As the hurricane season recently entered its third month, a London-based storm forecaster reports that a higher-than-usual number of hurricanes are expected to hit the United States this year. Tropical Storm Risk increased its outlook for hurricane activity in the …
Lawrence H. Mirel, insurance commissioner for the District of Columbia, is stepping down from the post he has held for the past six years, the office of D.C. Mayor Anthony Williams has confirmed. Vincent Morris, a spokesman for the mayor, …
USBA (Uniformed Services Benefit Association) announced that Colonel Robin A. Snyder, USAF (Ret.) is joining the company as chief financial officer beginning September 1, 2005. Snyder served more than 27 years in the United States Air Force as a senior-level …
Cincinnati Financial Corporation on Monday announced that the board of directors has declared a 30-1/2 cents per share regular quarterly cash dividend payable Oct. 14, 2005, to shareholders of record on Sept. 23, 2005. In January, the board raised the …
The Arkansas Workers’ Compensation Commission issued a bulletin clarifying that Act 1917 of 2005, effective Aug. 12, 2005, amended Ark. Code Ann ยง11-9-402 regarding certificates of non-coverage (CnC) issued by the commission. Since Act 796 of 1993, sole proprietors, partners …
New York State Insurance Superintendent Howard Mills has named Jody Hall as special deputy superintendent and chief executive officer of the New York Liquidation Bureau. Hall will direct the overall operations of the bureau, which is tasked with the rehabilitation …
The city’s fire department needs several new ladder trucks, each of which cost $600,000, according to the fire chief and the president of the firefighters union. Pittsburgh’s contract with the Fire Fighters Local 1 union requires that the city have …
A public interest lawyer has charged Republican Douglas Forrester with intentionally skirting New Jersey law by licensing an insurance company out-of-state and using the shell operation to illegally funnel millions in loans to his largely self-financed gubernatorial campaign. In the …
Shareholders in the American International Group Inc. last week approved the insurance company’s slate of 15 board members and renewed the auditing contract of PricewaterhouseCoopers LLP, despite opposition from some major institutional investors. The voting at AIG’s annual meeting – …
Television advertising offering a free quote for hurricane coverage has resulted in an overload of business for First Heritage Insurance Services of St. Petersburg, Fla. Independent insurance agent Chris Wandembergh told the St. Petersburg Times she merely wanted to “drum …
