Latest Pennsylvania Headlines
All the headlines from our Pennsylvania Topic Page, ordered by recency.
PMA Group Names Spina as VP
Apr 28 2005 // The PMA Insurance Group, a property and casualty insurer in Blue Bell, Pa., specializing in workers’ compensation, has promoted Mario Spina vice president of direct sales. Spina is responsible for managing PMA...
Pa. Lawmaker Wants Shield Against Obesity Lawsuits
Apr 26 2005 // A state legislator wants to add Pennsylvania to the list of states that protect the food industry from lawsuits in which people blame restaurants and other food vendors for making them fat. Rep. Douglas Reichley, R-Lehigh,...
Pa. Counties Flood for Second Time in 7 Months
Apr 11 2005 // The grim task of damage assessment continued last week as officials in nine Pennsylvania counties took note of houses, businesses, roads and bridges stricken by flooding from rains last weekend. Thousands of structures up...
P/C Industry Says Treasury Study Inadequate Gauge of Terrorism Insurance Market
Apr 11 2005 // Two months before the study is expected to be done, the property casualty insurance industry is getting nervous about a study on terrorism insurance being conducted by the Treasury Department, a study some in Congress are...
Pa. Gov. Requests Accelerated Presidential Disaster Declaration Process Following Weekend Storm
Apr 7 2005 // Pennsylvania Gov. Edward Rendell has sent a letter to President George W. Bush regarding last weekend’s flooding along the Delaware and Susquehanna Rivers. Because many of the flood-impacted areas suffered extensive,...
Pa. Sets Series of Consumer Meetings on Insurance
Apr 6 2005 // Cindy Fillman, the Pennsylvania Insurance Department’s consumer liaison, is inviting consumers to regional consumer advisory meetings to talk, ask questions and bring items of interest to the direct attention of the...
Insurers Warn in Study: Unprofitable Del. Auto Insurance Market Could Face Reduced Competition
Apr 6 2005 // Even after investment income is considered, underwriting private passenger automobile insurance in Delaware has been unprofitable for the past five years, according to a study done by the Property Casualty Insurers...
Hundreds Evacuated as Delaware River Floods
Apr 6 2005 // After Hurricane Ivan filled their little ranch house in Easton, Pa. with several feet of water, Dale and Charlotte Barr spent $40,000 to get it back in shape, doing most of the work themselves. They were just about to...
Pa. Employers to See Added Savings for Comp Costs
Mar 30 2005 // Pennsylvania Insurance Commissioner Diane Koken on Wednesday announced that the Insurance Department has recently approved a 2.89 percent average rate reduction for workers’ compensation premiums, which will save...
Pa. Man Sentenced in Murder-for-Profit Plot
Mar 25 2005 // A man who pleaded guilty to hiring a hit man to kill a used car dealer for insurance money was sentenced to 20 years in prison. Lawrence A. Skiba of White Oak sobbed after a federal judge sentenced him for his role in a...
Malpractice Payouts in Pennsylvania Rose in 2004
Mar 23 2005 // Insurance companies and other underwriters in Pennsylvania reported a steep jump last year in payments for malpractice claims against physicians, according to a federal agency. In 2004, insurers reported paying out $448...
$85 MILLION RELIANCE SETTLEMENT:
Mar 21 2005 // Pennsylvania Insurance Commissioner Diane Koken, in her role as statutory liquidator for Reliance Insurance Company, finalized the negotiation of an $85 million settlement with the former directors and officers of the...
Pennsylvania Keeps Its Workers’ Compensation Costs Under Control
Mar 21 2005 // Costs per workers’ compensation claim in Pennsylvania rose 6 percent between 2001 and 2002, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute. This contrasts with more...
Main Street Matters
Mar 21 2005 // New York is one of the worst; New Jersey is also poor; Virginia remains among the best; Massachusetts and Maryland are looking better and better; Connecticut is holding steady, while Pennsylvania has some catching up to...
Pa. Sees Slower Growth in Workers’ Compensation Claim Costs, According to WCRI Study
Mar 15 2005 // Costs per workers’ compensation claim in Pennsylvania rose 6 percent between 2001 and 2002, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). This contrasts with...
Rep. Hart of Pa. Joins Critics of Flood Insurance Plan
Mar 1 2005 // A Pennsylvania congresswoman wants more oversight of the federal flood insurance program, saying local victims were shortchanged last year. Rep. Melissa Hart, R-Pa., has joined representatives from Maryland, Virginia,...
Pa. Officials Reach $85 Million Settlement with Former Reliance Insurance Directors
Feb 25 2005 // Pennsylvania Insurance Commissioner Diane Koken, in her role as statutory liquidator for Reliance Insurance Company, announced today that the department has finalized the negotiation of an $85 million settlement with the...
Pa.-based Harleysville Insurance In Transition to Restore Historic Results
Feb 22 2005 // Several events stand out in the history of Harleysville Insurance. There was its launch as an auto theft protection association in 1915 in the Pennsylvania community whose name it shares and there was its debut as a public...
Allstate, AIG, Chubb, St. Paul/Travelers Ask Pa. Commissioner to Examine ACE Brandywine Sale
Feb 21 2005 // The law firm representing Allstate Insurance Company, American International Group Inc., Chubb & Son, and St. Paul Travelers has filed a demand, addressed to Diane Koken head of the Pennsylvania Department of...
Pa.’s Insurance Chief Koken Performs Balancing Act at Home and On the Road for NAIC
Feb 16 2005 // The nickname probably won’t be showing up anytime soon on the state’s license plates but Pennsylvania could be the Land of Stable Insurance Markets. Not that things are perfect but, according to Insurance...
