A strong earthquake with a preliminary magnitude of 7.4 occurred south of New Zealand on Sunday and there may be a chance of tsunamis, Japanese monitors said. There was no immediate report of injuries, damage or tsunamis. The quake rocked …
Will increased competition and lower pricing lead U.S. property/casualty insurers to skimp on reserves? Not according to a report published by Standard & Poor’s Ratings Services. The article, “For U.S. Property/Casualty Insurers, Is Less-Disciplined Reserving Once Again On The Horizon?,” …
Plaintiff attorney Norman Goldman, who was behind the infamous Krumme vs. Mercury lawsuit and other broker fee-related legal cases, has proposed that he will work with California insurance producers if they are willing to eliminate all broker fees, and push …
Denver-based Van Gilder has formed a joint venture with EnRisk to provide risk counsel and insurance for the energy industry. The new company, vangilder | enrisk, will serve 16 states in the western region. Michael Van Gilder, Van Gilder CEO …
Los Angeles-based Chartwell Independent Insurance Brokers LLC, a wholesale insurance broker specializing in high-risk, hard-to-place coverage, named William A. Hildebrand executive vice president and director of programs and proprietary products. His responsibilities will include fostering retail agency and market relationships …
An update to Arkansas Workers’ Compensation Commission Advisory 2000-1 sets the new maximum rates for 2008 for total disability at $522 and permanent partial disability at $392. The new Advisory 2007-1 sets $169,650 as the new threshold at which the …
Insurers have until Oct. 31 to review the discounts they offer for policies in Louisiana that don’t cover wind or have high hurricane deductibles, according to a bulletin issued by the Louisiana Department of Insurance. Department officials believe many policyholders …
A New Orleans area former bail bond was arrested and issued a cease and desist order for allegedly conducting business without a license and theft of premium, according to the Louisiana Department of Insurance. Louisiana State Police arrested Adam Z. …
Florida Excess & Surplus Lines wholesaler John Handel & Associates Inc., appointed Lorna W. Palmer as president and chief executive officer. After a 10-year stint with a Massachusetts Agency, Palmer joined St. Petersburg-based JHA in 1998. Her background in Commercial …
Cincinnati Financial Corp. recently announced that its lead property casualty subsidiary, The Cincinnati Insurance Co., has launched operations in New Mexico on September 27th with the appointment of its first independent agency in that state. Albuquerque-based Western Assurance Corp. was …
