February 7, 2007
Delaware Insurance Commissioner Matt Denn urged General Assembly budget writers to fund the creation of a health insurance pool that could cover 10,000 Delawareans. He also reported that a group of Kent County doctors has decided to form a risk …
February 7, 2007
North Carolina Officials arrested four Anson and Richmond County residents accused in an extensive insurance fraud ring. The accused were investigated for allegedly filing fraudulent insurance claims and altering police accident reports and hospital bills. Nancy Ratliff Smith, 39, of …
February 7, 2007
Florida Insurance Commissioner Kevin McCarty issued an emergency order prohibiting insurance companies from canceling personal lines insurance policies for residents affected by last week’s tornadoes in central Florida. The order also prohibits insurers from canceling or non-renewing a policy solely …
February 7, 2007
Are hackers trying to get into your computer right now? And what are they up to? A study by the University of Maryland’s A. James Clark School of Engineering is one of the first to quantify the near-constant rate of …
February 7, 2007
The Alabama Department of Insurance has licensed its first captive insurance company under legislation enacted in 2006 and signed into law by Gov. Bob Riley. Chantilly Risk Management, which is located in Montgomery, is the creation of Automotive Aftermarket Association …
February 7, 2007
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders of $925.8 million, or $5.63 per diluted common share for the year ended December 31, 2006, compared with net income of $90.1 million, or $0.57 per diluted common …
February 7, 2007
Bermuda’s RenaissanceRe Holdings Ltd. bounced back strongly from last year’s catastrophes to post net income for 2006 of $761.635 million, compared to a $281.3 million loss in 2005. Operating income for the fourth quarter was $198.6 million compared to a …
February 7, 2007
Marsh has issued a bulletin, following an outbreak of the avian flu virus H5N1 in the UK, which, outlines the risks and insurance implications for British businesses posed by the virus and the potential for a subsequent human pandemic. The …
February 7, 2007
Gov. Charlie Crist talked with Citizens Property Insurance Corporation catastrophe response employees Tuesday at one of four Emergency Operations Centers serving Central Florida residents affected by tornadoes and high winds that swept through the area Feb. 2. “He (Crist) was …
February 7, 2007
A new classification for small General Contractors has been added to the Artisan Program. Classifications General Contractor, 1 – 2 Single Family Custom Homes Deductible The minimum deductible offered is $1,500 per claim Minimum Premium $1,000 minimum premium Eligibility Now …