Momentum toward true reform of asbestos litigation continues today with a wide-ranging bipartisan summit organized by key senators, the American Insurance Association (AIA) said. “Today’s meeting shows that leaders in Congress on both sides of the political aisle are working …
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 …
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 …
The National Association of Insurance Commissioners recognized the State of Vermont for successfully implementing all 12 technology-based initiatives in the Uniform Regulation Through Technology (URTT) program. The award was presented in conjunction with the NAIC’s Spring National Meeting in Atlanta. …
Willis Group Holdings recently announced the opening of a new captive office in Hawaii serving the growing pool of companies seeking alternatives to the traditional insurance market. Jason Palmer has been charged with leading the new venture in Hawaii. His …
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 …
Sen. Patrick Leahy (D-Vt.) and eight other Senate Democrats have introduced a bill that would strip medical liability insurers of their immunity to anti-trust laws. The Medical Malpractice Act of 2003 (S. 352) would amend the McCarran-Ferguson Act, which established …
The National Association of Independent Insurers has endorsed two recent decisions by the Vermont Supreme Court that settled two insurance-related cases dealing with underinsured motorist (UIM) coverage, by ruling that insurance policy and state law take precedent in settling such …
