February 19, 2006
Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …
February 19, 2006
The Jack Abramoff lobbying scandal in Washington, D.C., has prompted many to question the appropriateness of legislative lobbying that has become so much a part of American politics. California leads the nation in money spent for lobbying, according to a …
February 17, 2006
Ohio Insurance Director Ann Womer Benjamin was elected secretary of the Midwestern Zone section of the National Association of Insurance Commissioners (NAIC) during its winter meeting in Chicago. Womer Benjamin was elected to the leadership position by her peers in …
February 16, 2006
James Lee Witt, former director of the Federal Emergency Management Agency and a leading authority in public safety and emergency management, will speak at the 2006 Annual Conference of the American Association of Insurance Services, April 9-11 at The Ritz-Carlton …
February 15, 2006
The Iowa Insurance Division and the Minnesota Department of Commerce will host a free seminar on indexed life and annuity products on Saturday, March 4, 2006. The seminar, “Indexed Products: Fact and Fiction” will be held in conjunction with the …
February 14, 2006
Minnesota-based St. Paul Travelers and its two private foundations, St. Paul Travelers Foundation and St. Paul Travelers Connecticut Foundation, contributed more than $15 million in a total of of 418 grants to organizations that support community development, education, and arts …
February 13, 2006
CDS Business Mapping LLC., a provider in online property risk mapping, reported that Alabama, Georgia, Indiana, Michigan, Minnesota, Missouri, Nevada, Washington and Wisconsin have been added to the RiskMeter Online’s (www.RiskMeter.com) Distance to Fire Station Report. This brings the total …
February 10, 2006
The Auto Club Group (ACG) — holding company for the Auto Club Insurance Association (ACIA) and six AAA affiliates in the Midwest (including AAA Michigan) — is ranked second in the nation for collision repair satisfaction, according to J.D. Power …
February 8, 2006
Repeal or reform of the state’s auto insurance no-fault law, “no pay/no play” legislation and consumer privacy are all top legislative priorities for Minnesota, according to a written statement released by the American Insurance Association. “It is time to address …
February 7, 2006
New research from the University of Missouri-Columbia shows that a shift to primary enforcement along with a fine increase could significantly boost seat belt use among motorists. Since New York first adopted a mandatory automobile seat belt law in 1984, …