A decrease in the rates charged to consumers living in Kentucky counties that participate in the Kentucky Mine Subsidence Insurance Fund has been announced by the Kentucky Office of Insurance in Frankfort, Ky. Due to this action, consumers in 34 …
The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute. A declining number of auto accidents, safer cars and fraud-fighting efforts are some of …
The last couple of years haven’t been very safe for motorcycle riders in New Hampshire, so with bikes already out of winter storage and even more expected on the road this summer because of high gasoline prices, safety officials want …
PEORIA, Ill.-based RLI Corp has hired Craig Kliethermes, FCAS, MAAA, CPCU, as the company’s new vice president, actuarial services. Kliethermes will report to RLI Sr. Vice President, CFO Joseph Dondanville. Kliethermes’ responsibilities include pricing, reserving, enterprise risk modeling and actuarial …
Rhode Island Governor Donald L. Carcieri is urging lawmakers to support his Health Care Tort Reform Act of 2006 which he says would bring balance to the state’s current tort system. “Our current tort system punishes physicians and patients, creating …
Odyssey Investment Partners, LLC has completed its previously announced acquisition of York Insurance Services Group, Inc. in partnership with York Chairman and Chief Executive Officer Thomas C. MacArthur, other members of York’s senior management and Cincinnatus Partners, LLC, a Cincinnati-based …
Liberty Mutual Group reported net income of $292 million for the three months ended March 31, 2006, a decrease of $104 million or 26.3% from the same period in 2005. Results in the quarter include a $112 million increase in …
Atlanta-based Crawford & Company has announced its board of directors has accepted the resignation of John F. Giblin as chief financial officer, effective May 2. The board named Bruce Swain, who currently serves as the controller, as interim chief financial …
A health insurance proposal that Gov. Phil Bredesen has been labeled as fiscally reckless failed to advance out of a Senate committee in Nashville, Tenn. after four Democrats and one Republican declined to vote on the measure. The Senate Commerce, …
With hurricane season looming just one month away, the Florida House has passed a bill aimed at making sure that if Florida has another bad run of storms there will be insurance companies there to cover people’s homes. The broad …
