The Texas Department of Insurance announced the state has joined 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 …
They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and doctors face this time around. Almost 8 percent …
ACE USA has announced a new organizational structure in which nine newly-named regional executives will oversee ACE’s regional operations. As the senior executive in each geographic region, and working closely with the ACE divisional presidents, the regional executives will oversee …
Gray Davis, a 16-year veteran of the insurance industry, has been named western regional manager for Discover Re, the alternative risk transfer operation of The St. Paul Companies. Based in San Francisco, Davis will lead a Discover Re staff responsible …
Continuing its expansion of state advocacy, the National Association of Mutual Insurance Companies (NAMIC) has named Joe Thesing, formerly with the Ohio School Boards Association, to the position of State Advocate. Thesing will work on collaborations with state insurance trade …
Thirty-five states have adopted an approved Insurance Services Office (ISO) mold limitation for homeowners coverage, which allows insurers to exclude coverage for loss caused by mold and wet or dry rot, unless the conditions result from a covered peril. According …
South Dakota’s Division of Insurance has adopted new rules governing the use of credit based insurance scoring that the National Association of Independent Insurers indicates “strikes a balance between reasonable consumer protections and insurers’ use of this highly effective tool …
Standard & Poor’s Ratings Services said that it lowered its counterparty credit and financial strength ratings on Republic Western Insurance Co. and Oxford Life Insurance Co. to single-‘Bpi’ from triple-‘Bpi’. At the same time, Standard & Poor’s lowered its counterparty …
Nuts & Bolts: Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of …
Zurich North America Surety announced that it has successfully completed the pilot stage of its Zurich Surety Express(TM) online platform, which allows insurance agents to rate, quote and issue commercial and contract surety bonds directly from the Zurich Web site …
