When John Pergande took over as chairman and CEO of INSpire Insurance Solutions last fall, he had a clear vision for the company’s mission and he knew what needed to be done to turn the then-faltering company around. With little …
Texas, like many states, purports to employ a complaint allegation or “eight corners” rule. Under this “rule,” a duty to defend is determined by comparing the four corners of the petition to the four corners of the policy: if the …
Judging from the number of complaints from insurers and consumers alike in the wake of Tropical Storm Allison’s June foray through Southeast Texas, it is doubtful that Allison will end up being the most popular name for a baby girl …
The St. Paul Companies heralded a July 12 Fulton County, Ga., Superior Court ruling that allows the company to continue providing medical liability and other commercial insurance products and services to new customers in the state. With the ruling, the …
Texas Department of Insurance (TDI) Commissioner Jose Montemayor has issued emergency rules implementing the Gramm-Leach-Bliley Act privacy requirements along with proposed insurance consumer financial information privacy rules. The rules became effective July 12 and are posted on the agency’s website …
A recent study by Palm Beach Gardens, Fla.-based Weiss Ratings Inc. indicated that just eight large property and casualty insurers provide homeowners coverage to residents in hurricane-prone states. Weiss Ratings, a provider of independent insurance company ratings and analyses, said …
California Insurance Commissioner Harry W. Low announced the appointment of Franklin Stephenson to the California Automobile Assigned Risk Plan (CAARP) Advisory Committee. The appointment is a one-and-a-half-year term that ends December 31, 2002. Stephenson fills a position on the committee …
The American Insurance Association (AIA) urges the California Occupational Safety and Health Standards Board (Board) to reject a petition by the American Federation of Labor and Congress of International Organizations (AFL-CIO) to amend California’s ergonomics rules to incorporate the former …
Reality television markets itself as extreme, but by pushing the limits of safety, it also pushes the limits of liability. In order to prevent financial losses, reality television producers are turning to insurers to make sure their visions become reality. …
Nationwide Mutual Insurance and its related entities were placed on CreditWatch with negative implications by Standard & Poor’s. The rating actions point out S&P’s concerns that Nationwide’s earnings and capitalization will stay on a course to not attain expectations. In …
