Yearly Archives: 2001

‘A-‘ for NIAC

A.M. Best Co. assigned an “A-” financial strength rating (FSR) to Nonprofits’ Insurance Alliance of California (NIAC) and “B++” ratings...

INSURERS PAYING POT CLAIMS

According to an AP Online report, insurers are paying out claims to a growing number of medical marijuana users whose...

ST. PAUL BUYS LONDON GUARANTEE

The St. Paul Companies finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is...

NEW PARTNERSHIP FOR W/C

Advantage Workers’ Compensation Insurance Company of Salt Lake City was named the underwriting partner of Boise-based WorkCare NorthWest, a partnership...

NAIC DEBATES FRAUD PROVISION

On behalf of the nation’s insurance commissioners, NAIC President and Kansas Insurance Commissioner Kathleen Sebelius is urging Congress to remove...

HO PREMIUMS UP SLIGHTLY

Overall, the industry reported a 6.6 percent increase in direct premiums for homeowners multiperil insurance from 1999 to 2000, according...

NEW SUVS DON’T CRASH WELL

Accord-ing to the Insurance Institute for Highway Safety, automakers are marketing new midsize SUV models for 2001 and 2002, but...

IS AUTO MARKET OVERREGULATED’

The extensive over-regulation of automobile insurance rates in some states shines a spotlight on the potential benefits of a market-driven...

SENATIVE OKS NAFTA FUNDS

The NAII said it is cautiously optimistic about the Senate vote to increase funding levels for implementation of the North...

MORE AFTER-MARKET PARTS

The Nevada Division of Insurance’s 2001 Auto Body Survey shows that more of the state’s auto shops are using after-market...