Insurance agents, brokers and other licensees of the New York State Insurance Department are now able to obtain and print copies of new and renewed licenses by accessing a self-service feature on the department’s Web site. The department issues approximately …
The number of California workers’ compensation insurance claims fell 13 percent between policy years 2007 and 2008 to 358,077 claims. However, a new report by the Workers’ Compensation Insurance Rating Bureau shows that the average incurred loss on a claim …
Align Financial Group Inc. has added Jeffrey Abram as a broker in the San Diego Office of the company’s newly acquired professional liability subsidiary, E.L.M. Insurance Brokers. Abram was previously a senior broker for Regional Excess Underwriters, heading its Washington …
Colorado Gov. John Hickenlooper announced that Rep. Jim Riesberg will be the state’s new Commissioner of Insurance. He will resign his House seat on June 30 and start work on July 1. Riesberg will replace John J. Postolowski, who was …
A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on homeowners’ insurance in the event of a disaster took effect on June 27. Meanwhile, two insurance trade associations continue to …
The U.S. Supreme Court rejected an appeal by the major tobacco companies of a $270 million award for a Louisiana smoking cessation program. Altria Group Inc’s Philip Morris USA Inc, a Reynolds American Inc unit, a Lorillard Inc unit and …
The nation’s largest association of insurer fraud investigators has contributed $10,000 to a memorial fund honoring two Louisiana investigators who were killed in the line of duty June 7. The board of directors of the International Association of Special Investigation …
Short Hills, N.J.-based insurance broker Bollinger Inc. has acquired the Cranford, N.J. agency, The Property and Casualty Group (PCG). Terms were not disclosed. PCG It sells commercial and personal insurance in New Jersey, New York and Connecticut. The agency was …
Bermuda has signed a Tax Information Agreement, or TIEA, with the Republic of Indonesia at a ceremony in London on Wednesday, June 22, attended by Bermuda’s Premier, the Hon. Paula A. Cox, JP, MP, and H.E. Yuri Octavian Thamrin, Ambassador …
Lloyd’s insurer Ascot Underwriting Ltd. announced that it has increased its capacity from £600 million [$958 million] to £650 million [$1.038 billion] “to support its 2011 business plan.” Andrew Brooks, CEO of Ascot Underwriting explained: “Market conditions are changing, providing …
