Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department of Agriculture organ that …
At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the back reveals his muscled frame, the one …
Evan Greenberg The board of directors of Bermudan insurer ACE Ltd. has elected its president, Evan G. Greenberg, to the additional post of CEO, effective May 27, 2004. Greenberg was formerly a top executive at American International Group and is …
The Property Casualty Insurers Association of America has released its analysis of “residual auto market populations” and has found a connection between such assigned risk plans and state rating laws. The study determined that these “markets of last resort” are …
Insurance Services Office Inc. (ISO) has introduced a personal auto rating program carriers can use to tailor the cost of insurance for bodily injury and property damage liability and no-fault/medical payments coverage based on a car’s make and model. This …
State Insurance Commissioner John Garamendi announced the arrests of nine suspects today by the California Urban Auto Fraud Task Force for embezzlement, conspiracy and tax evasion in connection with an “insider” insurance scam. Investigators from the California Department of Insurance …
The North Carolina Chapter of Doctors for Medical Liability Reform announced that Congressman Richard Burr, currently running for U.S. Senate, has signed their pledge supporting federal legislation that would limit non-economic medical liability awards to $250,000.00 and help keep high-quality …
At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the back reveals his muscled frame, the one …
Elected Commissioner Not Likely to Happen This Time Around The Oklahoma Legislature, in session from February through May, is working on a number of bills that would affect the state’s insurance industry. Among them, a tort reform bill and a …
Workers’ Compensation Research Institute, based in Cambridge, Mass., unveiled CompScope, a new tool that annually tracks changes in state trends and system performance. It compares more than 60 performance measures for 12 large states: California, Connecticut, Florida, Illinois, Indiana, Louisiana, …
