Massachusetts may be getting a lot of attention for a new law requiring health insurance for all state residents, but in Nashville, Tennessee Gov. Phil Bredesen is happy to be taking what he calls the opposite approach. Bredesen, a Democrat, …
State officials in Jackson have warned Mississippians to be aware of a potential scam involving Medicare prescription drug cards and Medicare Part C, known as Medicare Advantage. The state insurance department, working with the attorney general’s office, said it was …
Nearly $1 billion in state tax dollars would go to offset the deficit faced by Citizens Property Insurance under an amendment approved in Tallahassee, Fla. by a House panel that would help out Florida homeowners who are facing having to …
Anthony M. “Tony” Grippa has been named as the new profit center manager for the Daytona Beach, Fla. retail operation of Brown & Brown Inc. He will be responsible for overseeing the company’s original and largest retail profit center, in …
The American Insurance Association has responded to stunningly careless and inappropriate public comments made last week by Mississippi Attorney General Jim Hood, in which he compared insurance companies dealing with Hurricane Katrina claims to “Nazis locking arms, coming at those …
Bermuda-based AXIS Capital Holdings Limited announced that Richard T. Gieryn, Jr., currently General Counsel of AXIS U.S. Holdings, Inc., has been promoted to General Counsel. In his current position he serves as chief legal counsel for AXIS Capital’s global underwriting …
According to figures released by the British Virgin Islands (BVI) Financial Services Commission the territory posted 10 percent overall growth in its captive insurance business in 2005. “Since the captive legislation was introduced in the BVI, a total of 543 …
A new report from Standard & Poor’s Ratings Services Ratings -“Industry Report Card: European Insurance-” has found that financial ratings in the European insurance sector are predominantly stable. “Despite continuing debates about defining appropriate measures of earnings and capital, balance …
A note on the Lloyd’s Website (www.lloyds.com) describes a new initiative from global broker Marsh, which offers a “new range of products covering celebrities and those working behind the scenes in TV, film, music and events.” Risks in the entertainment …
Dublin-based Research and Markets announced the addition of UK Commercial Liability Insurance 2006 to their offering. The research firm said the new report presents “an overview of three key UK liability markets: Employers liability, professional indemnity and directors & officers.” …
