Insurance News from August 11, 2003
National News
Garamendi Drops Out of Calif. Governor Race
California Insurance Commissioner John Garamendi announced he has dropped out of the...
International & Reinsurance News
Allianz Flood Claims Top $900 Million; Will Reduce BMW Stake
Germany's Allianz announced that it has now processed nearly all of the claims from...
East News
NAII Commends NYSID Approval of Rate Raises for High-Risk Drivers
The National Association of Independent Insurers has issued a statement commending the...
West News
Work Comp, Privacy Most Prominent Issues in Calif. Legislature
Several bills of interest to the California property/casualty insurance industry -...
Southeast News
Fla. Lawmakers Find Common Ground in Med-Mal Debate
Florida Governor Jeb Bush, Senate President Jim King, and House Speaker Johnnie Byrd...
Texas / South Central News
Texas Carriers Ordered to Lower Homeowners Rates
On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance...
Midwest News
Meadowbrook Posts $2.7 Million Q2 Profit
Southfield, Mich.-based carrier Meadowbrook Insurance Group second-quarter net income...