New Jersey based Dowell Insurance Agency, Inc., and Integrated Assurance Solutions (Dowell / IAS) announce a new marketing alliance whereby Dowell /IAS will be a Lloyd’s Coverholder for the Jewelry and Fine Arts and Collectibles industries. Dowell / IAS will …
Insurance industry associations are continuing to fight Washington’s Insurance Fair Conduct Act, asking Gov. Chris Gregoire to veto the legislation. ESSB 5726 is designed to provide insurance consumers with additional remedies for what they perceive to be unwarranted claim denials. …
Portland, Ore.-based StanCorp Financial Group Inc. has reported net income for the first quarter of 2007 of $0.90 per diluted share, compared to $0.70 per diluted share for the first quarter of 2006. Net income for the first quarter of …
Florida Chief Financial Officer Alex Sink alerted consumers and agents to avoid any annuity transactions with Tennessee-based National Foundation of American (NFOA), and immediately contact the Department of Financial Services’ consumer helpline. The company is operating inside Florida’s borders without …
The Supreme Court is scheduled to consider an environmental case next week that could make it easier for many industrial companies to recover some of the millions of dollars they’ve spent cleaning up hazardous waste sites. The case involves the …
Is a signed liability waiver useless in protecting a government entity from gross negligence and only good in protecting against ordinary negligence? That issue is expected to be decided by the California Supreme Court in 60 to 90 days. At …
California’s Assembly Insurance Committee has passed Assembly Bill (AB) 1401 on a bi-partisan 8-0 vote. According to the California Department of Insurance, the measure would provide the DOI with additional investigators to fight insurance fraud. AB 1401 would also require …
Countrywide Financial Corp., Calasbas, Calif., reported net earnings of $434 million for the first quarter ended March 31, 2007, compared to net earnings of $684 for the same period in 2006. Pre-tax earnings in the insurance sector were $180 million …
Engineers in Jefferson Parish, La., said recent tests show flood pumps can be turned on automatically by workers holed up in nearby safe rooms during major hurricanes. When a major hurricane threatens the parish, pump operators will be ordered to …
Louisiana Workers’ Compensation Corporation (LWCC) announced the promotion of Mark Bellue to claims manager of large accounts and U.S. Longshore and Harbor accounts. Kathy Otts has been promoted to claims manager of small and medium accounts. Bellue joined LWCC in …