January 24, 2011
$10.2 Million The Kansas Insurance Department recovered $10.2 million for consumers last year, which is 32 percent less than it recovered in 2009. But the agency said the number of complaints from consumers about insurance companies also declined. The department …
January 24, 2011
5 Ways Independent Agents Can Begin the Year Poised for Growth Did the distractions of the holiday season take focus off of identifying ways to grow your business in the new year? If so, here are five strategies to help …
January 24, 2011
Newly sworn-in Ohio Gov. John Kasich appointed Lt. Gov. Mary Taylor to be director of the Ohio Department of Insurance. Taylor is the former state auditor. She served for four years as the state’s top fiscal watchdog guarding against fraudulent …
January 24, 2011
An Ohio insurance company in late 2010 successfully challenged a class action lawsuit involving uninsured motorist/underinsured motorist (UM/UIM) coverage in a case that played prominently in a campaign to change the way jury awards in class actions are distributed. The …
January 24, 2011
In their zeal to control health care costs, federal and state policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will be shortchanging the consumers who rely on …
January 24, 2011
Minnesota Gov. Mark Dayton appointed Mike Rothman as the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state. Rothman was most recently an attorney with the firm of Winthrop & Weinstine …
January 24, 2011
Those photos on Facebook showing you palling around with drunks, the raunchy joke you posted on Twitter, and those links to politically incorrect groups on your personal Web site — all of this information can now become part of your …
January 24, 2011
Laguna Niguel, Calif.-based Signature Insurance Group, which includes Brakke-Schafnitz Insurance Brokers Inc. (BSIB), Brakke-Schafnitz West (BSW), Saddleback Valley Insurance Centers (SVIC) and Infinity Assurance Group (IAG)), announced that on Feb. 1, 2011, it will be opening new offices in the …
January 24, 2011
Houston-based Capstone Associated Services Ltd. announced it has formed its 100th captive insurance company. Capstone formed its first captive in 1998 and has since formed captives for a wide variety of middle market businesses with headquarters throughout the United States. …
January 24, 2011
Connecticut regulators say they recovered approximately $3.4 million last year for consumers who complained that their insurers mishandled their claims — and then handed out another $2.35 million in fines against insurers. The Connecticut Insurance Department’s consumer affairs unit fielded …