Regional news: 
Archive for March, 2009
Independent insurance agents and brokers are responsible for $6 of every $10 of overall property-casualty premium revenue, according to an annual state of the independent agent system report from the ... Read → Read Story
While his 2009-2010 budget is being reviewed by the General Assembly, Pennsylvania Gov. Ed Rendell said there are some priorities that cannot wait for approval, including providing help to the ... Read → Read Story
A former Camden, N.J., police officer has received one year of probation for defrauding a state insurer by falsifying application and renewal forms for auto insurance policies.
Darryl Miller, 42, of ... Read → Read Story
Admiral Americas, one of England’s largest automobile insurers, has announced plans to open a direct-to-consumer auto insurer operations center in Richmond, Va., later this year.
The operation would open with between ... Read → Read Story
Delaware’s new insurance commissioner, Karen Weldin Stewart, has approved a partially amended rate filing, imposing workers’ compensation rate reductions ordered by her predecessor, Matt Denn.
Karen Weldin Stewart
The Delaware Compensation ... Read → Read Story
James P. Cronin
As some insurers in the region have cut jobs and services, UnitedHealthcare of the mid-Atlantic is going the opposite direction.
The subsidiary of Minnesota-based UnitedHealth Group is setting ... Read → Read Story
The president of the Reinsurance Association of America testified before Congress that promoting natural resource conservation and encouraging more risk mitigation in densely populated areas are keys to managing risk ... Read → Read Story
WellPoint, one of the nation’s largest health insurers, is seeking buyers for its pharmacy benefits management business with a price tag expected to be in the billions of dollars.
WellPoint’s PBM ... Read → Read Story
Mid-Continent Insurance Co., a Somerset, Pa.-based insurer, had its ratings downgraded after posting “sizeable” underwriting losses in 2007 and 2008, according to A.M. Best Co.
The ratings service downgraded the financial ... Read → Read Story
A New York court has clarified a ruling establishing that Texas law requires issuers of directors & officers (D&O) liability policies to advance defense costs incurred in connection with covered ... Read → Read Story
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