Seventeen new captive insurers formed in Vermont through the first half of the year, a rate that puts the state on pace to have one of the best years in its history in terms of new captives. Last year the …
Pennsylvania-based Keystone Insurers Group has appointed David C. Keller as vice president for carrier relations. Keller, is a 25-year veteran of the insurance industry, spent the last four years with Harleysville Insurance Group as relationship manager for KIG, and eight …
Florida’s property/casualty insurers appear to have adequate reinsurance and capital in place to withstand at least two major storms this season but their overall fate could hinge on whether they are allowed to raise their premiums as much as they …
A Fulton County judge tossed an attempt by two insurance companies that sought to block an ethics investigation into contributions to Republican gubernatorial hopeful John Oxendine. Judge Kimberly Esmond Adams said in her ruling last Friday that the commission has …
An insurance company must defend a homeowner who was sued after a woman overdosed on drugs at a house party he held, the New Jersey Supreme Court has ruled. The ruling by Justice Helen E. Hoens reversed an appeals court …
The Michigan Supreme Court has ruled that the administration of Gov. Jennifer Granholm exceeded its authority when it banned the use of credit scoring by insurance companies in the state. The decision means insurers in Michigan can continue to use …
Reinsurance and $100 Million in New Capital Have Boosted P/C Carriers for Now But More Needed Florida’s property/casualty insurers appear to have adequate reinsurance and capital in place to withstand at least two major storms this season but their overall …
The Automobile Club of Southern California has submitted an application to the state Department of Insurance to offer an insurance program that rewards California drivers who voluntarily drive fewer miles with lower auto insurance rates. The voluntary pay-as-you-drive initiative allows …
Washington Insurance Commissioner Mike Kreidler is taking aim at insurers’ use of credit scores, warning consumers that large drops in credit scores could lead them to pay 8 percent to 15 percent more for insurance. Meanwhile, several insurance associations say …
The Ward Group has named the top 50 property/casualty insurers, based on its evaluation of more than 3,000 companies domiciled in the United States. Companies named to the list had surplus and premiums of at least $50 million for each …
