New Jersey-based GAB Robins Group of Companies, one of the world’s leading claims services firms, announced that the China Insurance Regulatory Commission (CIRC) has awarded the company a license to operate in China. GAB Robins becomes the first global loss …
Hub International Limited (www.hubinternational.com) has developed an exclusive program to provide property and casualty insurance to embassies, consulates and missions to the United Nations. In the past this was reportedly a target class of business for most standard property and …
Pennsylvania Governor Edward G. Rendell yesterday offered new proposals to address Pennsylvania’s medical malpractice situation. The proposals supplement those he offered in June 2003. “Court statistics released last week showing a 30 percent decrease in the number of malpractice suits …
Two Republican legislators in Oklahoma are pushing the Oklahoma House of Representatives to launch a probe “to determine whether Articles of Impeachment should be preferred” against Insurance Commissioner Carroll Fisher. According to the House Media Services Division, Rep. John Trebilcock, …
Pennsylvania State Senators Hal Mowery (R-31) and Jeff Piccola (R-15) reacted on Wednesday to recent challenges in the courts by introducing for the second time a major lawsuit reform measure that replaces “joint and several liability” with “proportional liability.” Senate …
Larry Silverstein was once again present in Judge Michael Mukasey’s Manhattan courtroom on Tuesday, but as a witness in the World Trade center trial rather than a participant. Even though he was not held in contempt, he’s been barred from …
Harassing phone calls at all hours, abusive language and threats of incarceration and physical harm are reportedly the impetus for Florida Chief Financial Officer Tom Gallagher joining state lawmakers, including Senate President Jim King, to promote legislation giving regulators the …
The Oregon Department of Consumer & Business Services (DCBS) is inviting the public to share concerns about the availability and affordability of homeowner insurance at a March 29 forum in Portland. “We’ve received a growing number of complaints from homeowners …
California Insurance Commissioner John Garamendi made the following statement regarding his issuance of a rate proposal to ensure that workers’ compensation reform savings are passed on to employers: “During the effort to address the crisis of workers’ compensation in California, …
Standard & Poor’s has revised the outlooks to stable from negative on its financial strength and long-term counterparty credit ratings on seven Japanese insurance companies. The announcement gave the following details: — Tokio Marine & Fire Insurance Co. Ltd. (AA-/Stable/–), …