Colorado newspapers are reporting that Gov.-elect Bill Ritter has appointed Manitou Springs Mayor Marcy Morrison the state’s next insurance commissioner. Morrison will have to resign her position as Manitou Springs Mayor to assume the new role. The state Senate is …
The Oregon Insurance Division is recognizing the Insurance Marketplace Standards Association as a group that can help to establish “best practices” and promote consumer protection in the state. In a recent bulletin, Administrator Joel Ario noted the Division “wishes to …
A.M. Best Co. has assigned debt ratings of “bbb-” to the $24 million senior secured term A loans and “bb+” to the $40 million senior secured term B, both due December 2009, of Triomphe Re. The issuer is a newly …
First Mercury Financial Corp. has opened an underwriting office in Irvine, Calif., and hired LaTrina Green as vice president. Green will be responsible for managing the office’s specialty casualty underwriting operations. The Irvine office joins the company’s other underwriting offices …
TheFlorida Department of Financial Services is advising that due to Gov. Jeb Bush’s declaration of a state of emergency in Pasco, Volusia, Lake and Columbia counties as a result of widespread damage from tornadoes that struck on Dec. 25, the …
On the heels of the International Trade Commission ruling in favor of Ford Motor Company against Keystone Automotive Industries Inc. earlier this month, Keystone faces another multi-million dollar lawsuit for intellectual property infringement. In its complaint filed in the Federal …
Bliss and Glennon Inc., a managing general agency and surplus lines broker based in Redondo Beach, Calif., opened two new regional offices in Manchester, N.H., and Birmingham, Ala., in late December in an effort to broaden Bliss & Glennon’s Excess …
BrickStreet Mutual Insurance Co. has finalized the purchase of office space at Charleston Town Center that will allow the private workers’ compensation insurance provider to consolidate its operations under one roof. BrickStreet’s Board of Directors approved the purchase in early …
The Medical Assurance Company of Mississippi is refunding up to 20 percent of premiums to its physician customers. According to Michael D. Houpt, MACM president and CEO, the malpractice insurance refund has been made possible almost entirely as a result …
The Texas Department of Insurance, Division of Workers’ Compensation will hold a workshop on workers’ compensation health care networks on Jan. 31, 2007. The workshop will take place at the Capitol Auditorium, 1400 Congress Avenue, Room E1.004 in Austin. It …