Insurance News from May 02, 2005
National News
AIG to Restate Past Financials as Internal Audit Continues; Acknowledges Lack of Internal Controls
American International Group Inc. said that it has decided to restate financials from...
International & Reinsurance News
Max Re Reports $6.2 Million Q1 Net Income Decrease
Bermuda-based Max Re Capital Ltd. reported net income for the three months ended March...
East News
Mass. Commissioner Bowler Approves Safe Driver Plan Revisions; Plan Starts in 2006
Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way...
West News
Calif. Senate Committee Passes SB 150, SB 603
Last week the California Senate Banking, Finance and Insurance Committee approved two...
Southeast News
W. Va. Insurers React to Passed Legislation, Five Companies Decreasing Auto Rates
Insurers in West Virginia, reacting to the legislation singed last week that eliminates...
Texas / South Central News
Okla. State Sen. Laster Lashes Out at Republican Workers’ Comp Bill
Oklahomans should know more about House Bill 2046, the workers' compensation reform...
Midwest News
Nationwide’s New Identity Theft Policy Also Available Through Independent Agents
Columbus, Ohio-based exclusive-agent carrier Nationwide Insurance announced that its...