You are here:HomeNews CenterInsurance News

Insurance News

Tell Them PIA Sent You!

(3/15/2005) So what? You might ask, "What difference does this make for me and my agency?" If your agency is using any of the more... full story

Let's Just Tell It Like It Is

(3/15/2005) In my previous career as a reporter and talk show host, I became very familiar with how the media can, and often do, distort... full story

AIG's Greenberg Announces His Retirement

(3/15/2005) Maurice "Hank" Greenberg, chief executive officer and president of American International Group, is leaving the job he has held for 40 years. On March 14,... full story

NAIC, NCOIL Collaborate on Natural Catastrophe Plan

(3/14/2005) State regulators will join with state legislators in gathering input for a natural catastrophe insurance risk plan now under development by the National Associa... full story

NAIC Considers Model to Regulate Discount "Health Plans"

(3/09/2005) The National Association of Insurance Commissioners (NAIC) is seeking comments on a draft of its Medical Discount Plan Organization Model Act. The purpose of th... full story

NAIC Meets This Week, Broker Disclosure On Agenda

(3/09/2005) The National Association of Insurance Commissioners (NAIC) Executive Committee on Broker Activities will conduct a public hearing on Monday, March 14 in Salt La... full story

Progressive Eyes Return to New Jersey Auto Insurance Market

(3/09/2005) Citing an improved business climate in the state, Progressive is considering a return to the New Jersey auto insurance market. Progressive pulled out of New... full story

Countdown to the 2005 PIA Federal Legislative Summit

(3/09/2005) The 2005 PIA Federal Legislative Summit is one month away! On April 7, 2005, PIA members from around the country will converge on Washington,... full story

Homeland Security Department Eyes Use of Insurance Premium Discounts

(3/01/2005) The Department of Homeland Security is considering using the incentive of insurance premium discounts to promote better antiterrorism security measures by priva... full story

Spitzer, SEC Investigating AIG's Greenberg

(3/01/2005) American International Group (AIG) chief executive officer Maurice Greenberg is being investigated by New York Attorney General Eliot Spitzer and the U.S. Secur... full story

Pennsylvania Agrees to Settle Reliance Case

(3/01/2005) On February 24, the Pennsylvania Insurance Department submitted a proposal to settle the state's civil lawsuit against Saul Steinberg and other former officials... full story

Codey Appoints Bryan Acting NJ Commissioner

(2/23/2005) Acting New Jersey Governor and PIA member Richard J. Codey has appointed Donald Bryan, director of the state's Division of Insurance, to head the state... full story

ACORD Names Chubb's McCaig as Board Chair

(2/23/2005) Charles "Chuck" McCaig, CIO, Chubb, has been designated the new chair of ACORD's Board of Directors. McCaig has been with Chubb since 1991 where he... full story

McDonalds Settles 'Fat' Lawsuit for $8.5 Million

(2/23/2005) Fast food giant McDonald's has agreed to donate $7 million to the American Heart Association to settle lawsuits over the type of fat it uses... full story

The 2005 PIA Federal Legislative Summit

(2/22/2005) Now is the time for all PIA members who are concerned about the success of their agencies to make plans to be in Washington,... full story

Florida DOI Asks Insurers to Delay Rate Increases, But Won't Impose Freeze

(2/15/2005) Florida Insurance Commissioner Kevin McCarty has asked insurers not to file for new homeowners premium hikes and to delay pending hikes until after the state...... full story

PIA of Florida to Host CFO Gallagher During Legislative Day

(2/15/2005) PIA of Florida members will be meeting with many of Florida's insurance policymakers on Tuesday February 15, PIA's annual Legislative Day in Tallahassee. Tom Ga... full story

Kentucky Congressman Files Military Insurance Sales Bill

(2/08/2005) A bill imposing restrictions on marketing of insurance to U.S. soldiers on military bases has been introduced by Rep. Geoff Davis (R-Kentucky). The Military Per... full story

Bakke Resigns as NJ Insurance Commissioner

(2/08/2005) Holly Bakke has resigned as New Jersey's banking and insurance commissioner, effective March 1. In a letter to New Jersey Governor and PIA member... full story

Kitzman Named South Carolina Insurance Director

(2/08/2005) South Carolina Gov. Mark Sanford has named Eleanor Kitzman to be director of the Department of Insurance. Kitzman succeeds Ernst Csiszar, who resigned abruptly ... full story