The Ohio Department of Insurance announced that it will conduct a review of Ohio insurance companies to inquire about the industry’s current use of credit scoring and how companies are moving toward complying with a new regulation that went into …
Clayton Group Services Inc. announced Bruce D. Hollcroft has been named director, Business Development, Insurance Services. Hollcroft has more than 20 years of experience in risk control related to occupational health and safety, ergonomics, environmental protection, and Workers’ Compensation for …
The State Board for Property and Casualty Rates approved a Sept. 11 hearing for a proposed 6.4 percent increase in a key component of workers’ compensation rates. Insurance Commissioner Carroll Fisher, who chairs the board, promised a thorough and fair …
A South Florida-based unlicensed insurance company that sought to hide behind a federal protection for Native American tribes has lost its challenge to use the protection to avoid an order from state regulators to stop selling its products in Florida. …
Cincinnati-based carrier American Financial Group Inc. reported second-quarter net earnings of of $30.5 million (44 cents per share). The results included an after-tax charge of $28.5 million (41 cents per share) for the effect of a previously announced arbitration decision …
Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $18.4 million, or $0.97 per share, for the second quarter of 2003 compared to net income of $6.5 million, or $0.34 per share, for the second quarter of 2002. …
Arkansas Insurance Commissioner Mike Pickens announced the existence of a lower auto rate in Arkansas than in all surrounding states, with Tennessee being the state of exception. Arkansas ranked 33rd in 2001 for the average cost of auto insurance, offering …
August ushers in the peak of hurricane season, so the Alabama Department of Insurance is asking Alabama homeowners to check their insurance policies in regards to hurricanes—particularly in the area of deductibles. In the past five years many insurers changed …
Texas Mutual Insurance Company reported that the Texas State Bar has permanently disbarred Bernardo Eureste, a Houston attorney and former San Antonio city councilman. Eureste has not practiced law since June 2002, when he was sentenced to three years’ probation …
Santa Monica-based Fremont General Corporation reported net income from continuing operations of $46,787,000 for the second quarter of 2003. This represents an increase of 99 percent, as compared to net income of $23,538,000 for the second quarter of 2002. Diluted …