Foronda Named National Outstanding CSR of the Year

Ronie Foronda, account manager for Finance Insurance Ltd., in Honolulu, Hawaii, has been awarded the 2009 National Outstanding CSR of the Year Award.

New York Extends Freeze on Malpractice Insurance Rates

Gov. David Paterson has signed legislation to freeze medical malpractice insurance rates in New York for another year, but the state's largest insurer said it leaves the company financially weaker …

New York Recovered $13.6M for Consumers in Second Quarter

The New York Insurance Department recovered $13.6 million in the second quarter of the year for consumers and health care providers who filed complaints with the department, according to the …

Pennyslvania’s Harleysville Sees Second Quarter Profits Climb

Pennsylvania-based Harleysville Group Inc. saw second quarter profits climb 115 percent to $20.1 million, up from $9.3 million in the year-ago quarter. At the same time, revenues at the …

Fairfax Sees Insurance Market Turning Corner in ’09

Toronto-based Fairfax Financial Holdings Ltd said Friday it expects the insurance market to turn a corner this year and believes its book value will be "up significantly" in five …

New York Sees Increase in Insurance Fraud Convictions

The number of insurance fraud arrests in New York was down very slightly in the first half of the year, but conviction are up, according to a newly updated fraud report by the state's insurance …

Florida CFO: Insurance Recoveries Total $11.5 Million in 6 Months

The state has helped Floridians recover more than $11.5 million in the first six months of this year in claim payments and premium refunds, including one case that resulted in a $1.2 million …

Louisiana Citizens CEO: Expect Another Rate Hike in 2010

Louisiana's state-backed property insurance company will probably seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year's 7 percent increase, …

Louisiana Citizens CEO: Expect Another Rate Hike in 2010

Louisiana's state-backed property insurance company will probably seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year's 7 percent increase, …