Insurance industry analyst A.M. Best this affirmed the rating of the members of The MEMIC Group. According to Best, Maine Employers’ Mutual Insurance Company (MEMIC) and The MEMIC Group remain “A” (Excellent) while subsidiary MEMIC Indemnity Company remains “A-” (Excellent). …
Kansas Insurance Commissioner Sandy Praeger was among a gathering of other state regulators today at the National Press Club in Washington D.C. for a news conference which outlined plans for the implementation of the Interstate Insurance Product Regulation Compact. The …
New Jersey would become one of a handful of states to require that cigarettes sold in-state have extra fire protections built in, under a measure being considered in the Legislature. The proposal — modeled after similar laws in New York, …
Vermont Governor Jim Douglas was at the Barre Rifle and Pistol Club recently to sign legislation protecting Vermont’s shooting ranges from so-called frivolous lawsuits and nuisance claims. Douglas said the strong legislative support for the new law reflects the importance …
The CompPAC Trust of Texas, a workers’ compensation self-insurance group administered by First Cardinal of Texas Ltd., reported it has received approval from the Texas Department of Insurance to expand its list of eligible classes to include artisan contractors. The …
State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states–26–has …
State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states—26—has …
John N. Evans, Ph.D., has been elected as a director for Vermont Mutual Insurance Company, Northern Security Insurance Company, Inc. and Granite Mutual Insurance Company. Evans is the dean of the University Of Vermont College Of Medicine. He has been …
The cost of medical malpractice insurance in New York can be linked directly to the state’s malpractice litigation awards, rather than to the cyclical nature of the insurance pricing, according to a new study by the Manhattan Institute’s Center for …
Joined by New Hampshire fire chiefs, New Hampshire Gov. John Lynch signed into law legislation that requires the sale of only “fire-safer” cigarettes in his state. “States across the nation are beginning to switch to fire-safer cigarettes, and New Hampshire …
