DriverShield Corp. of Ronkonkoma, N.Y. announced it has entered a contract with a major property and casualty insurer to test its online system for managing collision repairs for the insurer’s commercial business. The insurer will run a 90-day trial and …
Florida Governor Jeb Bush announced the creation of the Select Task Force on Healthcare Professional Liability Insurance to address the impact of skyrocketing liability insurance premiums on healthcare in Florida. The task force will make recommendations to prevent a future …
The Texas Department of Insurance recently updated its Homeowners Insurance Rate Guide. It can be found on TDI’s Web site at www.tdi.state.tx.us. The guide compares compare rates among companies that sell homeowners insurance in areas across the state. It lists …
Arkansas State Insurance Commissioner Mike Pickens issued a Cease and Desist Order to AMS Staff Leasing, NA Inc., a company that the insurance department alleges had been illegally offering workers’ compensation insurance in the state. The department also stated that …
Aon Corporation announced that David C. Thompson has joined Aon Re US as VP in their San Francisco office, and that Al Orendorff has been named to the newly created position of director of public relations. Thompson, who has broad …
The Chicago Board of Underwriters announced that the it will hold its 154th Annual Meeting and Luncheon on Wednesday, September 18, 2002 at the Union League Club of Chicago. The event will include a keynote address and panel presentation: “Hard …
The WCIRB’s recently released summary of statewide first quarter 2002 experience shows sharp increases in insurer rates as well as continued deterioration in loss development. Average insurer rates on policies written in the first quarter of 2002 are 21 percent …
California trial lawyers successfully passed SB 688 out of the Assembly Judiciary Committee on Aug. 27, 2002 that, if enacted, will substantially increase lawsuits, insurance costs and legal costs to local government throughout the state, according to the Personal Insurance …
Standard & Poor’s commented on Fireman’s Fund Insurance Co. and its related entities (FFIC), saying the double-‘A’-minus counter party credit and financial strength ratings on FFIC remain on CreditWatch with negative implications, where they were placed on Aug. 1, 2002. …
Kibble & Prentice continues to implement its acquisition strategy by acquiring P. Robert Brown Inc., a 30-year-old Seattle-based insurance brokerage. As the industry becomes more complex, providing customers with a full range of insurance and employee benefits requires more critical …
