Enforcement actions taken by Texas Commissioner of Insurance Mike Geeslin in July 2008 include nine license revocations, four license denials and fines and restitution totaling $539,814. Copies of Geeslin’s orders may be obtained by contacting the Texas Department of Insurance …
Boston-based Plymouth Rock Assurance Corp. said it will reward its new and renewing auto insurance policyholders in Massachusetts with lower rates for “going green,” by driving less. Plymouth Rock will lower rates for customers who drive fewer miles than the …
Worcester, Mass.-based The Hanover Insurance Group Inc. has appointed Alan Crater vice president of its Northeast marine team. In addition, Elaine Bartolini has joined The Hanover as assistant regional vice president for inland marine. Crater, who has served in various …
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. Commercial Property Market Detail: RISC brings to market a commercial property program designed for a …
Massachusetts is experiencing a big jump in health insurance and a big drop in payments for the uninsured under the state’s health care law. Between Jan. 1 and March 31, the number of people getting health insurance grew from 340,000 …
Naked on Wall Street “You always find out who’s been swimming naked when the tide goes out. We found out that Wall Street has been kind of a nudist beach.” —Berkshire Hathaway’s Warren Buffett who also told Reuters that the …
Aon, Benfield Chicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and assumption of $170 million (£91 million) of Benfield net debt. The consideration represents a …
Swiss Re appointed Walter A. Bell chairman of Swiss Re America Holding Corp. Bell, whose appointment with Swiss Re is effective Sept. 2, is currently insurance commissioner of the Alabama Department of Insurance, a position he has held since 2003. …
Second (or subsequent) injury funds (SIF’s) have been abolished in 19 states. Alabama and Maine began this movement in 1992, with Arkansas and New York being the most recent converts; each ending its respective program in 2007. Some states, such …
Swiss Re appointed Walter A. Bell chairman of Swiss Re America Holding Corp. Bell, whose appointment with Swiss Re is effective Sept. 2, is currently insurance commissioner of the Alabama Department of Insurance, a position he has held since 2003. …
