Socius Insurance Services Inc., a San Francisco-based management liability and property and casualty insurance wholesaler, announced the appointment of Anna Vu as assistant vice president in the firm’s Los Angeles office. In this role, Vu will focus on strengthening and …
A new study released by the Insurance Research Council (IRC) has found a Washington law increased homeowners insurance costs by $190 million. The IRC study examined the impact of the Insurance Fair Conduct Act (IFCA), enacted by the Washington State …
Education to meet the California’s Department of Insurance Homeowners’ Valuation Training requirement can be obtained online. Through the Insurance Community University Web site, InsuranceCommunityUniversity.com, has created an online resource to help educate and update professionals, according to Laurie Zangwill Infantino …
Bond insurer Assured Guaranty Municipal Corp. (AGM) has formed an agreement with TheMuniCenter (TMC) for AGM to offer real-time quotes and electronic execution of its bond insurance on secondary market trades. Initially, AGM has listed approximately 5,000 approved municipal credits …
A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Illinois-based Omega US Insurance, Inc., a subsidiary of Bermuda-based Omega Insurance Holdings Limited and an affiliate …
The Montana House is giving its blessing to a deal between Gov. Brian Schweitzer and Democrats to cut workers’ compensation insurance rates universally seen as among the most expensive in the country. The path for the proposal has been paved …
The Missouri Department of Insurance has responded to Gov. Jay Nixon’s call for more efficient government by launching a new online system for verifying consumer complaints. The department now sends complaint data to insurance companies online. In the past, the …
Kansas Commissioner of Insurance Sandy Praeger named Tom Whalen as the Kansas Insurance Department’s new Producers Division director. The division qualifies and supervises Kansas insurance agents and agencies. It issues agent licenses, gives exams and approves continuing education hours for …
A state appeals court must reconsider its ruling that the Legislature acted unconstitutionally when it covered nurses who are certified to diagnose illness and prescribe medicine under Louisiana’s $500,000 cap on general malpractice awards, the Louisiana Supreme Court has ruled. …
The Minnesota Department of Commerce has ordered a Forest Lake real estate closer and insurance agent to pay a civil penalty of $420,000. The department says an investigation found that Cynthia Strand misappropriated $1.3 million in client funds for her …
