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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
