July 3, 2006
Say Hurricane Katrina and you immediately think of New Orleans; say Hurricane Katrina and insurance coverage, and the story is different. At the nine-month anniversary since the storm made landfall, of all the Mississippi coverage cases that have been filed, …
July 3, 2006
People The National Association of Insurance Commissioners unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association at the NAIC summer meeting last month in Washington. D.C. The elction places him in position to be president of …
July 3, 2006
Mass. agents seek 4% auto pay raise Massachusetts independent insurance agents have filed for a four percent hike in the commission they receive on private passenger auto insurance polices. If approved by Insurance Commissioner Julianne Bowler, the increase would mean …
July 3, 2006
Liberty expansion Liberty Mutual Group has begun construction of a 350,000 square foot office building located on 225 acres of land the company owns in Dover, New Hampshire. The company expects to begin occupying the building in late 2007. Joining …
July 3, 2006
New Jersey state Senator Nia Gill, D-Essex, has sponsored a bill to ban auto insurance companies from taking education and occupation into account when setting policy prices, arguing that the practice is discriminatory and circumvents laws against using race and …
July 3, 2006
Someone once said “change is inevitable” and in the health care arena that especially rings true. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room of their local hospital …
July 3, 2006
Say Hurricane Katrina and you immediately think of New Orleans; say Hurricane Katrina and insurance coverage, and the story is different. At the nine-month anniversary since the storm made landfall, of all the Mississippi coverage cases that have been filed, …
July 3, 2006
970,000 American International Group Inc. confirmed the theft of computer equipment containing personal information on about 970,000 individuals. The theft took place on March 31 at one of AIG’s Medical Excess L.L.C. unit offices in the Midwest. 1,700 Connecticut motor …
July 3, 2006
Blink blink “Someone’s going to have to blink soon.” Ted Kelly, chairman, president, and CEO , Liberty Mutual Group Inc., speaking about the industry’s pricing discipline in the face of diminishing capacity, especially in coastal areas. Down the road “Given …
July 3, 2006
The virtual, global economy challenges, humbles insurance leaders Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are …