A report from the Australian Broadcasting Corp. notes that The New South Wales Farmers Association has backed a proposal for council rate notices [property taxes] to carry a compulsory fire insurance levy. The article indicated that the country’s insurance industry …
Insurance Services Office Inc. (ISO) has unveiled a new service that eliminates the need for workers’ compensation insurers to manually prepare and submit Proof of Coverage (POC) reports to the Arkansas Workers’ Compensation Commission. ISO’s Workers Compensation Information Services (WCIS) …
The Property Casualty Insurers Association of America (PCI) on June 3 raised concerns about proposed regulations designed to implement a 2003 law that restricts insurers’ use of credit information for reviewing applications and determining rates. “Oregon’s credit law enacted last …
The Association of California Insurance Companies (ACIC) said it is opposed to legislation that would retroactively make California consumers pay for faltering self-insurance programs instituted by school districts. The bill is pending before the Assembly Insurance Committee. SB 574, authored …
Dallas-based MarketScout recently released its Market Barometer for May. Market Barometer for May MarketScout’s Market Barometer According to Richard Kerr, chairman and CEO, “The composite premium increase for May was 7 percent. Property coverages continue to experience premium decreases of …
Employers Insurance Company of Nevada, A Mutual Company (EICN), announced that its wholly owned California subsidiary, Employers Compensation Insurance Company (ECIC), has filed with the California Department of Insurance an 11.3 percent rate decrease to be effective on workers’ compensation …
Gov. Bob Wise has signed an agreement between the state and the Federal Emergency Management Agency, allowing aid to begin flowing to the West Virginia residents affected by the recent floods. “This is a continuation of the excellent working relationship …
Trident Insurance Services LLC, a member of Argonaut Group Inc.’s Public Entity Group, has purchased U.S. Risk of Oregon Inc. and its public entity underwriting operations from parent, U.S. Risk Insurance Group Inc. The sale includes all rights to J.G. …
A chartered accountant based in Paris pleaded guilty this week to aiding and abetting the concealment of material facts from the Federal Reserve Bank as part of a scheme that helped Credit Lyonnais illegally take over a failed California life …
California-based OSHA Fast Fix announced the introduction of a new safety plans program being offered by Irvine-based Superior Access Insurance Services. The program calls for Superior Access to market through its broker force a collection of OSHA-compliant safety plans developed …