Trying to determine the best road to travel for industry members, a panel of industry experts discussed state vs. federal insurance regulation Monday at the 81st annual meeting of the Alliance of American Insurers in the San Diego area. Among …
Insurance Bureau of Canada (www.ibc.ca) reaffirmed the need for quick implementation of New Brunswick’s proposed legislation that would reportedly address the real problem with auto insurance in the province – the cost of minor non-permanent injuries. “Restrictions on pain and …
ADESA Corp., an ALLETE company, announced that its total loss recovery vehicle business, ADESA Impact, has opened an auction on North Main Street in Manville, N.J. The new total loss recovery auction is the 28th facility in the Impact chain. …
Integra Financial Group, based in Huntington, Texas, issued a statement clarifying that the group is not connected with an Oklahoma domiciled organization of the same name, which was recently issued an emergency order halting operations by Oklahoma Insurance Commissioner Carroll …
“The 2004 Fiscal Year budget proposal newly released by the Massachusetts House Ways and Means Committee would make it more expensive for insurers to do business in the Commonwealth and open insurers domesticated in Massachusetts to the possibility of retaliatory …
Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services, acquired Mountain States Salvage Pool of Ogden, Utah. Situated just north of Salt Lake City, the 22-acre facility represents the company’s first location in the state of …
Columbus, Ohio-based State Auto Financial Corp. announced record net earnings of $21.1 million for the first quarter of 2003. GAAP net earnings were 53 cents per diluted share, versus 33 cents for the same period last year. Net operational earnings …
The St. Paul Cos. announced first-quarter 2003 net income of $181 million, or 75 cents per share, up 36.1 percent from first-quarter 2002 net income of $133 million, or 60 cents per share. First-quarter 2003 operating earnings were $206 million, …
A district judge in Austin recently cleared Larry Wallace of the Wallace Insurance Agency in Rockwall, Texas of all charges related to an alleged workers’ compensation fraud scheme for which he was indicted in early 2001. Judge Charles F. Baird …
Calling it a milestone, Poe Financial Group of Tampa, Fla., reported as of April 28, 2003, the total combined written premium of its member companies have surpassed $200 million in annualized premium. Those companies include Atlantic Preferred Insurance Company, Florida …