May 10, 2004
The newly-elected leader of the Independent Insurance Agents & Brokers of New York Inc. is promising to put the full weight of the trade association behind efforts to restore the state’s once-healthy insurance market. David R. Bauer, CIC/CPIA, who is …
May 10, 2004
The New York State Insurance Department’s proposed amendments to Regulation 83 would reportedly move the state’s no-fault auto reparations system toward more measured and reasonable cost control without sacrificing treatment for injured persons. “PCI specifically praises the proposal’s establishment of …
May 7, 2004
A Connecticut House bill designed to improve availability for medical liability insurance fails to provide meaningful tort reform, will not remove costs from the system, and could actually add costs for insurers and consumers, insurers claim. “This bill includes only …
May 7, 2004
New York Superintendent of Insurance Gregory Serio and Manhattan District Attorney Robert Morgenthau on Friday announced the arrest and indictment of a Manhattan resident for attempting to collect $262,000 in an insurance fraud scam. Antoinette Millard has been charged with …
May 7, 2004
Gov. John G. Rowland’s wife was paid $15,000 last year by an insurance company that had received a $16 million state contract. W.R. Berkley Corp. of Greenwich paid Patricia Rowland a fee for a speech, along with round-trip air travel, …
May 7, 2004
New York Governor George E. Pataki and Senator Kemp Hannon have introduced a measure in the state Senate that would strengthen protections for patients and ensure that additional background checks for health professionals caring for these patients are completed and …
May 7, 2004
Congress needs to extend the Terrorism Risk Insurance Act (TRIA) in 2004 to avoid confusion and dislocation in the commercial insurance market, the American Insurance Association told a New York State Assembly hearing today. “There is strong consensus among state …
May 7, 2004
The insurance industry has rebounded after the September 11th terrorist attack on the World Trade Center – the largest loss in insurance history, according to the New York Insurance Association (NYIA). Addressing a public hearing before the New York State …
May 6, 2004
The Professional Insurance Agents of New Hampshire Inc.’s annual conference will feature a keynote address by Commissioner Roger Sevigny of the New Hampshire Insurance Department. The annual conference will be held May 19, 2004, at the Marriott Courtyard & Grappone …
May 6, 2004
New Jersey Banking and Insurance Commissioner Holly Bakke announced that the number of drivers purchasing the Dollar-a-Day auto insurance policy has increased 79 percent in just four weeks. “The jump in the number of dollar-a-day policies in just one month …