The impact of a remedial plan to bring stability to West Virginia’s Board of Risk and Insurance Management’s programs likely won’t be seen until medical malpractice legislation takes hold, according to the Parkersburg News and Sentinel.com. Looking at a potential …
A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) of Bermuda-based Montpelier Reinsurance Ltd. (Montpelier). The rating outlook is stable. The action reflects the company’s superior operating results in its first year of operation, …
The Office of the Commissioner of Insurance (OCI) in Wisconsin has issued an order for the summary suspension of the license of insurance agent Thomas Mikunda, 53, of Exeland. Mikunda’s suspension stems from allegations of improper insurance marketing practices involving …
California-based AutoQuix Auto Damage Appraisals named Steve Jacobs to the role of human resources manager. Jacobs will be responsible for managing and operating the AutoQuix human resources department. For more information on the company, log onto: www.autoquix.com.
Cincinnati-based American Financial Group Inc. announced that its principal property and casualty insurance subsidiary, Great American Insurance Company, had been notified of an arbitration decision resulting from its share of a 1995 property fire and business interruption claim. Unless challenged …
New Jersey’s Acting Attorney General Peter Harvey announced that a Union County resident and former New Jersey-licensed agent has pled guilty to theft and related insurance fraud crimes for reportedly failing to remit insurance premiums to an insurance carrier after …
Standard and Poor’s has affirmed the “A-” financial strength ratings assigned to Alabama-based ProAssurance Corporation and its medical liability insurance subsidiaries. Standard & Poor’s analysts focused on the improving operating performance in ProAssurance’s medical malpractice business and very strong earnings …
Meeting the business challenges presented by the risk of terrorism and the opportunities presented by the new Terrorism Risk and Insurance Act is the topic of an upcoming conference in Washington, D.C. “Terrorism Risk Assessment & Insurance Coverage” is set …
Taking an extra minute to properly adjust the headrest in one’s vehicle can help to prevent injury. That’s the message Insurance Bureau of Canada (IBC) will deliver with, Rest Up! Save Your Neck, a unique community outreach initiative being rolled …
The Plan Manual of the New York Auto Insurance Plan has recently been updated to conform with Insurance Department regulations, adopted last November, which require insurers upon the written request of an insured, and upon payment of the premium, to …