California Workers’ Comp Doctors Take Aim at State Fund Contract July 11, 2011 By Chris Rizo A controversy in the California workers’ compensation market over a revised provider contract threatens to erupt into an all-out legal...
California Completes Majestic Insurance Transfer to AmTrust July 11, 2011 By Chris Rizo California Insurance Commissioner Dave Jones announced on July 8 the “successful implementation” of a court-approved rehabilitation plan for Majestic Insurance...
Group Gives Vermont High Insurance Ranking July 11, 2011 A conservative think tank is giving the state of Vermont high marks for insurance regulation. The Chicago-based Heartland Institute says...
Small Earthquake Felt in Eastern Maine July 11, 2011 A small earthquake across Maine’s Blue Hill peninsula prompted a handful of calls to law enforcement officials, but no damages...
Frierson Named Young Agent of the Year by Texas Independent Agents July 11, 2011 Matt Frierson, a partner at Pierson and Fendley Insurance Agency in Paris, Texas, was named the André P. Juneau Young...
U.S. Considers Removing All Tariffs for Poor Nations July 8, 2011 By Doug Palmer The U.S. government said on Friday it is investigating the probable economic effects of eliminating all tariffs and quotas on...
Alterra Bermuda Approved for Reduced Collateral Status in New York July 8, 2011 Alterra Capital Holdings Limited announced that the State of New York Insurance Department has approved Alterra Bermuda Limited “as an...
Amlin Updates Cat Loss Estimates; Reports Increase in Reinsurance Rates July 8, 2011 UK and Lloyd’s insurer Amlin plc held a presentation for analysts today focused on updating its catastrophe estimates. Amlin estimated...
XL Names Ribotta to New Global Distribution Post July 8, 2011 The XL Group plc announced the appointment of Paolo Ribotta as Head of Global Distribution, a newly-created post. He will...
Allied World Estimates $65-$75 Million Q2 Cat Losses July 8, 2011 Allied World Assurance Company Holdings, AG has announced that it expects to record approximately $65 million to $75 million in...