Archive for July, 2008
The New York Legislature passed a bill that will impact the state's insurance laws by requiring a showing of prejudice before insurers can disclaim coverage for late notice. Gov. David Paterson signed
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Kentucky lawmakers adopted insurance legislation during the 2008 regular legislative session that will affect agents and carriers working in the state.
The Insurance Producer Modernization bill (HB
The Hartford Financial Services Group Inc. has proposed a far-reaching new plan - one that includes mandatory flood insurance, IRA-like catastrophe accounts, subsidized premiums for homeowners and a f
Brown & Brown Inc. announced the asset acquisition of Great Lakes Risk Management Inc., of Toledo, Ohio, by a subsidiary of Brown & Brown.
Great Lakes Risk Management, with annual revenues of appr
Wells Fargo Insurance Services Inc. hired Hale "Chip" Holden III as senior vice president and sales executive, based in San Francisco. A long time member of the Bay Area risk management and insurance
An Albany, New York woman who removed all her belongings from her home the day before it mysteriously caught fire has pleaded guilty to insurance fraud.
Kim M. Laporte, 39, later filed a $38,000 c
A.M. Best Co. has affirmed the financial strength ratings (FSR) of 'A+' (Superior) and issuer credit ratings (ICR) of "aa-" of HCC Insurance Holdings (HCC) and its members. Best also affirmed the ICR
Liberty International Underwriters, a part of Liberty Mutual Group, has created Private Advantage Company Combo policy to provide broad private company management coverage for directors and officers,
Narragansett Bay Insurance Co. in Pawtucket, R.I. has added Debra Hemingway Provolo as assistant controller.
Provolo worked previously as an assistant controller at Citizens Communications Co. She