July 1, 2004
Pennsylvania Insurance Commissioner Diane Koken announced the appointment of Sarah H. Lawhorne as Deputy Insurance Commissioner for the Office of Policy, Planning and Administration. Lawhorne will oversee the department’s legislative, communications, technology and policy efforts. The job also includes administration …
July 1, 2004
Commercial National Financial Corporation (Nasdaq: CNAF) in Latrobe, Pa., has successfully completed its previously announced sale of the insurance agency assets relating to the Gooder Agency, Inc. The board of directors’ business strategy concentrates on growing its core banking business …
July 1, 2004
The Citizens and Hanover Insurance Companies named Sophia A. Phillips as vice president, commercial marine division, effective June 7. Phillips comes to Citizens and Hanover from St. Paul Travelers where she served as vice president of the company’s commercial inland …
July 1, 2004
The Fireman’s Fund Insurance Companies has given notice to Massachusetts officials that it intends to withdraw from the state’s personal automobile insurance market on Dec. 31, 2004, because of continuing uncertainty in implementing state personal automobile insurance reform. Fireman’s Fund …
July 1, 2004
Hub International Limited has announced that its New York-based wholesale insurance division, Program Brokerage Corporation (PBC), has acquired, for an undisclosed amount of cash and Hub stock, the assets of B. & D.A. Weisburger Inc. of White Plains, N.Y. The …
July 1, 2004
New York State Insurance Department Superintendent of Insurance Gregory V. Serio today announced that the majority of New York State’s 50,000 actively practicing physicians will see a seven percent rate increase in their medical malpractice insurance premiums for the policy …
July 1, 2004
Brown & Brown, Inc., based in Daytona Beach, Fla., has acquired the assets of The Mc Duffee Insurance Agency, with offices with offices in Merrimack and Dover, N.H. and Peppercell, Mass. The McDuffee Insurance Agency, Inc., which also does business …
June 30, 2004
Maryland medical malpractice insurer, GE Medical Protective Co., has obtained approval for a 59.6 percent rate increase on its medical professional liability policies, slightly less than it had requested. GE Medical had filed for a 67.9 percent hike effective August …
June 30, 2004
New Jersey Director of Division of Criminal Justice Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging four individuals with conspiracy, theft, tampering with public records, and false swearing …
June 30, 2004
After nearly nine weeks of being suspended, operations at the New York property insurance residual market are back. The suspension of the New York Property Insurance Underwriting Association, also known as the Fair Plan, left thousands of home and business …