November 1, 2010
Broad Coverage Is Available at a Relatively Low Cost Most public companies don’t need to be persuaded that their company needs directors and officers insurance. However, the view among some private company managers is different. These officials, particularly those at …
November 1, 2010
A Pennsylvania woman is suing natural gas driller Chesapeake Energy Corp. and two of its subsidiaries, claiming that drilling near her rural home has fouled the water with methane and other pollutants and created a rash of health problems since …
November 1, 2010
Juan Andrade stepped down as Commercial Markets president at The Hartford to join Ace as president of the insurers’ Global Personal Lines and Small Commercial Insurance division. He will assume the new position with Ace in December. Andrade joined The …
November 1, 2010
Tuesday’s elections could have ramifications for a number of state insurance commissioner posts across the country. Nationwide, 11 commissioners are directly elected but there are only four such elections tomorrow; the rest of commissioners are appointed, most by governors or …
November 1, 2010
Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. …
October 29, 2010
Medical liability insurer Healthcare Underwriters Group Mutual of Ohio announced a $1 million dividend to its policyholders/owners. In the last 30 months the group has distributed $3.5 million in dividends to its doctor owners. HUOH is a non-profit mutual insurance …
October 29, 2010
Alabama state employees who relied on a deferred compensation plan from Nationwide Retirement Solutions will receive $16 million in a settlement of lawsuits over millions in fees that were paid to a lobbying group for state workers. State Attorney General …
October 28, 2010
A massive storm making its way through a big chunk of the United States brought a bit of everything: strong winds, rain, tornadoes and now even some snow for parts of the Midwest. The storm packed wind gusts of up …
October 25, 2010
The Ohio Department of Insurance is receiving a $1.1 million consumer assistance grant funded through the U.S. Department of Health and Human Services as part of the Patient Protection and Affordable Care Act. The insurance department says it will use …
October 22, 2010
The Texas Department of Insurance Division of Workers’ Compensation in September issued nearly $268,000 in fines in disciplinary actions. The orders issued by Commissioner of Workers’ Compensation Rod Bordelon are subject to appeal to state district court within 30 days …