Nuts & Bolts: Travelers Property Casualty Corp announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for …
California workers’ compensation costs per claim in California continue to grow rapidly, increasing 15 percent from 2000 through 2001 (as of 2002) and are accelerating, according to a new study from the Cambridge, Mass.-based Workers’ Compensation Research Institute. California has …
A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. But one state, South Carolina, has turned the corner …
Insurance Commissioner Jim Long last week announced the receipt of the 2004 auto insurance rate filing from the North Carolina Rate Bureau (NCRB). The NCRB, an independent organization representing all auto insurance companies in the state, files annually for changes …
Fairfield-based Ohio Casualty Corp., the corporate parent of Ohio Casualty Insurance Co., announced that Michael Winner has been named senior vice president of finance and controller of the company, effective Feb. 9, 2004. Winner comes to Ohio Casualty from Columbus-based …
North Carolina-based BB&T Insurance Services has completed its acquisition of McGriff, Seibels & Williams Inc. of Birmingham, Ala., creating the sixth largest insurance broker in the nation. The transaction was valued at $300 million in stock (based on an average …
The Property Casualty Insurers Association of America praised the actions of the Massachusetts Legislature’s Joint Committee on Commerce and Labor for its approval of a bill, HB 1622, that would protect Massachusetts businesses from legal attacks resulting from the application …
Having first looked at efforts to pass more tort reform in Mississippi (Jan. 12, “Miss. Tort Reform In Play As Lawyers Flock to Magnolia State”) and now reporting on efforts in West Virginia in this issue, one can come to …
I once observed a high school football program go 1-9 for two consecutive years. Then with the backing of the administration, a new coach was brought in who had been part of a successful program. With a new attitude and …
Advocates for Highway and Auto Safety (Advocates) released its first “Roadmap to State Highway Safety Laws: A Report on States in the Passing Lane, in the Slow Lane and Stopped on the Shoulder” that found many dangerous gaps in a …
