Texas Insurance Commissioner Mike Geeslin announced in early January that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Commissioner Geeslin has been with TDI for eight years, and …
The Obama administration on Jan. 6 proposed a new inspection and monitoring regime to permit long-haul trucks from Mexico on U.S. highways after years of delays over safety concerns and political wrangling. The Transportation Department’s compromise seeks to revive efforts …
Republicans in the Wisconsin Legislature are aiming to repeal most of the auto insurance coverage increases mandated by Democrats, which industry and state regulators blame for higher premiums. Drivers would still be required to carry car insurance, a change that …
United Fire & Casualty, Mercer Insurance Group Iowa-based insurer United Fire & Casualty is acquiring New Jersey-based Mercer Insurance Group in a deal valued at $191 million. The merger is expected to close in the first quarter of 2011. The …
2011 Exposures “Exposures will continue the growth we saw in the second half of 2010 as the economy continues its recovery, implying increases in insurance premium volume. Still, the low interest rate climate, which will likely persist throughout 2011, will …
$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 …
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 …
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 …
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 …
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 …
