The Oklahoma Workers’ Compensation Court announced that the Multiple Injury Trust Fund (MITF) assessment rate to be charged for the period of July 1, 2007, through June 30, 2008, is 2.14 percent of: – gross direct premiums written for workers’ …
A consumer group urged Gov. Brad Henry to veto a massive civil justice measure, arguing that the 109-page bill is replete with anti-consumer provisions and that insurance companies it is designed to protect are making record profits. J. Robert Hunter, …
The chief executive officer of the Slidell, La., Chamber of Commerce – a Baton Rouge native who spent more than 30 years in insurance – will take the No. 2 job in the state insurance department beginning in May. Insurance …
Only 2,000 workers have signed up for a state program that helps small companies provide health insurance to their employees. Nearly $70 million sits in a special fund for the program, but employers say the plan is so restrictive that …
Illinois state police routinely turn down requests for public information, whether from grieving relatives, insurance companies deciding whether to pay a claim or even other police officers doing research, a review shows. The policy extends to withholding reports on murders …
Severe tornadoes in several southern states helped push catastrophe losses to more than $1.2 billion during the first quarter of 2007, according to the industry’s Property Claim Services (PCS), a unit of Insurance Services Office. U.S. property/casualty insurers are expected …
ACE USA has appointed Michael Harnett to the position of senior vice president, Mid-Atlantic region for ACE Risk Management (ARM). Based in Philadelphia, Harnett will oversee ARM branch operations in the Mid-Atlantic states, working with brokers in managing new business …
Harleysville Group Inc. reported diluted operating income of $0.70 per share for the first quarter of 2007, a 13 percent increase compared to $0.62 per share in the first quarter of 2006. First quarter net written premiums were $207.0 million …
Insurance broker and rsk management firm Hilb Rogal & Hobbs Co. reported 2007 first quarter total revenues were $198.2 million, compared with $183.8 million in the 2006 first quarter. Commissions and fees were $192.2 million for the quarter, compared with …
If the federal government’s terrorism insurance program were allowed to expire, private market terrorism insurance coverage would become largely unavailable and unaffordable, and the gears of commercial real estate would grind to a halt, according to the National Association of …
