Florida Insurers Wary of PIP Rate Rollbacks Timed for October March 21, 2012 By Michael Adams While state officials are widely praising Florida’s new no-fault auto insurance law, insurers are wary of having to implement rate...
Hartford Bows to Shareholder Paulson, Sells Most Life Insurance Units March 21, 2012 The Hartford Financial Services Group yielded to demands from its biggest shareholder, famed hedge fund manager John Paulson, and said...
Massachusetts Lawyers, Judges Lobby for More Court Funding March 21, 2012 Lawyers and judges warned lawmakers on Monday that budget constraints on the state’s judiciary are imperiling the delivery of justice...
Maryland Lt. Gov. Launches Health Insurance Marketing Campaign March 21, 2012 Maryland Lt. Gov. Anthony Brown wants to increase the number of applications to a federally funded health insurance program run...
U.S. Chamber, European Business Call for Removing Transatlantic Trade Barriers March 21, 2012 The U.S. Chamber of Commerce and BUSINESSEUROPE have issued the following statement in a letter signed by twelve U.S. and...
Pennsylvania Workers’ Comp Staffer Charged With Bribery March 21, 2012 A supervisor in Pennsylvania’s workers’ compensation program has been charged with bribery. Agents from the state attorney general’s public corruption...
Celent Survey Forecasts Insurers to Spend $140.6 Billion on Technology in 2012 March 21, 2012 Global information technology spending by insurance companies is expected to reach $140.6 billion in 2012, an increase of 6.3 percent...
Howie Joins Everest Re; to Become New CFO March 21, 2012 The Bermuda-based Everest Re Group announced that Craig Howie will join the Company as Executive Vice President on March 26,...
U.S. Exempts 11 Countries from Iran Oil Sanctions; China, India Exposed March 21, 2012 By Arshad Mohammed and Andrew Quinn The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian...
AIR Assessing Damage Picture from Mexico’s Earthquake March 21, 2012 Catastrophe modeling firm AIR Worldwide has issued a bulletin analyzing the magnitude 7.4 earthquake that struck southwestern Mexico yesterday. Dr....