HCC Specialty Underwriters, Inc., a specialty underwriting agency subsidiary of HCC Insurance Holdings, Inc., announced that Glenn B. Dorr III has joined its Wakefield, Mass. office. Dorr has been in the insurance industry since 1991 and most recently served as …
Policyholders with a covered claim against insolvent Reciprocal of America can expect a partial payment soon. The Virginia State Corporation Commission is authorizing the deputy receiver of the liquidated reciprocal insurer to make a 17 percent distribution to policyholder-level claimants. …
A South Carolina workers’ compensation panel has reported to Gov. Mark Sanford that changing the workers’ compensation system is the key to making the state a better place to grow business and create jobs. In June, the National Council on …
With a new Illinois state law now offering low-cost medical coverage for most uninsured children in Illinois, Gov. Rod Blagojevich flew to Washington on Monday to urge lawmakers to provide broader health insurance coverage for children around the nation. Fellow …
Insurers in Mississippi are expected to pay out $12 billion in insured losses stemming from Hurricane Katrina. According to Property Claims Services, the New Jersey-based subsidiary of the Insurance Service Office, which compiles data based on actual claims processed by …
California Insurance Commissioner John Garamendi has announced the arrest of six suspects following a two-year, multi-agency undercover investigation into an alleged insurance fraud “mill” that reportedly swindled insurance companies with false billings. The arrests came after a Grand Jury handed …
James Lee Witt, former FEMA Director and co-chair of ProtectingAmerica.org, and Admiral James M. Loy, former Deputy Secretary of the U.S. Department of Homeland Security, have announced the formation of ProtectingCalifornia.org, a coalition to improve financial recovery systems to provide …
Two McLennan County, Texas women, apprehended after they claimed to be victims of Hurricane Katrina and attempted to obtain federal emergency benefits, have pleaded guilty to filing false, fictitious or fraudulent claims and could face five years in federal prison …
SANDY, Utah – The Prime Insurance Syndicate, Inc. (“Prime”) is pleased to announce that effective October 1, 2005; Prime secured additional binding authority from certain underwriters at Lloyd’s of London. For many years, Prime’s family of companies has provided liability …
Michael Robinson has been appointed vice president and zone manager for ACE USA Professional Risk, Southeast Region, a division of the ACE Group of Companies. Robinson will work closely with brokers and clients in the Southeast with responsibility for distribution, …
