May 22, 2006
The Hartford Financial Services Group, Inc. has settled with both the Connecticut and New York attorneys general regarding The Hartford’s use of expense reimbursement agreements in its terminal/maturity funding group annuity line of business. Under the terms of the settlement, …
May 19, 2006
An insurance broker has paid the state $754,804 to settle allegations that it accepted undisclosed compensation from insurance carriers in exchange for placing insurance for the state, Attorney General Richard Blumenthal said. The state used the insurance brokerage firm R.C. …
May 16, 2006
Oregon Mutual Insurance Co. has announced that Karen Lowart has been named agency marketing manager in the Central and Northern Valley region in California. Lowart joins OMI with a strong insurance background, having worked in the commercial arena with Industrial …
May 15, 2006
Insurance Journal released its third annual Top 100 Property Casualty Independent Agencies list late last month and one of the nation’s largest networks of retail agencies came in as number one. Leading the pack of the nation’s largest privately-held P/C …
May 12, 2006
The Independent Insurance Agents of Texas will hold its 109th Conference & Trade Show June 15-16, 2006, at The Westin Galleria in Houston. The association noted that the 109th annual conference features an impressive lineup of innovative and practical sales …
May 11, 2006
The Hartford Financial Services Group, Inc. has settled with both the Connecticut and New York attorneys general regarding The Hartford’s use of expense reimbursement agreements in its terminal/maturity funding group annuity line of business. Under the terms of the settlement, …
May 8, 2006
Although it’s not perfect, agent groups support Perry-Sharp plan 10 Louisiana after the storms Insurance issues top lawmakers’ agenda 10 In case of emergency Get out fast but make sure documents are safe N1 Former Enron exec admits guilt Says …
May 8, 2006
The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent hurricanes — Katrina, Rita and Wilma — will result in …
May 8, 2006
Andrew J. Valdivia has been elected president of White & Co. Insurance Inc., of Santa Monica, Calif., and will be responsible for property and casualty sales, account development and account management. Valdivia was formerly White’s executive vice president. He joined …
May 8, 2006
ACE settles bid-rigging case for $80 million Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and its U.S.-based insurance subsidiaries. …