Newsbriefs

NAMIC APPLAUDS TORT INITIATIVES

The National Association of Mutual Insurance Companies has commended Georgia lawmakers for enacting major tort initiatives. David Reddick, NAMIC state...

METLIFE SELLS BUILDINGS:

MetLife Inc. agreed to sell its Manhattan building above Grand Central Station, formerly called the Pan Am building, for $1.72...

WORKERS’ COMP RATES CUT:

The Pennsylvania Insurance Department has approved a 2.89 percent average rate reduction for workers’ compensation premiums, saving employers an additional...

AUTO RATE HEARING SET IN SEPTEMBER

Insurance Commissioner Jim Long has announced plans for a hearing on auto insurance rates set for September. This announcement came...

MORE OPPOSITION TO ACE PLAN:

Liberty Mutual Group has joined a group of insurers opposing the acquisition of ACE American Reinsurance Company by Randall &...

DENN TACKLES AUTO FRAUD:

Delaware Insurance Commissioner Matt Denn has initiated several policy changes in the way auto insurance fraud cases are handled. He...

MED-MAL SOLUTIONS SOUGHT:

Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced a five-part plan...

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