February 24, 2011
The Insurance Industry Charitable Foundation (IICF) has announced that Fireman’s Fund Insurance Co.’s philanthropic initiative, the Heritage Program, will be honored at the Foundation’s Annual Benefit Dinner. The Heritage Program, established in 2004, is a renewed social commitment to the …
February 24, 2011
Reno, Nev.-based Employers Holdings Inc. has reported fourth quarter net income of $20.1 million compared with $11.3 million in the fourth quarter of 2009, an increase of $8.9 million in net income. The company said net income in the fourth …
February 23, 2011
Allstate Insurance Co. announced it plans to add 120 new agency owners in California during 2011, in an “aggressive recruiting campaign” in the state. Allstate signed on 44 new California “exclusive agents” in 2010 and 17 in 2009. Additionally, Allstate …
February 23, 2011
Crouse and Associates Insurance Services has added Frank Cardoso to its Production Team as a senior property and casualty broker in the company’s Fresno, Calif., office. Cardoso recently worked in the Fresno office of American E&S, and with Network E&S …
February 23, 2011
To increase the incentive for all Oklahoma drivers to carry mandatory liability auto insurance, a House of Representatives committee voted to prohibit uninsured drivers from being able to sue for vague “pain and suffering” damages after an accident. “There have …
February 23, 2011
Legislators in both California and Colorado have proposed new laws that would prohibit communities from charging a fee when police and fire personnel respond to motor vehicle accidents. The city of Sacramento recently adopted just such a “fire recovery charge” …
February 23, 2011
The Ohio Department of Insurance announced the retirement of Bill Rossbach, an integral part of the department’s Financial Regulation operation for the past 35 years. Rossbach most recently served as chief regulatory officer. Rossbach joined the Financial Regulation staff in …
February 23, 2011
Homeowners Choice, Inc. a Florida-based insurance holding company, has taken initial steps to enter the Alabama homeowners insurance market, its first market outside of Florida. According to the company, it expects to satisfy the Alabama regulatory requirements and begin operations …
February 23, 2011
The U.S. Supreme Court ruled that federal regulations setting vehicle safety standards do not bar lawsuits seeking damages from automakers for installing lap-only seat belts. The unanimous ruling held that a California lawsuit against Mazda Motor Corp. over a fatal …
February 23, 2011
For medical risks seeking employment practices liability coverage, NAS Insurance Services offers a $2,500 SIR, competitive premiums, and provides policyholders with risk management tools and resources. The broad policy definition of employees includes locum tenens. Stand alone D&O is offered …