Toledo, Ohio-based privately held commercial insurance brokerage, the Hylant Group, has named John W. Chaney as president of the Cleveland office and regional vice president. Chaney will be responsible for the overall management of the Cleveland office, while overseeing the …
In storm-ravaged parts of the Northwest, home and business owners are beginning to file insurance claims — a process that could be complicated by whether severe winds or floods did the damage. Insurers say they’ve received hundreds of claims from …
California’s State Compensation Insurance Fund “has weak corporate governance, inadequate internal controls in various areas and a general inability to plan for the long-term,” according to an operational review report recently released by the state Department of Insurance. Following up …
Most plan to cut rates as state moves ahead with plan for managed competition for 2008 Auto insurance carriers are looking to compete by rewarding drivers with good driving records, good grades, hybrid vehicles, property policies and pets under auto …
Earthquake Coverage “For both the safety and financial well-being of Missouri citizens, we must come up with the best ways to insure this potential risk and to prevent losses caused by the effects of an earthquake,” Missouri Insurance Department Director …
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Munich Reinsurance America Inc. announced that John P. Phelan will retire as planned on Dec. 31, 2007, after serving nearly six years as chairman and CEO. Anthony J. Kuczinski, who is president of Munich Re America’s Specialty Markets Division, will …
Federal antitrust laws are intended to ensure a competitive market by prohibiting companies from acting in concert with each other, such as through price-fixing or sharing arrangements that exclude other competitors. The McCarran-Ferguson Act delegated to the states oversight of …
Bermuda-based Catlin Group Ltd. appointed Nick Greggains chief underwriting officer for insurance, and Andrew Englesbe chief underwriting officer for reinsurance for Catlin U.S. Both will be responsible for insurance and reinsurance underwriting operations in the United States. Greggains was most …
The motorcycle fatality rate in Oregon is climbing along with the size of bikes’ engines and the age of riders. The number of riders who are killed, as measured by deaths per 10,000 registered motorcycles and per million vehicle miles …
