Home State Taxation Under the NRRA As of July 21, 2011, the Nonadmitted and Reinsurance Reform Act (NRRA), also known as Subtitle B of the Dodd-Frank Wall Street Reform and Consumer Protection Act, reshapes the landscape for state taxation of …
New York dropped the last two criminal cases tied to a 2004 bid-rigging scandal involving Marsh & McLennan Cos. after failing to win convictions of any of the eight insurance executives indicted. The state attorney general’s office has dismissed its …
It’s looking like 2011 should be an interesting year in the insurance world, with Republicans in Congress aiming to take down the new health insurance reform laws and states trying to figure out how to deal with the new regulations …
Gas Station Market Detail: Cal-Regent Insurance Services works with commercial insurance brokers as a specialist in garage liability and commercial auto coverage packages. Can work with hard-to-place risks and risks with any loss history; comprehensive and competitively priced coverage offerings. …
Washington D.C.-based broker Ames & Gough has named Christine Payne as senior account manager. Payne, who has more than 25 years of insurance industry experience, will oversee service and insurance placements for a wide range of clients in the Washington, …
The constant innovation indigenous to the technology industry may make the idea of risk management seem difficult and sometimes impossible. While challenging, tackling technology risk is not all that different than addressing possible exposures in other industries: Awareness and active …
The property/casualty insurance industry turned a corner and will show a profitable year for 2010, but underwriting discipline will be more important than ever in 2011, according to property/casualty CEOs. “2010 was an acceptable year, a good year,” said Liam …
Allstate Insurance has agreed to stop selling its “Your Choice Auto” (YCA) insurance program in California, in response to a challenge brought by the nonprofit Consumer Watchdog. The insurer has stopped issuing new YCA policies and will phase out the …
How The Pennsylvania Insurer Made a Company-Wide Shift in its Business Approach Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year in its history. That’s …
Hub International Chicago-based Hub International Ltd. (Hub), an insurance brokerage firm, has announced several acquisitions. It has acquired the shares of Hall-Conway-Jackson Inc. and the assets of Cascade Insurance Group Inc., Bothell, Wash.-based insurance brokerage and employee benefit firms, respectively. …
