Joseph Beneducci has been elected to president and chief operating officer of Fireman’s Fund Insurance Company, according to Charles Kavitsky, chief executive officer. The appointment was approved by the Fireman’s Fund Board of Directors during its meeting on Feb. 3. …
An insurance company owner at times gave conflicting testimony on Feb. 7 about a $1,000 contribution to former Oklahoma Insurance Commissioner Carroll Fisher, the Oklahoman and the Associated Press reported. Mississippi insurance company owner Johnny Morgan at first told jurors …
The Kansas House today gave final approval to insurance legislation aimed at helping universities, but which also included an anti-abortion amendment, according the Lawrence Kansas Journal. Approved with a vote of 110-14, the measure will now go to the Senate …
The Chubb Corporation has amended Chubb’s Corporate Governance Guidelines regarding the election of directors to its board. Under the amended guidelines, any director who receives more “withheld” or “against” votes than “for” votes in an uncontested election must submit his …
The Bush administration’s choice to lead the government’s traffic safety agency pledged this week to make the nation’s highways and roads safer for families while tackling issues like vehicle rollovers and teenage crashes. Nicole Nason, who was Transportation Secretary Norman …
Rhode Island Gov. Don Carcieri introduced plansthis week to set up a $100 million trust fund to help small businesses provide affordable health care to employees. He is also seeking a $20 million bond to develop a real-time patient health …
The Baldacci administration and board chairman of the Dirigo Health Agency that the Maine governor has championed recently urged a legislative panel to expand the authority of the agency board. A bill brought before the Legislature’s Insurance and Financial Services …
A New York judge has granted American International Group a restraining order against its former chief executive officer, Maurice Greenberg, and his agency, Starr Technical Risk Agency, that bars Starr from placing its AIG business with other insurers. The order …
Pennsylvania Gov. Ed Rendell this week ordered follow-up inspections of the state’s active underground mines in the next 30 days, citing the deaths of 16 mine workers in West Virginia since early January. He also asked mine operators to observe …
The National Association of Mutual Insurance Companies (NAMIC) questions the trend by the National Association of Insurance Commissioner (NAIC) to create new insurance industry databases. “The proliferation of NAIC databases undertaken without regard to cost, duplication, or confidentiality is a …
