A divided Michigan Senate has voted to stop Gov. Jennifer Granholm’s administration from instituting mandatory workplace ergonomics rules in the state. But the 20-16 vote is unlikely to change much. The Democratic governor vetoed similar GOP-backed legislation in 2006. The …
Liberty Mutual, Wausau Liberty Mutual Group, which sells insurance both direct and through independent agents, is discontinuing direct distribution to mid-sized businesses and now plans to distribute its commercial property/casualty insurance products in the middle market exclusively through independent agents …
GAO compared the number of NFIP policies in a given area, as of September 2006, with the total number of county flood declarations from January 1980 to June 2008, cumulative flood claims payments from January 1978 to April 2008, and …
But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …
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. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …
Automobile fatalities declined in 40 states in 2008, according to a survey of state highway safety agencies, an early sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association, which represents state …
Michigan’s insurance consumer advocate is charging that drivers are paying a high cost for years of state deregulation of insurance and record insurance company profits. Gov. Jennifer Granholm has threatened penalties for any insurance carriers that do not go along …
The insurance industry is not taking the recent attacks by Michigan Gov. Jennifer Granholm and the state consumer advocate lightly. Insurance trade groups have come out swinging against Granholm’s call for a freeze on auto insurance rates until lawmakers can …
The National Association of Professional Surplus Lines Offices Ltd. (NAPSLO) is launching the NAPSLO Executive Leadership School, scheduled for Feb. 8-11, 2009, in Charlottesville, Va. The new school offers senior-level members the opportunity to learn leadership skills from top business …
Investors have punished Swiss Re this year on fears it could write down further billions of dollars of toxic assets. A lack of transparency from the world’s second-largest reinsurer is adding to worries. “We think the downwards trend is set …
