On March 25, 2005, the WCIRB submitted a filing to the California Insurance Commissioner recommending a 10.4 percent decrease in advisory pure premium rates effective July 1, 2005 on new and renewal policies. The proposed pure premium rate change is …
Toledo, Ohio-based agency Hylant Group announced the promotion of Brian K. Hall to president of Hylant Specialty Programs/National Insurance Specialists. Hall is responsible for the overall operations of Hylant Specialty Programs, a division of Hylant Group. Hylant Specialty Programs operates …
Major changes in Florida’s property insurance system are being mulled over by Florida lawmakers after the House and Senate have both been wrestling with the topic and have now hammered out changes to tighten up the insurance regulations and requirements. …
A West Virginia Circuit judge has ruled in Charleston that the West Virginia Insurance Commission must reveal the names of companies and organizations it consulted to complete a study that recommended eliminating third-party bad-faith lawsuits. Kanawha Judge Paul Zakaib made …
The Texas Department of Insurance has approved continuing education credits for insurance adjusters for breakout sessions offered at the 9th Annual Safety and Health Conference on May 11-12 in Austin. Insurance adjusters attending the conference, also known as the Texas …
Insurance giant American International Group, under increasing scrutiny by state and federal regulators and its own internal auditors, is looking at the possibility of fixing up to $3 billion in accounting mistakes made over the past five years, the Wall …
The Maryland House of Delegates this week passed a bill to enable doctors to get refunds on their malpractice insurance premiums. The action corrects the medical malpractice reform law approved in a special session last year. The Senate approved the …
Houston-based Linsure Holdings, Inc. has announced the launch of “Linsure Directo” through its wholly owned European subsidiary Linsure Iberica S.A. Linsure is a diversified holding company with strategic interests in providing coverage for litigation funding (legal fees, etc.) and real …
A man who pleaded guilty to hiring a hit man to kill a used car dealer for insurance money was sentenced to 20 years in prison. Lawrence A. Skiba of White Oak sobbed after a federal judge sentenced him for …
The Michigan Claims Catastrophic Association increased its annual assessment to insurers by 11 percent to $141.70 per insured vehicle from $127.24, drawing sharp criticism from the state’s insurance regulator. In a statement, the MCCA said an increase in the cost …