An assessment paid by auto insurance carriers to cover catastrophic injuries resulting from auto crashes will decrease on July 1. The Michigan Catastrophic Claims Association (MCCA) assessment, which covers costs for unlimited lifetime medical costs for those injured in auto …
Standard & Poor’s Ratings Services said that it affirmed its ‘B’ counterparty credit and senior debt ratings on AmWINS Group Inc. (NYSE:AGI; f/k/a American Wholesale Insurance Group Inc.) and revised its outlook on the company to stable from negative. The …
The Independent Insurance Agents & Brokers of America (the Big “I”) has hired Jason Spence as its new assistant vice president for federal government affairs, effective March 12. Spence comes to the Big “I” from the U.S. Department of the …
While growing number of American workers are forecasted to experience a disability during their career, more than 80 percent of workers said they believe their chances of becoming disabled are far lower than actual statistics report, according to a new …
Citizens is one step closer to providing policyholders with more options and premium savings, thanks to approval of the Multi-Peril Business Plan by the Financial Services Commission. “We are excited about providing our policyholders with more choices and the chance …
A former Shreveport, La., police officer and his wife have pleaded not guilty to charges arising from an allegedly altered police report. Ronald Small and his wife, Tracey, entered the plea Mar. 12 in state district court in Caddo Parish. …
The state Department of Public Utility Control has concluded that despite federal government objections, it has the authority to investigate the release of thousands of phone records to the National Security Agency. The DPUC, in a draft decision Monday, said …
The CEO of the company that provides medical malpractice insurance to 1,450 physicians in West Virginia got an 18.5 percent pay raise last year, boosting his total compensation to $429,750, according to a report filed with the state insurance commissioner. …
Gov. Sonny Perdue and Republican legislative leaders have agreed to a temporary fix for PeachCare, allowing some 273,000 poor children in Georgia to continue receiving health insurance even as federal dollars dry up. Georgia is facing a $131 million shortfall …
Some of the lawyers who helped negotiate a proposed settlement with State Farm Insurance Cos. over Hurricane Katrina damage claims withdrew their request Monday for a federal judge to approve the multimillion dollar deal. At a hearing less than two …