Plymouth Rock Assurance Corp. has named David R. Cormier as senior marketing representative based in Connecticut. He will manage existing agency relationships and develop additional agent appointment opportunities in Fairfield County, Litchfield County, and portions of New Haven County. Cormier …
A national insurance trade group has filed an amicus brief urging the U.S. Supreme Court to overturn the cases of Safeco Insurance v. Burr and Geico General Insurance v. Edo, which said insurers acted in willful disregard of the law …
A consumer research group called for warning labels on toys with magnets after more than 4 million Mattel play sets were recalled over injuries to several children who swallowed magnets that fell off. The Consumer Product Safety Commission, which announced …
Regulators want to make sure that insurers are serving the urban market appropriately, according to Illinois Insurance Director Michael T. McRaith, who spoke at a recent workshop sponsored by the Urban Insurance Partners Institute (UIPI), a nonprofit insurance industry organization. …
Timothy Chaix, president of Irvine, Calif.-based R.E. Chaix & Associates, announced that its commercial auto division has added Safeco as a new admitted market for California agents. Eligible classes of business include but are not limited to: contractors (artisan & …
Florida homeowners will pay a 2.5 percent surcharge on their insurance premium when they renew policies in a plan approved last week by state regulators, a move to help bail out the state-backed insurance company for people who can’t get …
German insurer Allianz SE said it had reached a new labor deal that avoids any near-term compulsory layoffs but still foresees some 5,700 jobs cut by the end of 2008. Under the agreement with the ver.di union, Allianz pledged that …
Hurricane Katrina’s 100-plus mph winds only damaged the eaves of Morris Strickland’s shopping center a few miles from the Ocean Springs, Mississippi beach. The damage cost less than $2,000, and stores leasing space in Eagle Plaza quickly reopened. Yet even …
Since October 2005, 75,700 new workers have joined Louisiana’s workforce, according to the October 2006 nonfarm employment estimates released recently by the Louisiana Department of Labor. “Louisiana’s nonfarm workforce has grown from its lowest level of 1,718,900 in October 2005, …
The Texas Department of Insurance (TDI), Division of Workers’ Compensation (DWC) will present a two-day educational conference Dec. 4-5, 2006 in Austin. The 2006 DWC Conference will feature presentations by two Texas legislators who played key roles in recent reforms …
