After peaking in 2004, the number of total federal products liability lawsuits filed in the U.S. declined by 14% last year and is on pace to decline an additional 16% in 2006. The data was compiled with information gathered from …
State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states …
An Arizona House Bill that would have made it more difficult for insurers to provide consumers information about automobile and glass repair facilities has died in the Senate Rules Committee, according to Kelly Campbell, western regional manager for the Property …
A California court has found Arthur J. Gallagher had no authority to issue additional insured endorsements in a high-exposure construction defect litigation. The court ruled California law prohibits the issuance of additional insured endorsements by a broker, finding an insurance …
Networked Insurance Agents, a professional account placement organization headquartered in Grass Valley, Calif., has appointed Marcia Rudick as territorial sales vice president, in Oregon, Washington and Idaho. Rudick comes to Networked from OneBeacon in Portland, Ore., where she was a …
The Midwest Young Agents Conference, hosted by the Young Agents Committees of Illinois, Wisconsin and Minnesota, will take place June 15-17 at the Kalahari Resort and Conference Center, in the Wisconsin Dells. Full registration agency and insurance company personnel for …
Wholesale Connection Insurance Services has announced that it has purchased a book of homeowners business from Swett & Crawford. In conjunction, Chris Nitz and Yul Hur have joined WCIS. Both previously handled the program at Swett & Crawford. The homeowners …
The California Department of Insurance (CDI) Fraud Division conducted an arrest warrant sweep that resulted in the arrests of eight suspects in Tulare, Fresno and San Luis Obispo counties. The suspects in these cases are being prosecuted by the District …
Texas-based property and casualty brokerage firm National Insurance Partners (NIP) announced the launch of an acquisition and partnering plan. The company’s announcement follows the completion of a private equity infusion. NIP’s immediate focus is on the identification of highly qualified …
Louisiana Retailers Mutual Insurance Company, a workers’ compensation insurance provider, announced it has been upgraded to an “A-” (Excellent) rating by A.M. Best Company. The company said the rating upgrade reflects Louisiana Retailers Mutual Insurance Company’s solid capitalization, sound operating …
