New York Career News: Leonard, Findley get ACORD posts, other notables
John Leonard, president and chief executive for The MEMIC Group, was recently re-elected by the ACORD board of directors as its 2010 chair and David Findley was also re-elected as the board’s...
View ArticleMIA evaluating effect of attorney general’s same-sex marriage ruling
The Maryland Insurance Administration is evaluating whether the recent ruling from Maryland’s attorney general saying the state must recognize same-sex marriages performed in other states affects...
View ArticleManhattan Life sees ratings drop due to lead company’s capital
The Manhattan Life Insurance Co., based in Great Neck, N.Y., had its outlook revised to “negative,” from “stable,” by A.M. Best after the ratings service noticed a “noticeable drop” in the...
View ArticleMaine, N.H. sanction health provider American Trade Association
American Trade Association and its affiliates, facing liquidation, are the subject of another cease and desist order by a state insurance department. Mila Kofman Maine Insurance Superintendent Mila...
View ArticleAetna disqualified from multi-billion dollar TRICARE military contract
Saying it is “extremely disappointed” with the decision, Aetna plans to determine why it was disqualified from winning a multi-billion dollar contract to provide health care to members of the military....
View ArticleRockefeller ‘extremely’ concerned over medical loss ratio mandate
The chairman of the U.S. Senate Committee on Commerce, Science and Transportation is offering suggestions on how health insurers nationwide can honor the intent of new mandates on medical loss ratio...
View ArticleBaltimore least safe, five Michigan cities among most safe for drivers
Baltimore, Md., ranked as the least safest city for motorists, while five cities in Michigan – the birthplace of the automobile – were among the safest cities, according to a new survey from an online...
View ArticleRegional agents’ groups to offer E&O credits from desktops at lunch
Insurance professionals can now earn Fireman’s Fund or Utica Mutual errors and omissions loss prevention credits from the Professional Insurance Agents of Connecticut, New Hampshire, New Jersey and New...
View ArticleWisconsin requires proof of auto insurance; only New Hampshire doesn’t
Wisconsin drivers must be able to provide proof of auto insurance under a new law that took effect June 1, leaving New Hampshire as the only state not mandating coverage. Jim Doyle All motorists...
View ArticleWeb-based claims management system heading to N.Y., N.J., other states
E-Subro Hub, a free, paperless, Web-based electronic communication, document and claim management system designed to streamline the subrogation process, will expand to eight additional states,...
View ArticleState regulators applaud changes to proposed Federal Insurance Office
Still questioning the need for a federal regulator of insurance amid strong state-based oversight, the National Association of Insurance Commissioners is praising lawmakers for amendments to a bill...
View ArticleMaryland syncs up with NAIC online regulatory tool
Maryland has become the 19th state to shift to a Web-based platform to monitor its regulatory actions and ensure compliance with national uniformity initiatives. The National Association of Insurance...
View ArticleService Insurance gets nod to write policies in New Hampshire
The Service Insurance Co. of West Orange, N.J., was recently admitted in New Hampshire, making it the sixth surety market where the company does business. Founded in 1987 by William Burger, now the...
View ArticleWest Virginia’s Cline elected as next president of NAIC
West Virginia Insurance Commissioner Jane Cline was elected as the next president of the National Association of Insurance Commissioners. Jane Cline Cline, elected along with three others to the...
View ArticleVirginia lawmaker says Congress like ‘mobsters’ forcing health mandates
As Congress debates a final comprehensive health care bill for the nation, one Virginia delegate is proposing that state residents, and possibly others nationwide, not be held to any coverage mandates....
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