Maryland News

Price Optimization Allegations Challenged, NAIC Investigating Practice

Reaction to industry-wide price optimization allegations from a consumer group known to call out insurers has been somewhat critical yet guarded – however it appears regulators may already be starting to look into the practice. Consumer Federation of America this week …

Atlas General Insurance Services, LLC, Hires Clark Lawrence as Vice President of Marketing, Eastern Region

San Diego, CA, December 9, 2014– Atlas General Insurance Services, LLC, a national multi-line program manager, welcomes Clark Lawrence as the new vice president of marketing for the eastern region. In his new role, Lawrence will be responsible for developing …

Trucking Company Owner Pleads Guilty in Missouri to Cargo Theft Scheme

A Memphis, Tenn., business owner pleaded guilty in federal court to his role in a cargo theft scheme that included a theft in West Plains, Mo. Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that Earl …

All Risks Taps Julien as California Workers’ Comp Underwriter

Danielle Julien has been hired by wholesaler All Risks Ltd. as a workers’ compensation brokerage underwriter located in San Diego, Calif. Julien will write workers’ compensation business with retail agents in California, Arizona and Nevada. Julien has eight years of …

Small Business Online Insurer AssureStart Now Writing in Maryland, Pennsylvania

AssureStart, a Seattle-based start-up direct company that sells small business insurance on the Internet, has opened for business in Maryland and Pennsylvania. Owned primarily by American Family Insurance, AssureStart opened in Texas in November 2013 and now is in three …

Baltimore Insurer to Relocate to Des Moines, Iowa

A Baltimore, Md.-based life insurance company is moving its corporate offices to Des Moines, Iowa, and it plans to employ 50 workers within the next three years, a company spokesman said. Fidelity & Guaranty Life Insurance Co. already has a …

Maryland’s IWIF to Convert to Private, Not-for-Profit Insurer on Oct. 1

On Oct. 1, IWIF, Maryland’s largest provider of workers’ compensation insurance, will launch a new name and corporate structure as a private, not-for-profit company. As a result of legislation passed by the Maryland General Assembly in 2012, IWIF will become …

Gun Liability Insurance Measures Facing Uphill Battle in State Legislatures

While lawmakers in most states have introduced measures in their current legislative sessions that address gun control and gun liability issues, their approaches vary widely, largely depending on the area of the country in which their states are located. Legislation …

No Hurricane Deductibles for Sandy Claims in New Jersey, Maryland

Hurricane deductibles will not be applicable for Sandy-related claims in New Jersey, the state where the superstorm made landfall late Monday. New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski communicated to the insurance industry Tuesday night that …

Nearly 600,000 in Virginia Sign Up for Earthquake Drill

Nearly 600,000 Virginia residents are expected to participate in a multistate earthquake drill this week. Gov. Bob McDonnell says many people didn’t know about earthquake safety when a magnitude-5.8 quake hit Louisa County on Aug. 23, 2011. The governor is …