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- Mass. Cuts High Risk Exemption for New Auto Insurers to 2 Years May 8, 2008
New carriers in the Massachusetts auto insurance market will be exempt from high risk assignments for their first two years under an amended rule approved by Massachusetts ... 
Execs Say More Can Be Done to Attract New Industry Talent May 8, 2008
Young agents today face a number of challenges, including the soft market, a downturn in the economy and learning the skills necessary to become a profitable and ...- Employee Incentive Plans: Make Them Worthwhile Apr 18, 2005
A few years back, while leading a seminar, we asked the audience to see if anyone had an employee incentive plan. One person raised his hand and proudly said: "I do. If ... - Marsh Offering Wind Insurance Product for Financial Losses May 8, 2008
Insurance broker Marsh along with catastrophe modeling firm Risk Management Solutions (RMS) and wind station operator WeatherFlow, Inc. have developed an insurance product ... - AIG Posts Big Loss Due to Mortgage Woes; Insurance Results Decline, Too May 8, 2008
The world's biggest insurance company, American International Group Inc. (AIG), posted a big quarterly loss — $7.81 billion — largely due to write-downs related to bad ... - Kingsway Q1 Financial Results Hit Again by Lincoln Reserving May 8, 2008
Specialty insurer Kingsway Financial Services swung to a loss in the first quarter as it increased reserves at its Lincoln General and Kingsway General subsidiaries, the ... - U.S. Lists Toxic Substances Tied to Occupational Diseases on Web Site May 8, 2008
The U.S. Department of Labor has added to its Web site information about occupational diseases associated with toxic substances. The list is of toxic substances found ... - Consumer Advocacy Group Questions USAA's Role in Home Foreclosures May 8, 2008
Consumer advocacy group The Greenlining Institute has filed a petition with the Commissioner of the California Department of Insurance demanding review of United Services ... - New Study Calls for Broad Climate Fight, Not Just Gas Emission Cuts May 8, 2008
An assault on climate change on many fronts makes good economic sense but will be money badly spent if the world focuses exclusively on cutting greenhouse gas emissions, a ... - South Carolina Bill Banning Booze Inhaler Moves to the House Floor May 8, 2008
A device that turns liquor into a breathable vapor of oxygen and alcohol would be banned from South Carolina under legislation sent to the House floor. On May 6, the ... - America First Insurance Rolls out New Commercial Line Products May 7, 2008
Richardson, Texas-based America First Insurance, a Liberty Mutual Agency Markets regional company, has introduced Custom Protector, a commercial lines product that offers ... - U.S. Court Bars Sex Bias Claim by Maine Mom Denied Promotion May 8, 2008
A federal court has blocked a Maine woman from suing her employer for sex discrimination after she claimed she was denied a promotion because of her childcare ... - Valiant Names Bossart Chief Claims Officer May 8, 2008
New York-based Valiant Insurance Group Inc. has named Jeffrey H. Bossart senior vice president and chief claims officer. Bossart most recently served as regional head ... - Ratings Recap: Calif. Auto/Mercury, Arrowhead, Louisiana Farm, Chubb, Triad May 8, 2008
Standard & Poor's Ratings Services has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to 'A+' from ... - Safeco and Costco Partner to Offer Business Insurance in Test States May 7, 2008
Costco and Safeco are offering business insurance to businesses that are Costco members, effective May 2008. According to information on Costco's Web site, Costco ... - California Discussing Sale of State Workers' Compensation Insurer May 7, 2008
Rumors that California is considering selling the State Compensation Insurance Fund to help close the state budget gap are true, but government officials said the idea has ... - Mass. Denies Hike in FAIR Plan Home Insurance Rates May 8, 2008
Massachusetts insurance officials have blocked a 13.2 percent statewide rate hike by the state's residual market home insurer. The decision by Insurance Commissioner ... - Former Kentucky Adjuster Gets Jail Time, Ordered to Pay Restitution May 8, 2008
A Fayette County, Ky. resident who formerly worked as a claims supervisor is serving the final days of a 60-day jail sentence after pleading guilty to three felony counts ... - State Farm Files Request for California Rate Increase May 9, 2008
Reflecting the general upward trends in the cost of property and liability insurance claims, State Farm General Insurance Co. has filed a request for an average statewide ... - Munich Re Q1 Profit Down 19% to $1.2 Billion; Maintains 2008 Profit Targets May 8, 2008
The Munich Re Group recorded a profit of €785 million ($1.2 billion) for the first quarter of 2008, down 19 percent from the €974 million ($1.495 billion) in the same ... - Louisiana House Committee OKs Repeal of Motorcycle Helmet Law May 8, 2008
The Louisiana House Transportation committee has voted to approve a bill under which the state would stop forcing adult motorcyclists to wear helmets. Instead bikers would ... - S&P Report: Solvency II More Significant for European Insurers than Credit Crunch May 8, 2008
Standard & Poor's Ratings Services has published a report - "Subprime Asset Losses And Related Capital Market Disruption Still Have Little Effect On European Insurance ... - Pinnacol Distributing $55 Million to Colorado Businesses May 8, 2008
For the fourth year in a row, Denver-based Pinnacol Assurance, a workers' compensation insurance carrier, will issue a general dividend to its policyholders. In mid-May, ... - Conectiv to Pay $1.65M to Settle Racial Suit in Pennsylvania May 8, 2008
Conectiv Energy and three subcontractors will pay $1.65 million to settle a discrimination lawsuit filed by four black workers in Pennsylvania who said they were subjected ... - Nursing Homes Part-owned by Oklahoma Legislator Cited for Violations May 8, 2008
An Oklahoma state legislator who partially owns two nursing homes that have been cited for health and safety violations said his facilities struggle with the same issues ...