Reformed state regulation of insurance is the most desirable course for the future according to a National Association of Mutual Insurance Companies (NAMIC) speaker at a media briefing on “An Optional Federal Charter: The Future of Insurance Regulation” hosted by …
Michigan Gov. Jennifer Granholm (D) has signed into law a bill limiting insurer exposure under the Standard Fire Policy Act. The state follows similar action earlier this year by Virginia, Minnesota and Nebraska, according to the Alliance of American Insurers. …
Chicago-based CNA says it is creating opportunities for agents in Small Business with its people, services, technology, broad appetite, underwriting excellence, comprehensive products and programs, and targeted classes for profitable growth. Agents are now able to meet the insurance needs …
The Ohio General Assembly’s Joint Committee on Agency Rule Review accepted an administrative rule sought by the Ohio Department of Insurance regarding an insurance company’s use of a consumer’s credit score for personal automobile and homeowners insurance. “Credit scores” are …
A bill which made technical changes to the Minnesota guaranty fund was modified to include changes to the Insurance Fair Information Reporting Act that eliminates the need for insurers to obtain up-front written authorization from policyholders or applicants before collecting …
Brian D. First, a 13-year veteran of the commercial and captive insurance industry, has been named vice president, marketing for the Specialty Marketing Group (SMG) of Discover Re, the alternative risk transfer operation of The St. Paul Companies, based in …
The Professional Insurance Agents of New Jersey Inc. also announced that Gerry Wilson, president and CEO of Palisades Safety and Insurance Management Corporation, will receive the “Company Person of the Year” award at the association’s annual conference to be held …
The Professional Insurance Agents of New Jersey Inc. announced that Steven Reichman, CIC, executive VP of NIA Group LLC in Somerset, will receive the association’s “Distinguished Insurance Service” award at its annual conference to be held at Bally’s Atlantic City, …
Pennsylvania Insurance Commissioner Diane Koken has issued an announcement urging the state’s consumers to review their insurance policies for information on coverage of property damage from weather-related disasters. “Knowledge is a consumer’s best policy, and it is critical that consumers …
The Philadelphia-based law firm, Saul Ewing LLP, announced that Maryland’s soon to be former Insurance Commissioner, Steven B. Larsen, will join its Baltimore office as a partner in its Insurance practice group. Larsen, who officially leaves office tomorrow, has received …
