Cherry Hill, NJ – Tony McIntyre, CEO and President of The McIntyre Group released a statement today announcing his firm’s strong performance for the fiscal year ending, December 31, 2004. In a prepared text, Mr. McIntyre stated that the insurance …
Oklahoma Insurance Commissioner Kim Holland announced that Craig Knutson will serve as her chief of staff at the Oklahoma Insurance Department. He will start in his new position March 1. In his role as chief of staff, Knutson will be …
The Texas Department of Insurance recently announced enforcement actions taken by Commissioner Jose Montemayor that became final during January. The actions include six license revocations, four license denials and fines and restitution totaling $2,596,780. Copies of Montemayor’s orders may be …
The California Third Appellate District Court of Appeal on Monday upheld a Superior Court ruling that knocked down emergency regulations adopted by Insurance Commissioner John Garamendi which sought to restrict the consideration of prior loss histories in underwriting and rating …
Dates and locations for town hall meetings to assist Floridians still recovering from last year’s hurricanes have been announced by Florida’s Chief Financial Officer Tom Gallagher. The first meeting will be held March 2 in Pensacola at the Pensacola Civic …
An Illinois bill that would require auto insurers to pay whatever any given body shop demanded for repairs would result in skyrocketing loss costs for insurers and higher premiums for drivers. H.B. 2330 is “anti-consumer and anti-competitive,” said Greg LaCost, …
Fitch Ratings has affirmed the ‘A’ insurer financial strength ratings of Imagine Insurance Company Ltd. (Imagine) and Imagine International Reinsurance Ltd. The Rating Outlook has been changed to Stable from Positive. The rating action follows Imagine’s acquisition of Danish Re …
Starting last Thursday, investigators from the California Department of Insurance’s Fraud Division (CDI) conducted joint operations in the Central Valley to execute outstanding arrest warrants. This sweep netted eight suspects, including six wanted by CDI for felony insurance fraud. CDI …
Bermuda-based Montpelier Re Holdings Ltd. on Monday welcomed the announcement by Standard & Poor’s Ratings Services that it had reaffirmed its “positive” outlook on Montpelier Reinsurance Ltd. and Montpelier Re Holdings Ltd. S&P also reaffirmed its ‘A-‘ counterparty credit and …
California Insurance Commissioner John Garamendi announced the appointment of David E. Wilson as chief executive officer of the state’s Conservation and Liquidation Office. Wilson brings more than three decades of accounting, health care, and insurance industry experience to the CLO. …
