Public regulation commission suspends New Mexico’s superintendent State Insurance Superintendent Eric Serna has been suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating the office. Attorney General Patricia Madrid said an “inadequate controls …
Editor’s note: This is the second article in a series on Western insurance associations. Part I of this article appeared in the April 3, 2006, western region publication beginning on page 47. As people migrate to the West, insurers’ must …
Top meteorologist predicts 17 named storms will form in Atlantic Basin A well-known meteorologist is predicting that 17 named storms will form in the Atlantic Basin during the 2006 hurricane season, and the 2006 Atlantic hurricane season will be much …
A national insurance license helps agents by providing uniformity of regulatory standards; eliminating rate regulation; and allowing new products to be brought to market more quickly. Not all agents oppose an optional federal charter The Commissioners are now fully prepared …
News Currents Risk Management Solutions, Newark, Calif., has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific, and that they are designed to justify insurance premium increases. …
The chief proponent of a new law cited by Nevada in trying to block a mining industry watchdog group’s efforts to stop pollution from an old Nevada gold mine said that he didn’t envision the law being used that way. …
News Currents Sometimes common sense is all one needs to reduce a child’s risk of getting hurt. Sometimes it requires technology. A coalition of parents and safety groups, including the American Academy of Pediatrics, are counting on both those things …
The Hartford teams with Blue Cross of California affiliate The Hartford Financial Services Group Inc., a workers’ compensation insurance provider, will team up with BC Life & Health Insurance Co., an affiliate of Blue Cross of California to allow The …
Farmers are adding agritainment or agro-tourism to their operations, such as using the farm for haunted houses, corn mazes, cider mills, vineyards with wine festivals and restaurants, craft shops and hay rides, among other activities. Understanding buyers is key to …
A judge approved a $2.65 billion class-action settlement of claims that ad revenue was counted in a fraudulent manner prior to the merger of America Online and Time Warner. U.S. District Judge Shirley Wohl Kram signed a ruling approving the …
