September 29, 2009
The Maryland Insurance Administration (MIA) has been given a five year accreditation from the National Association of Insurance Commissioners (NAIC) for solvency regulation. The accreditation under the Financial Regulation Standards and Accreditation Program was awarded at the meeting of the …
September 24, 2009
A U.S. House panel abruptly postponed a hearing into accusations that Moody’s Corp. knowingly issued incorrect ratings after Republicans demanded more time to review a whistleblower’s complaint. Democratic leaders of the House Oversight and Government Reform Committee had planned to …
September 21, 2009
New Jersey-based Selective Insurance Group Inc. appointed six new executives. Dennis L. Barger has been appointed senior vice president, underwriting officer for Mid-Market & Large Accounts. Barger joined Selective in July after serving as senior vice president and president of …
September 21, 2009
Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …
September 21, 2009
The nation’s insurance regulators, Congress and the SEC have eyes on credit rating agencies and the standards they must follow in the future. The National Association of Insurance Commissioners (NAIC) said it will hold a public hearing on Sept. 24 …
September 21, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …
September 21, 2009
$275,000 Amount paid by the Maryland-based Mars Super Markets chain to settle a gender discrimination case. The suit was brought by a part-time deli clerk who alleged that Mars wouldn’t hire her as an apprentice meat cutter because she’s a …
September 16, 2009
Authorities say the pilot of a single-engine plane towing an advertising banner was OK after the aircraft crashed into Rehoboth Bay off Dewey Beach in Delaware Investigators believe the Piper Cub lost engine power Saturday during a flight for Ocean …
September 15, 2009
Motorists would be forbidden to send text messages while behind the wheel under proposals awaiting legislative action in Kentucky early next year. Two lawmakers have filed bills that would add Kentucky to a growing list of states — 18 so …
September 15, 2009
A Maryland woman is seeking $150,000 for injuries she says she sustained when she tripped over a flower pot at a fire hall in 2006. According to court documents, Shirley Hiser filed suit Tuesday against the Maugansville Goodwill Volunteer Fire …