The National Association of Insurance Commissioners (NAIC) announced that it has adopted a formal resolution urging Congress to adopt a two-year extension of the Terrorism Risk Insurance Act (TRIA). The resolution, adopted by state insurance regulators at their Summer National …
Effective litigation, cooperation, greater understanding of labor laws and meaningful communication are reportedly the keys to preventing lawsuits. Underwriters need to find out if HR understands state labor laws, whether they have outside counsel to help them and should seek …
Alabama Gov. Bob Riley announced more than $5.2 million in federal funding for the City of Birmingham as part of the Federal Emergency Management Agency (FEMA) Hazard Mitigation Grant Program. The funding is a result of projects identified following severe …
More than 30 bills have been drawn up for consideration in July’s special session on medical malpractice insurance. State House Speaker Fred Parady, R-Rock Springs, said he expects more to come, although many bills are slight variations of the same …
Maryland Gov. Robert Ehrlich, Jr., announced the creation of the Governor’s Task Force on Medical Malpractice and Health Care Access and named the Honorable Raymond Thieme chairman. Gov. Ehrlich has directed the task force to conduct a thorough and comprehensive …
The Hartford Financial Services Group, Inc.announced that Dana A. Drago has been appointed executive vice president of field, sales and service for its property-casualty operations, effective July 15. Drago joins The Hartford from Bank of America, where she most recently …
Donald E. Bowles, Jr., president of McQueary Henry Bowles Troy LLP in Dallas, won the Drex Foreman Award and Rowdy Nutt, a producer with Bosworth & Associates in Tyler, was named IIAT Young Agent of the Year for 2004 by …
MarketScout, based in Dallas, reported that Rod Newcomer has joined the firm as vice president and chief financial officer. Newcomer will direct MarketScout’s expanding finance and accounting operations and manage the newly formed Premium Finance Division. Additionally, he will work …
HIP Health Plan of New York (HIP) has acquired ConnectiCare Holding Company (ConnectiCare) in a transaction that unites the companies, The parties say thed eal allows for regional growth while retaining local autonomy. HIP, a private, not-for-profit managed care company, …
Woronoco Bancorp, Inc., the holding company for Woronoco Savings Bank, has signed an agreement to acquire The Colton Agency, Inc., an insurance agency located in Westfield, Mass. The bank plans to merge the agency with its current insurance subsidiary, Keyes, …
