Insurance News from February 03, 2005
National News
ACE to Seek Dismissal of Connecticut AG’s Lawsuit
ACE Insurance said it will seek dismissal of the lawsuit brought against it by...
International & Reinsurance News
ACE Q4 Earnings Hit by $302 Million Reserve Charge; Full Year Net Down 20%
Bermuda's ACE Limited confirmed earlier earnings announcements when it posted net...
East News
N.Y. Insurance Department Questioned Contingent Fees Years Before Spitzer Investigation Made Headlines
While it did not begin boiling over until last October when charges were brought...
West News
PCI Urges Nev. Redraft of Broker Regulation
The Property Casualty Insurers Association of America (PCI) is urging Nevada's Division...
Southeast News
North Carolina Senate Considering Bill to Cap Med-Mal Jury Awards
Despite the defeat of a similar bill two years ago in Raleigh, N.C., the Senate is...
Texas / South Central News
Okla. Gov. Henry Unveils Workers’ Comp Plan
Saying he wants to cut costs for business and boost benefits for injured workers,...
Midwest News
2 Ill. Agents’ Licenses Revoked for Fraud
The Illinois Division of Insurance revoked the insurance producer license two agents...