July 24, 2006
Return for credit “But we will be back.” Delaware Insurance Commissioner Matthew Denn on the state Legislature’s failure this session to pass his measure restricting the use of credit scores in insurance pricing. Title wave “New Yorkers have been paying …
July 24, 2006
The Insurance Information Institute has promoted Dr. L. James Valverde Jr. to vice president of Economics and Risk Management. Dr. Valverde joined the I.I.I. in August 2005 as director of Economics and Risk Management, focusing on several topics where risk …
July 24, 2006
Maryland tends to alcohol training Groups offering state-mandated alcohol-awareness training to bartenders and liquor-store workers would have to provide at least three hours of instruction and give a state-approved test under rules proposed by the Maryland Comptroller of the Treasury. …
July 24, 2006
Profit sharing is here to stay and compensation disclosure, if any, should be left up to agents and brokers to decide. Judging from comments at a recent Independent Insurance Agents and Brokers of New Hampshire meeting, the compensation issue has …
July 24, 2006
Workers’ Compensation – Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience …
July 24, 2006
Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas, protection classes 1-10, older homes and homes with losses. High …
July 21, 2006
Boston-based auto insurer Plymouth Rock has introuduced a new service for customers whose vehicles are unable to be driven after an accident. Known as “Tow And Go”, the service provides accident-related towing assistance — at no additional charge — to …
July 21, 2006
Federal workplace safety regulators have fined a demolition contractor more than $164,000 for alleged safety violations, including numerous violations at a building collapse in Holyoke, Mass. that killed one worker and seriously injured another. Associated Building Wreckers Inc. of Springfield …
July 21, 2006
The National Hurricane Center discontinued its tropical storm warning for southeastern Massachusetts and Cape Cod early this morning as Tropical Storm Beryl weakened and moved north toward Nova Scotia. The storm passed through the area with average winds of under …
July 21, 2006
The Massachusetts Property Insurance Underwriting Association (the Fair Plan) will submit a request for new rates by the end of next week, just under the deadline. Massachusetts Insurance Commissioner Julianne M. Bowler gave the Fair Plan 30 days from June …