August 21, 2006
86% The percent of Virginians opposed to increasing fees on car insurance to help pay for transportation improvements. The Mason-Dixon Polling & Research Inc. survey also found that 10 percent supported insurance fees and 4 percent were undecided. $4,393 The …
August 21, 2006
In Greek mythology, Sisyphus was a deceitful king who was condemned to spend eternity pushing a giant boulder up a mountain. As Sisyphus approached the peak of the mountain, the rock would elude him and roll back down to the …
August 21, 2006
Environmental Insurance Program Nuts & Bolts: Burns & Wilcox, a national specialty insurance agency, has formed a strategic alliance with ACE Westchester Specialty Group Environmental to administer a program for environmental contractors and consultants. ACE Westchester Specialty Group will provide …
August 21, 2006
Stock Price Activity: Exceptional 2006 second quarter earnings reports had a positive impact on broker stock prices in July. Companies such as Brown & Brown (NYSE:BRO), Arthur J. Gallagher & Co. (NYSE:AJG), and Hilb Rogal & Hobbs (NYSE:HRH) reported impressive …
August 18, 2006
About a decade ago, as he watched utility trucks from out of state help fix widespread power outages in New Hampshire, a light went on for Bow, New Hampshire’s public works director, Chum Cleverly. If power companies could get help …
August 18, 2006
Low-income residents would pay between $10 and $100 a month for health care under draft regulations set to be reviewed by the board overseeing the Massachusett’s sweeping new insurance law. Under the draft regulations, single adults living at the annual …
August 16, 2006
Jimcor Agencies has unveiled a new apartment program for New Jersey on its online system. The program is designed for habitational risks with five to 15 apartment units in buildings of up to four stories. It can accommodate property values …
August 16, 2006
Massachusett’s largest, locally-based auto insurer, which has frequently locked horns with the Romney administration, has been dropped from the board that oversees how high-risk drivers are apportioned among companies. Commerce Insurance of Webster, which covers almost a third of Massachusetts …
August 14, 2006
As expected, Massachusetts officials have confirmed that the insurance commissioner, not competition, will set auto insurance rates for 2007. In a four-page decision handed down Aug. 10, Insurance Commissioner Julianne Bowler rejected arguments that the current marketplace is compatible with …
August 14, 2006
Commissioner of Insurance Jim Donelon says nearly all of Louisiana’s homeowners insurance companies, including State Farm and Allstate, have complied with his order to extend the prescriptive period for policyholders to file a lawsuit as result of a hurricane-related insurance …