Turmoil Could Have Been Avoided if Treated the Same as Insurance Markets Credit default swaps nearly brought down the world financial system last fall when it was discovered that AIG Financial Products had written hundreds of billions of dollars worth …
Continental Risk Insurance Services Inc. of Lodi, Calif., can now place taxi liability anywhere from 1 taxi to large fleets. Limits range from $10,000 up to $1 million. Coverage is provided by “A” XIII rated admitted and non-admitted carriers in …
Premier Insurance Management Services Inc. (PIMS) out of Charlotte, North Carolina, is offering a new professional medical liability insurance program to not-for-profit hospital members of the Premier healthcare alliance. PIMS, a wholly owned subsidiary of Premier, is parterning with Medical …
Congress has picked up the pace of its work on an overhaul of the $2.5 trillion healthcare industry as it tries to pass legislation in each chamber before the August congressional recess. A first Senate committee acted Wednesday on its …
The Securities and Exchange Commission (SEC) has charged that five individuals, including a former investment banker at Goldman Sachs & Co., illegally tipped or traded on confidential information ahead of an announcement in April 2008 that Liberty Mutual Insurance Co. …
Fairfield, Ohio-based Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced Onboard Advisor, a fleet management system that helps companies increase commercial fleet safety and productivity, save on commercial auto insurance premiums and more. The company said Onboard …
Continental Marine Insurance Services of Lodi, Calif., is now offering a worker’s compensation program designed for marine risks with USL&H and maritime employer’s liability available. Marine contractors, marinas, boat dealers, ship repairers and many other marine-related classes are available. Coverage …
Missouri Governor Jay Nixon has signed HB 577 to have Missouri become the 36th member of the Interstate Insurance Product Regulation Compact (IIPRC). With the addition of Missouri, the current compacting states in the Commission represent close to 60 percent …
CAMICO Mutual Insurance Co.y, a CPA-owned professional liability insurer, and Liberty International Underwriters (LIU), a division of Liberty Mutual Group, have forged a new program for CPA firms nationally. The new program is designed to expand CAMICO’s capacity for coverage …
Recent hearings may not keep West Virginia’s Public Employees Insurance Agency out of court over a proposal to stop subsidizing retiree health care, one advocate for state workers says. The American Federation of Teachers-West Virginia still plans to sue, President …
