Newsbriefs

International Newsbriefs

XL Hit with $183M Reserve Increase: Bermuda’s XL Capital Ltd. announced that its second quarter results will be adversely impacted...

CONSTRUCTION CO. OWNER TO PAY $20K

The owner of a Tulsa construction company will pay $20,000 in restitution after pleading guilty last week to workers’ compensation...

MARSH CLIENTS URGED TO HOLD OFF:

Massachusetts insurance customers of insurance broker Marsh & McLennan are being urged to hold off on agreeing to the broker’s...

60-DAY NOTICE REQUIRED

The Alabama Hurricane Issues Task Force headed by Walter A. Bell, Insurance Commissioner, has recommended a new regulation that would...

FIRM TOLD TO STOP INSURANCE BUSINESS

Oklahoma Insurance Commissioner Kim Holland ordered First Choice Healthcare to stop conducting unauthorized business involving insurance in Oklahoma. The order...

SECOND INJURY FUND REBOUNDS:

Connecticut has eliminated the projected 20-year debt of its Second Injury Fund for workers’ compensation claimants in just six years...

ASSURANCEAMERICA ENTERS AUTO MARKET

AssuranceAmerica Corp. has expanded into Alabama’s auto insurance market with sales of its first auto insurance policies in the state....

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