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Home Value Protection Insurance Expands Into Oklahoma
Home Value Protection, the only insurance policy in the U.S. that protects homeowners from the devastating impact of declining home prices, becomes available to Oklahoma homeowners this week.
February 21, 2012 5:00 AM

Nebraska health insurance plan debate begins
The road to Nebraska creating its own health insurance exchange could be a long one, as indicated Tuesday by nearly three hours of testimony before lawmakers.
February 22, 2012 8:53 AM

comparethemarket.com Welcomes Octagon Insurance to its Insurer Panel
LONDON, February 22, 2012 /PRNewswire/ --Price comparison website comparethemarket.com has welcomed Octagon Insurance to its panel of companies offering van insurance.This latest addition to comparethemarket.com ...
February 22, 2012 4:30 AM

What Type of Life Insurance Do I Need?
About 11 million U.S. households with children under age 18 had no life insurance coverage as of 2010, according to LIMRA, a worldwide research and consulting organization for the insurance and financial services industry. Overall, less than half of U.S. households had individual life insurance, a 50-year low.
February 21, 2012 9:27 AM

Conn. seeks to recapture role as insurance capital
Hartford is trying to recapture its status as the nation's insurance capital by drawing in a specialized insurance business that is finding a home elsewhere.
February 21, 2012 7:17 AM

Alliant Insurance Services Receives Favorable Ruling in Aon Litigation
Alliant Insurance Services, the nation’s largest specialty insurance brokerage firm, today received a favorable ruling by the New York State Supreme Court involving contempt claims filed against it by Aon Corporation.
February 21, 2012 12:35 PM

Markel American Insurance Company Partners with the Cinderella Project MKE
WAUKESHA, Wis., Feb. 22, 2012 /PRNewswire/ -- Markel American Insurance Company, a wedding and event insurance provider, will be donating a collection of formal dresses to the Cinderella Project MKE, a ...
February 21, 2012 9:01 PM

Insurance Agents Charged In $100 Million Fraud Scheme
The Manhattan United States Attorney and the Federal Bureau of Investigation have charged three insurance agents with a $100 million fraud scheme involving stranger-owned life insurance or STOLI.
February 20, 2012 2:00 PM

USI Insurance Services Acquires The Pinnacle Group
USI Insurance Services , today announced that it has acquired most of the assets of The Pinnacle Group . Based in Virginia Beach, Virginia, Pinnacle is a full-service employee benefits consulting firm specializing in middle-market business and is expected to contribute approximately $3.3 million in annual revenues to USI.
February 22, 2012 8:00 AM

Hiscox USA Introduces Direct, Online Insurance for the Real Estate Sector
NEW YORK, Feb. 22, 2012 /PRNewswire/ -- Hiscox USA, the first and only US insurer to enable small businesses to purchase business insurance direct and online in real-time, today announced that their service ...
February 22, 2012 5:30 AM

Insurance Journal » News

Iowa Judge Orders Porn Site to Pay $4M In Piracy Case
A judge in has ordered the operators of a popular pornographic website to pay $4 million for copyright infringement to an Iowa-based adult film company – a ruling that should serve as a deterrent to others who pirate content online, a …
February 22, 2012 5:08 PM

Grade California Insurance Commissioner Dave Jones
Insurance Commissioner Dave Jones marked his first full year in office last month by looking back on his and the California Department of Insurance’s accomplishments during 2011. Insurance Journal wants to know from those in the industry: Is Jones an …
February 22, 2012 5:00 PM

Missouri Senate Passes Workers’ Comp Legislation
The Missouri Senate has passed legislation that would prohibit employees from suing co-workers for injuries they sustain on the job. Senators voted 28-6 in favor of the bill last week. Majority Leader Tom Dempsey, who sponsored the measure, says the …
February 22, 2012 4:58 PM

Cellphone Driving Ban Nets 27 Violators in Helena
Police in Helena say they have issued 27 citations in a little over a month following a cellphone ban making it illegal to use hand-held electronic devices while driving or bicycling within city limits. Lt. Steve Hagen told the Independent …
February 22, 2012 4:55 PM

Wells Will Determine Groundwater Contamination in Southern California
Thirty wells are being installed in Burbank and Glendale in an effort to determine the extent of groundwater contamination. Small amounts of cancer-causing chromium 6 left behind by the San Fernando Valley aircraft industry have been detected in local water …
February 22, 2012 4:53 PM

UnitedHealth Pays $250K Penalty in Vermont Over Alleged Improper Ads
UnitedHealth Insurance Company has paid a $250,000 penalty in Vermont this month to resolve charges brought by financial regulators. The Vermont Department of Banking, Insurance, Securities & Health Care Administration (BISHCA) imposed the penalty on UnitedHealth as part of a …
February 22, 2012 4:11 PM

Starr Cos. Hires ING Group Exec to Lead Starr Strategic Partners
Starr Companies appointed X. Rick Niu as senior managing director of Starr Strategic Partners, a newly formed division dedicated to serving the insurance and investment needs of Asian and other emerging market companies and individuals doing business in the U.S. …
February 22, 2012 3:40 PM

AIG’s Chartis Appoints Head of New Claims, Operations Division
American International Group’s Chartis, its global P/C business, has placed its claims unit and operations and systems (O&S) unit under a single management team. Eric Martinez, appointed as executive vice president of global claims, operations and systems, will lead the …
February 22, 2012 3:28 PM

Mississippi Bar Owners Say Security Guard Proposal Goes Too Far
Hattiesburg nightclub and bar owners say many smaller nightspots would be put out of business by a proposal to require on-site parking lots and at least three guards at every bar. The City Council has scheduled a public meeting March …
February 22, 2012 2:23 PM

Dealer Challenges Cincinnati’s Tough Scrap Metal Ordinance
A scrapyard has filed a lawsuit against Cincinnati, saying a new ordinance placing restrictions scrap metal sales will drive away customers. The Cincinnati Enquirer reported  that the lawsuit filed by Garden Street Iron & Metal Inc. in U.S. District Court …
February 22, 2012 2:12 PM

 

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