Insurance News from November 29, 2005
National News
Wilma’s $6 Billion Cost to Insurers Raises Industry’s Catastrophe Loss Total to Record $50 Billion
U.S. property/casualty insurers are expected to pay an estimated $6.1 billion to...
International & Reinsurance News
Lord Levene Urges U.K. Reinsurers to Support Changes in U.S. Trust Fund Collateral Requirements
Lloyd's Chairman, Lord Levene, has called on the London market's reinsurers to play...
East News
R.I. Blues Receives Initial Green Light for For-Profit Wellness Subsidiary
Despite a petition from the state attorney general, the state's top insurance regulator...
West News
Former Calif. Broker Charged with Selling Fake Policies
Calif. Insurance Commissioner John Garamendi has announced that a former Los Angeles...
Southeast News
Florida ‘Fraud Fighters Program’ Pays $16,000 in Rewards to Tipsters Reporting Schemes
Five individuals who reported fraud perpetrators have received $16,000 in cash rewards...
Texas / South Central News
Ark. Amends Rule on Effect of Non-Licensed Agent/Brokers
The Arkansas Insurance Department announced it has amended its previously issued...
Midwest News
Missouri Department Alleges Agency Failed to Remit Premiums
The Missouri Department of Insurance is seeking to discipline a Missouri insurance...