Regional news: Property-Casualty Insurance News
The Eastern Shore-based insurance agency headed by former Maryland Insurance Commissioner Al Redmer Jr. has acquired a Baltimore presence with the addition of two brokers based in Hunt Valley, Md.
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The CEO of Bollinger Insurance Solutions recently invested his $500,000 contractual bonus in an interesting way: he divided it among his firm’s employees.
John A. Windolf
John A. Windolf, head of … Read →
Erie Insurance Co. will pay $365,000 to settle a federal discrimination suit, alleging that the insurer ignored black residents in New York.
The Erie, Pa.-based insurer will pay $225,000 to the … Read →
New reinsurance designation study guide available
The American Institute for CPCU and Insurance Institute of America released the ARe 144 Online Exam Review as a supplemental study aid for students preparing for the Reinsurance Principles and … Read →
Former New Jersey cop sentenced to probation for insurance fraud
A former Boonton, N.J., police officer was sentence to three years of probation and pay thousands in restitution for falsely claiming that a knee injury occurred on-the-job so he could … Read →
Insurer launches ‘green’ homeowners insurance in New York
Fireman’s Fund Insurance Co., the first property-casualty insurance firm to offer green insurance in the U.S., is bringing a product to New York.
The first-ever admitted green insurance available in homeowners … Read →
Insurer to pay $92.8 million for Katrina claims
Courtesy: FEMA
A Louisiana judge has ordered Louisiana Citizens Property Insurance Corp. to pay $92.8 million to 18,573 policyholders in the state whose claims from damage caused by Hurricane Katrina … Read →
Soft commercial insurance market could be nearing end
The soft commercial insurance market may be hardening, new data suggests.
Commercial insurance prices declined 3% in the fourth quarter of last year, the smallest reduction in the past two years, … Read →
Ratings affirmed for New Jersey-based insurance group
Noting its adequate risk-adjusted capitalization, A.M. Best has affirmed the ratings of Bridgewater, N.J.-based Allstate New Jersey Insurance Group and its members.
The ratings agency affirmed the insurer’s financial strength rating … Read →
Kent Schwab & Associates, the largest Allstate insurance agency in Maryland, has partnered with a Washington, D.C., firm to launch a new website to aid its customers.
The insurance agency, with … Read →
Federal health reform would add 10,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Health care cost at all-time high, despite lower rate of increase
Life insurers sell shares in British tech firm to Pa. company
FINRA estimate for IA SROs excludes monetary, administrative details
Most insurance agencies seeing better results than last year
Pa. broker adds $181,000 commission to $2.1M false insurance invoice
A.M. Best rates Pa.-based insurer’s outlook ‘negative’
With five-year plan stuck, House passes new short-term NFIP extension
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