Florida and federal regulators are teaming up with AARP to alert seniors to the dangers of investment fraud, especially during tough economic times. “Unsteady stock markets, record low interest rates and rising health care costs are combining to create a …
“I do not like them…here or there.” With apologies to Dr. Seuss, that about sums up the views the rating agencies have taken concerning Royal & Sun Alliance’s latest earnings announcement, which also outlined plans to raise additional capital, increase …
Hurricane Fabian, a monster of a storm, packing winds of 120 mph (192 kph), slammed full force into Bermuda on Friday night, uprooting trees, downing power lines and causing extensive structural damage. Four people were reported missing, as authorities began …
Florida’s Chief Financial Officer Tom Gallagher announced a new online database designed to send automatic electronic notification to primary contractors who sign up for the service concerning changes to a subcontractor’s workers’ compensation coverage status. Florida law requires a contractor …
California-based ELIOS Incorporated, a provider in lien holder notification technology for insurance and financial institutions, announced that National Flood Service Incorporated, (NFS) is the newest addition to its list of clients. NFS will use ELIOS (www.elios.us) software and services to …
The Alliance of American Insurers expressed disappointment with the Fifth Circuit Court of Appeals’ decision in DeHoyos v. Allstate Insurance Company, which was filed in Texas. The case stems from the Texas-based plaintiffs’ allegations that Allstate uses credit-based insurance scoring …
According to an article in the Philadelphia Inquirer, 70 percent of the drivers in Philadelphia and nearly half of all Pennsylvanians can now lower their auto premiums by selecting the “Limited Tort” option offered by the State’s Insurance Department. The …
Despite an initial rush of proposed legislation aimed at dealing with the problems related to mold claims and homeowners insurance, very few bills have been enacted in 2003, according to the Alliance of American Insurers. “Compared with 2002, when only …
Insurance Services Office Inc. (ISO) announced it will provide workers compensation injury-reporting services in all 50 states. Using Bridium Inc.’s Electronic Data Interchange (EDI) technology, ISO will submit First Report of Injury (FROI), Subsequent Report of Injury (SROI) and Medical …
Neenah, Wis.-based Jewelers Mutual Insurance Co. has hired Jeff Mills as vice president of claims. A 12-year veteran in claim management, Mills will lead Jewelers Mutual’s claims team following a career in claims at Westfield Insurance Cos. in Westfield Center, …