A report detailing state legislative efforts to reform the U.S. civil justice system was recently released by the National Association of Mutual Insurance Companies (NAMIC). The report, part of a NAMIC series regarding state laws and legislative trends, furnishes a …
After nearly two years since it began offering online license renewals to out of state insurance producers, the Idaho Department of Insurance is now extending the same convenience to in-state producers. Those who use the service at www.doi.state.id.us receive a …
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has expanded its Excess Flood Coverage to 17 additional states across the country, bringing the total to 32 states …
Employers Insurance Company of Nevada, A Mutual Company, (EICN) announced that it has re-named two wholly-owned subsidiaries. Effective immediately, the company formerly known as Fremont Employers Insurance Company will operate under the name Employers Compensation Insurance Company. In Nevada, EICN’s …
The Department of Labor and Industries announced a 9.8 percent general rate increase in workers’ compensation premiums, effective Jan. 1, 2004. Even with this rate increase, next year’s average rates will be nearly identical to the rates in Oregon and …
The Association for Cooperative Operations Research and Development (ACORD) announced that it will soon be providing temporary as well as permanent auto ID cards in New Jersey, as part of a major change in the state’s auto insurance regulations. Citing …
Nuts & Bolts: General Fire & Casualty Company (www.genfireins.com) launched a new livestock insurance product, The CattleGuard. The policy provides coverage for loss involving certain diseases, such as FMD (foot-and-mouth disease), BSE (aka “mad-cow” disease), hydrophobia (rabies), anthrax (charbon or …
Nuts & Bolts: Helix Insurance has a market available for healthcare environmental liability. Dollars: $1 million per claim/$5 million Agg. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A”-Rated. Non-admitted market. States Available: Alabama, …
California Insurance Commissioner John Garamendi outlined the second phase of his workers’ compensation reform plan Oct. 21. The reform legislation that he helped shape during the first phase of this effort is expected to deliver $4 billion to $6 billion …
AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), has expanded its Excess Flood Program to 17 additional states across the country, bringing the total to 32 states nationwide. Since AIG …
