Orlando – Since 9/11, Americans have been living in a world at an intersection between terrorism and technology, former Secretary of Defense William S. Cohen, explained during the opening of the National Association of Professional Surplus Lines Offices Ltd. (NAPSLO) …
Californians overwhelmingly consider it their personal responsibility to keep their homeowners insurance current, but do not always place a high priority on updating their policies to meet their changing needs, a new poll has found. An independent poll commissioned by …
A recent report produced by Milliman Inc. has reportedly confirmed findings from its earlier study regarding California’s Proposition 103, which instituted a system of rigid price regulation for insurance products. The new paper, Revisiting the Lingering Myths About Proposition 103, …
Pilgrim Insurance, a unit of The Plymouth Rock Group of Companies, announced receipt of an initial rating of A-/ Excellent from A.M. Best. Pilgrim, a business process outsourcer for Massachusetts auto insurance, has received the positive rating upon the company’s …
Insurance Commissioner John Garamendi announced three appointments to the Armenian Insurance Settlement Fund Board. The board was created to oversee the settlement of claims against New York Life Insurance Company as directed in the settlement of a class-action lawsuit on …
Efforts to deregulate property casualty insurance should include easing restrictions that states place on insurance companies’ underwriting, and not just on removing pricing controls, the National Association of Mutual Insurance Companies (NAMIC) said today. At its annual convention in Washington, …
Rep. Michael Oxley (R-OHIO), chairman of the powerful House Financial Services Committee which handles federal terror insurance, flood program and other industry legislation, was named the first-ever Legislator of the Year by the National Association of Mutual Insurance Companies (NAMIC) …
Following weekend tours of storm-damaged areas in Pensacola, Florida’s Chief Financial Officer Tom Gallagher announced the opening of an insurance “super-center” at the Department of Financial Services’ mobile headquarters in Pensacola. Consumers visiting the location will have access to state …
Alabama Gov. Bob Riley on Monday asked U.S. Agriculture Secretary Ann Veneman to declare Alabama a federal agriculture disaster area due to the devastation brought by Hurricane Ivan. An agriculture disaster declaration would allow farmers to apply for low-interest loans …
Texas Medical Liability Trust, Texas’ largest medical liability insurance provider, announced it would reduce rates by an additional 5 percent for member physicians. The 5 percent reduction is in addition to a 12 percent rate cut the insurer implemented earlier …
