North Carolina officials believe tougher and better building codes are essential to protect property along the coast and safeguard the state’s strong property insurance market. News Currents Tougher building code standards aimed at reducing future hurricane damage in North Carolina …
Some insurer groups described the Indiana session as a knock-down, drag-out fight to protect the interests of property/casualty insurance industry. Whether you want to blame the recent bombardment of tornadoes, hail storms and spring blizzards on global warming or just …
Kan. and Mo. legislatures consider proposals targeting insurance fraud The Coalition Against Insurance Fraud is reporting that the Kansas and Missouri legislatures are considering proposals that would require insurers to report suspected frauds and allow the insurance department to issue …
Over the past decade, nearly two out of three victims in fatal car crashes involving 15- to 17-year-old drivers were the passengers of the teen drivers, occupants in other cars or pedestrians. A new report uncovers the wider tragedy of …
Lighthouse Underwriters, an Anandale-Va.-based program underwriting company, announced that Sean Gormley has been promoted to senior vice president. In this position he will be responsible for the day-to-day operations at Lighthouse. Lighthouse recently was acquired by U.S. Risk Insurance Group, …
New Markets Nuts & Bolts: OneBeacon Insurance, working with select independent insurance agents, has developed a solution for the increasingly complex risks of community banks through a combination of coverages designed specifically for these financial institutions and broader property and …
Fort Dearborn Life Insurance Co., Highmark Life Insurance Company Chicago-based Fort Dearborn Life Insurance Company, a subsidiary of Health Care Service Corporation., a Mutual Legal Reserve Company, has announced its intent to acquire the life and disability business of Highmark …
Joel Ario, Oregon Insurance Administrative News Currents New uniform credit agencies’ scoring system not likely to impact insurers The recent announcement by the three major consumer credit reporting agencies that they have created a new credit scoring system aimed at …
CREDIT AGENCIES GO UNIFORM Insurer groups discuss impact TEEN DRIVING TRAGEDIES WIDEN States addressing issue one by one
“I personally believe insurers would be better off if they had more standardization, much like the banking industry,” Joel Ario, News Currents New uniform credit agencies’ scoring system not likely to impact insurers The recent announcement by the three major …
