A bulletin from the Professional Insurance Agents of Connecticut, New Hampshire, New Jersey and New York State Inc. notes that “summer has come and gone. It’s time for calculators and textbooks—for the learning process to continue.” The organizations are urging …
The Alliance of American Insurers has issued a bulletin applauding the New Jersey Department of Banking and Insurance on their efforts “to quickly implement the automobile insurance reforms of SB 63.” Richard Stokes, the Alliance’s northeast regional manager based in …
The Board of Directors of Bermuda-based AXIS Capital Holdings Limited announced that they have reached new accords with the company’s top two executives. The agreements, which will become effective January 1, 2004, ensure that President and CEO John R. Charman …
The 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute wound up proceedings in London last Friday on an upbeat note. President Andy Homer told delegates that the industry “needs leaders that will actually lead.” He also …
A Williston, N.D., man has become the first employer ever sentenced to serve jail time for committing workers’ compensation fraud in state history, according to a statement from the Insurance Department. Robert Bartels, doing business as Bartels Construction, was sentenced …
Calif.-based Dealey, Renton & Associates announced the retirement of Nigel A. Renton from the Board of Directors. Renton came to the insurance brokerage in 1960, eventually becoming its sole owner. He led the highly successful firm until 1992. DRA also …
The California Department of Insurance (CDI) reached a settlement agreement requiring State Farm Mutual Automobile Insurance Company (State Farm) to pay $250,000 for selling long-term care (LTC) insurance policies that violated the California Insurance Code. CDI served a Cease and …
ACE USA announced the creation of the ACE USA Construction Group. This new construction underwriting unit will be staffed by a team of experienced construction professionals dedicated to addressing the unique insurance needs of builders and contractors. ACE USA Construction …
In 2002 Texas recorded the lowest number of occupational fatalities since data collection began in 1990, according to the Texas Workers’ Compensation Commission. A total of 417 fatal occupational injuries occurred, which represents a 22.2 percent decrease from 2001 (fatalities …
The Florida Insurance Council announced that Progressive and the National Association of Mutual Insurance Companies have recently joined the Florida-based insurance trade association. “This is one of the most significant developments for FIC in terms of new members in quite …
