Delaware Insurance Commissioner Matt Denn has tapped William P. White, former director of the captive insurance division for Washington, D.C, to attract captive insurance companies to Delaware as administrator of a new program in the Department of Insurance. White will …
A national bilingual insurance provider will provide 75 new jobs at its new facility in Taos, N.M. Gov. Bill Richardson said in a news release that the Iowa-based Ci Direct provides licensed agents for insurance and financial services. Thirty-eight employees …
Packaging manufacturer Ball Corp.’s second-quarter net income rose nearly 70 percent, in part because of a $45 million net gain due to payment on an insurance claim stemming from a fire at a German manufacturing plant. The company’s results also …
A lawyer for Deputy Insurance Superintendent Joe Ruiz said late Friday he believes his client has been fired, hours after a Public Regulation Commission official issued a vague statement saying he had taken action “regarding a personnel matter.” Deputy Insurance …
The extreme heat, coupled with humidity, winds and an abundance of dry brush cover are perfect ingredients for serious wildfires in California this fire season. The Personal Insurance Federation of California (PIFC), an insurance trade association representing insurers that provide …
Legislation that would establish a bipartisan national commission tasked with recommending policies to help the federal government prepare for and manage disaster response has been introduced in the House of Representatives. H.R. 5891, the Catastrophic Disaster Risk and Insurance Commission …
Pine Bluff, Ark., officials have euthanized 85 pit bills since June 16, when a new ordinance took effect, requiring owners to obtain $100,000 insurance policies to cover dog attacks. An additional 26 pit bulls have been banished from the city. …
Personal information on 72 worker’s compensation claimants was stolen from Wisconsin-based Sentry Insurance and later sold over the Internet, the company said. The data sold included names and Social Security numbers but not medical records, Sentry said. Data on an …
An NASD arbitration panel ordered Merrill Lynch & Co. and former stock analyst Phua Young to jointly pay almost $500,000 to a retired couple in Pennsylvania who bought shares of Tyco International Inc. on the analyst’s recommendation. In a claim …
Standard & Poor’s Ratings Services revised its outlook on China’s insurance sector to positive from developing to reflect expectations that the financial strength of the overall industry will improve over the medium term. In a new publication titled “China Insurance …