Recent reports show that disposal well operators placed about 23 percent less saltwater into Oklahoma’s deepest geological formation within the earthquake zone in 2016 compared to the previous year. In addition, Oklahoma Geological Survey data also showed there were 623 …
Texas Commissioner of Insurance David Mattax has been elected secretary-treasurer of the National Association of Insurance Commissioners (NAIC), and Oklahoma Insurance Commissioner John D. Doak was elected vice chair of the group’s Midwest Zone. Mattax has held several leadership positions …
Insurance industry lobbying groups have spoken out against a proposed amendment to an Illinois statute that would give insurance regulators in that state more control over workers’ compensation rates. Illinois House Amendment 4 to SB 2901 would, among other things, …
A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely has found hockey pucks …
Several Midwest states, including Illinois, Indiana, Iowa and North Dakota, experienced transitions among insurance commissioners as 2016 folded into 2017. Illinois Gov. Bruce Rauner named Jennifer Hammer to head of the Illinois Department of Insurance to replace Anne Melissa Dowling, …
Wisconsin Insurance Commissioner Ted Nickel has been elected as president of the National Association of Insurance Commissioners (NAIC). Created in 1871, the NAIC establishes standards and conducts peer reviews for insurance regulatory agencies across the nation. In addition to Nickel, …
Anthony F. Markel, vice chairman of the board at Markel Corp., was honored by The Peter J. Tobin College of Business at St. John’s University as the School of Risk Management’s 2016 Insurance Leader of the Year at its 22nd …
New York State’s Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses employing people with criminal convictions. The regulation, called Insurance Regulation 209, serves …
The New York State Department of Financial Services has updated its proposed cybersecurity regulation to protect New York State from the threat of cyber-attacks. The proposed regulation, which serves as the first of its kind in the nation, will be …
The United States District Court for the Eastern District of Pennsylvania in December ruled that Evanston Insurance Co. is not obligated to defend Tri-Arc Financial Services Inc. in an underlying lawsuit because of an exclusion in its professional liability insurance …
