The Oklahoma Senate Communication Office reported that the state Senate approved Senate Bill 613 by State Senator Kathleen Wilcoxson, who said her bill to give assistance to victims of uninsured motorists is not a new concept. The Oklahoma City Republican …
The year 2004 was a year most Floridians are happy to have behind them. The unprecedented damage – both physical and emotional – resulting from four major hurricanes crisscrossing Florida has taken its toll on citizens throughout the state. The …
The Oklahoma House of Representatives has voted in favor of House Bill 1554, by State Rep. Dale DeWitt, which would create the “Commonsense Consumption Act” to “prevent frivolous lawsuits against manufacturers, packers, distributors, carriers, holders, sellers, marketers or advertisers of …
A single point of entry for access to insurance information, services and tools for consumers, regulators and industry is now available on the National Portal for Insurance Regulatory Information on the National Association of Insurance Commissioners’ (NAIC) Web site. The …
St. Paul Travelers is rolling out an enhanced Select Accounts platform for small commercial insurance. The Select platform includes new and expanded products and services designed to re-energize the marketplace for agents by making it easier for them to write …
Social clubs in New Hampshire say they are struggling to comply with orders to install automatic sprinkler systems. In response to a 2003 fire that killed 100 people at a nightclub in West Warwick, R.I., New Hampshire adopted regulations in …
Safety Insurance Group, Inc. reported that net income for the 2004 was $45.0 million, or $2.90 per diluted share, compared to $28.5 million, or $1.86 per diluted share, for 2003. Safety’s book value per share increased to $19.70 after paying …
A.M. Best Co. has placed the financial strength ratings of member companies of American International Group, Inc. under review with negative implications following their announcement that the chairman and CEO, Maurice Greenberg, will retire as CEO, although he remains non-executive …
Germany’s Munich Re Group celebrated its 125th anniversary year in style, recovering from a 434 million euro ($578 million) loss in 2003 to post 2004 net profits of 1.833 billion euros ($2.44 billion) despite a series of weather related catastrophes …
Georgia-based Verastar salvage auto auctions announced the successful roll-out of a new version of the company Web site at http://www.verastar.com/ . The new site provides a streamlined Internet bidding process, enhanced vehicle search features, additional detail on vehicles, additional personalized …