North Carolina Insurance Commissioner Jim Long announced a settlement in the 2003 auto insurance rate case that could save consumers nearly $500 million in premiums from current rates. The agreement, reached between the Department of Insurance and the North Carolina …
Legislation to curb over-utilization of chiropractic care without physician oversight will help control the skyrocketing medical costs that are jeopardizing California’s workers’ compensation system, said the American Insurance Association (AIA). SB 354, authored by Senator Jackie Speier (D), would require …
Legislation to curb over-utilization of chiropractic care without physician oversight will help control the skyrocketing medical costs that are jeopardizing California’s workers’ compensation system, said the American Insurance Association (AIA). SB 354, authored by Senator Jackie Speier (D), would require …
Expressing strong support for the National Flood Insurance Program (NFIP) and presenting five principles that should be the focus of reform efforts, J. Fletcher Willey testified on behalf of the Independent Insurance Agents & Brokers of America (IIABA) before the …
BB&T Corporation reported that it has completed the company’s acquisition of insurance premium finance company Southeast Fidelity Corporation (SEFCO) of Tallahassee, Fla. BB&T has combined the 5-year-old firm with Prime Rate Premium Finance Corporation Inc., the Florence, S.C.-based premium finance …
South Carolina’s The Seibels Bruce Group Inc., announced financial results for the fourth quarter and year that ended December 31, 2002, reporting it posted a net profit of $805 thousand, or $0.09 per share (basic and diluted, for the fourth …
Nuts & Bolts: American Collectors Insurance announced a new program for sports car enthusiasts who participate in “Driver’s Education” events that promote safer driving. The policy provides specific, Agreed Value coverage for vehicles used in Driver’s Ed events and will …
The Society of Certified Insurance Counselors (CIC), based in Austin, Texas, announced that six new members were selected to serve on its Board of Governors. The Society of CIC relies on the 18-member Board for determining policy and guiding the …
Irvine, Calif.-based Superior Access Insurance Services Inc. recently announced that they are expanding their personal umbrella programs with two new carriers – both are rated “A (Excellent) ” by A.M. Best. One program offers limits from $500,000 – $2 million …
TDI announced the state has entered into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity. With some exceptions, a course approved by a participating state will be accepted by other participating states merely by filing a …
