut remains dependent upon the insurance sector for many of its jobs and much of its economic growth, a new report by an industry coalition confirms. The state has triple the U.S. average of insurance carrier jobs and the highest …
St. George, Utah, is the most secure place in the nation to live, according to the third annual “Most Secure U.S. Places to Live” rankings from Los Angeles-based Farmers Insurance Group of Companies. The rankings, compiled by www.bestplaces.net, evaluated communities …
