December 23, 2007
The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of virtually all segments of the insurance market and even buyers in …
December 23, 2007
Members of the National Association of Insurance Commissioners (NAIC) elected 2008 officers during their meeting in Houston. The newly elected officers, who will assume their duties following the completion of the NAIC Winter National Meeting, include: president, Kansas Insurance Commissioner …
December 23, 2007
Maine and New Hampshire were among the states leading the opposition to a proposed national drivers’ license program, which they criticized as an unfunded $11 billion mandate on states that could place citizens’ personal information at risk. Maine Republican Congressman …
December 21, 2007
A New Hampshire judge has approved a hazardous waste violation settlement that will see a Pembroke construction company pay a $157,500 fine. The state alleged Venture Construction, Inc., transported and stored hazardous waste without a permit and did not properly …
December 20, 2007
Wells Fargo & Co.’s Wells Fargo Insurance Services Inc. reports it has bought four insurance agencies. The insurance brokerage acquired Technology Insurance Services Inc., Redwood City, Calif; Rogers & Belding Insurance Agency Inc., El Paso, Texas; Richardson Group, Dover, N.H.; …
December 14, 2007
New Hampshire insurance regulators have begun supervising the operations of Patriot Health Insurance Co. and another insurer will take over its policies and operations. Insurance Commissioner Roger Sevigny says MVP Health Insurance Co. of New Hampshire will assume Patriot’s business …
December 12, 2007
Maine’s Northeast Bank Insurance Group, Inc., a wholly-owned subsidiary of Lewiston-based Northeast Bank, continues to grow its footprint in Maine, this time in Thomaston, with the purchase of Hyler Agency. The Hyler Agency, family-owned and located in Thomaston, joined Northeast …
December 11, 2007
A 52-year-old New Hampshire man has pleaded guilty to theft in a workers’ compensation case. Attorney General Kelly Ayotte says Philip Rice of Derry was sentenced to serve six months in jail with the sentence suspended for three years if …
December 11, 2007
Health, prosperity, safety and security are all desirable aspects when it comes to seeking a place to live, work or raise a family. According to the fourth annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of …
December 7, 2007
New Hampshire state lawmakers from both parties said this week they hope to quickly fix a workers’ compensation law when they return to the Statehouse in the new year. Earlier this year the Legislature closed a loophole that had allowed …