March 16, 2004
A division of Chicago-based online broker InsuranceNoodle has introduced a new Internet-based small business workers’ compensation insurance program for agencies in Indiana in Michigan. The division, InsureVianet, is based in Bloomfield, Conn., and is using “A+”-rated carriers Xl Specialty Insurance …
March 15, 2004
The AIG Companies have introduced SAFETY Act Homeland Protector, a new set of product and professional liability coverages designed for companies developing and selling anti-terrorism products and technologies in accordance with the Support Anti-Terrorism By Fostering Effective Technologies Act of …
March 15, 2004
Seattle-based Safeco Corporation announced it has entered into a definitive agreement to sell its life and investments operations to a group of investors led by White Mountains Insurance Group, Ltd., and Berkshire Hathaway Inc. The sale includes Safeco Life & …
March 15, 2004
Long-needed, comprehensive reforms to Florida’s troubled workers’ compensation system passed during last May’s special session of the Legislature, culminating a long-term effort by Florida’s business and insurance industry coalition, with the support of Gov. Jeb Bush and legislative leaders. Just …
March 15, 2004
A March 11 fire at the Boaz Shopping Center in Alabama brought eight area fire departments to fight the blaze, which destroyed one business and damaged five others. Three Boaz firefighters were treated for smoke inhalation and dehydration following the …
March 15, 2004
The insurance regulatory organization from Montana received Accreditation awards under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. The honor was presented at the 2004 NAIC Spring National Meeting here. “We hold our state insurance …
March 15, 2004
Withdrawal of a proposal on Saturday, during a meeting of the NAIC Blanks Working Group, to have the National Association of Insurance Commissioners (NAIC) Annual Statement reflect Sections 406 and 407 of the Sarbanes-Oxley (SOX) Act, drew applause from the …
March 15, 2004
A woman is charged with stealing more than $100,000 from the Florida Insurance Guaranty Association, where she was employed, by opening a fictitious vendor account and submitting fraudulent claims. Insurance fraud investigators with the Department of Financial Services last week …
March 15, 2004
New Hampshire insurance professionals have set the date and agenda for their annual insurance education day. The All-Industry I-Day will be held April 15 at the Wayfarer Inn in Bedford. As part of the main industry panel on regulatory changes, …
March 15, 2004
Oklahoma lawmakers have so far buried proposals this session to change the state insurance commissioner position from an elected office to one that is appointed by the governor, according to the Associated Press. Proponents maintain that moves to appoint the …