The Insurance Industry Charitable Foundation’s Western Division has awarded 26 community grants totaling $132,000 to nonprofits in the first quarter of 2011. The Western Division focuses its grant making in four areas: child abuse prevention, education and awareness; disaster preparedness …
Mississippi Insurance Commissioner Mike Chaney has officially announced his intention to seek a second term. Chaney was first elected to office in November 2007 when he beat Democrat Gary Anderson by taking 57 percent of the vote. Chaney succeeded long-time …
Five Louisiana metropolitan areas saw home foreclosure activity jump in 2010 as the national housing crisis spread from its initial hot spots, a tracking firm said. Irvine, Calif.-based RealtyTrac said foreclosure filings for homeowners – ranging from an initial default …
Insurance Brokers and Agents of the West (IBA West) has installed new officers and directors. Tim Minaka Jr., senior vice president of FIA Insurance Services in Pasadena, Calif., was installed as president. Other officers include: President-Elect Steven Shea of Barney …
Oklahoma State Sen. Earl Garrison wants insurance companies to be accountable to citizens and justify any rate increases. He has introduced Senate Bill 354, which would ensure that premium rate information relating to the individual accident and health insurance market …
An advertising and public relations campaign by the Pennsylvania agency that coordinates insurance fraud prevention activities is increasing the public’s understanding of various kinds of fraud, according to a new study by the group. The Pennsylvania Insurance Fraud Prevention Authority …
Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance policy to allow insurers to exclude coverage …
Peerless Insurance has appointed Robert M. Rooney Jr. to regional vice president, New Hampshire-Vermont region. Rooney will oversee growth of commercial lines business and maintaining strong agency relations in New Hampshire and Vermont. Based in the company’s home office in …
The Chubb Corp. reported that net income in the fourth quarter of 2010 was $620 million, compared to $695 million in the fourth quarter of 2009. For the year ended Dec. 31, 2010, net income was $2.2 billion, the same …
Eight Floridians who provided information that led to arrests and convictions in five major insurance fraud cases have been given rewards totaling $50,500. These citizens helped uncover more than $2 million in fraudulent insurance billings leading to 26 arrests to …
