September 11, 2006
The Nebraska Public Employees Retirement Board has decided to fire Union Bank & Trust, citing performance issues. The Lincoln-based bank had won a contract earlier this year to manage the retirement plan records of 31,000 current and retired state and …
August 21, 2006
The Nebraska Department of Insurance announced recently that it has approved the recommendation of the Nebraska Comprehensive Health Insurance Pool (CHIP) Board of Directors to increase the high-risk pool rates by 23.5 percent. The new rates take effect October 1. …
August 21, 2006
The problem of providing workers’ compensation insurance for jockeys and backstretch workers, such as grooms and exercise riders, in the horse racing industry is a complicated one. Only four states — California, Maryland, New Jersey and New York — mandate …
August 21, 2006
The problem of providing workers’ compensation insurance for jockeys and backstretch workers, such as grooms and exercise riders, in the horse racing industry is a complicated one. Only four states — California, Maryland, New Jersey and New York — mandate …
August 21, 2006
The problem of providing workers’ compensation insurance for jockeys and backstretch workers, such as grooms and exercise riders, in the horse racing industry is a complicated one. Only four states — California, Maryland, New Jersey and New York — mandate …
August 18, 2006
Dozens of new insurance products are quietly emerging to tackle climate change and fast-rising weather losses – but insurance companies need to do more of the same to minimize losses and make the most of opportunities related to climate change …
August 17, 2006
A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A++” (Superior) and the issuer credit ratings (ICR) of “aa+” for the Delaware-based General Re Group. Best said the ratings apply to General Reinsurance Corp. (Delaware) and its core …
August 10, 2006
Massachusetts has become the 28th state to join a program designed to modernize state regulation of life insurance, annuity, disability and long term care products. Gov. Mitt Romney signed legislation into law today that allows Massachusetts to become a member …
August 8, 2006
ProAssurance Corporation in Birmingham, Ala. reported net income for the second quarter of 2006 of $30.0 million, or $0.90 per diluted share. For the six months ended June 30, 2006 net income was $167.3 million, or $4.95 per diluted share. …
August 8, 2006
Three individuals, including a father and daughter have been arrested and face felony charges stemming from staged accidents and $40,000 in fraudulent auto insurance billings according to Tom Gallagher, Florida’s chief financial officer. Four others were previously arrested in related …