According to a study by Jeffrey Coben, M.D., a researcher at West Virginia University, states that do not require motorcycle riders and passengers to wear helmets may be contributing to the unnecessary deaths, hospitalizations, and long-term disabilities. Traffic deaths last …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa” of Swiss Reinsurance Company and its rated subsidiaries. Best also affirmed all debt ratings either issued or guaranteed by …
The Association of British Insures has issued some timely advice to air travelers, following the latest disruption in air travel due to terrorist threats. The unmasking of a plot to blow up airliners flying from the U.K. to the U.S. …
More than $40 million has been released to former agents and other creditors by the Kentucky Central Life Insurance Company estate. The distribution on August 11 included $9 million in deferred compensation to about 650 former Kentucky Central agents. “We …
“We’re one step closer to operating like a normal market.” That’s how Massachusetts Insurance Commissioner Julianne Bowler greeted the news that the state Supreme Judicial Court had upheld her controversial auto insurance assigned risk plan. Bowler referred to the fact …
Frustrated businesses took their fight against illegal immigration to a Los Angeles court Tuesday, filing the first in a series of lawsuits accusing competitors of hiring illegal workers to achieve an unfair advantage. Anti-illegal immigration groups said the lawsuits were …
The board of directors of The Commerce Group, Inc. has created two new positions to lead the company’s property and casualty insurance operations within and beyond Massachusetts. “As Commerce continues to grow and diversify, these leadership positions for our insurance …
The Massachusetts Supreme Judicial Court has unanimously ruled that the state insurance commissioner has the authority to create an assigned risk plan to replace the existing reinsurance plan for insuring high-risk drivers. Insurance Commissioner Julianne Bowler ordered that current Commonwealth …
Blue Cross Blue Shield of North Dakota, the state’s largest insurer, has more than $222 million in reserves, enough to offer its members a break, North Dakota Insurance Commissioner Jim Poolman says. The Blues’ reserves are enough to cover more …
The Task Allen Beggs, President and co founder of QualCorp, Inc. announced that Corporate Computer Services has signed on as QualCorp, Inc.’s approved Value Added Reseller of their newest insurance product – QueryPlus-AMS/AFW & QueryPlus-AMS/360 for the South Central region. …