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By Elizabeth Festa, Arthur D. Postal PropertyCasualty360.com |
May 3, 2012
Insurance companies that own or operate a savings & loan will face fresh oversight from the Federal Reserve Board, which is creating a process by which to examine those financial institutions that have significant banking assets.
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By Joan E. Collier, PropertyCasualty360.com |
September 29, 2011
A 45-day regulatory drama that began with Citizens Property Insurance Corp.’s triple-digit sinkhole rate increase proposal ended with Florida Insurance Commissioner Kevin McCarty’s eleventh-hour denial.
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By Arthur D. Postal, PropertyCasualty360.com |
June 17, 2011
Republican members of the House Financial Services Committee grilled federal regulators on how they will represent insurance interests on the international stage and regulate the industry through authority granted in the Dodd-Frank financial-services reform law.
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By Chad Hemenway, PropertyCasualty360.com |
June 10, 2011
Edmund “Ted” Kelly, CEO of Liberty Mutual Group since 1998, is retiring on June 28.
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By Chad Hemenway, PropertyCasualty360.com |
June 9, 2011
Edmund “Ted” Kelly, chief executive officer of Liberty Mutual Group since 1998, is retiring on June 28. David H. Long will take over as the new CEO, announces the company.
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May 1, 2011
Citizens Property Insurance Corp. is debating whether to purchase private reinsurance this year to help shore up its financial footing. Also, some bills pending in the 2011 legislative session could mean big changes at Florida’s largest property insurer.
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By Staff Writer |
January 18, 2011
Parker, Smith & Feek hires new CFO, GPP names two sales execs.
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By Gary Fineout |
January 1, 2011
Citizens Property Insurance Corp., which has swelled and shrunk in size over the last few years, is headed in the wrong direction yet again. Despite repeated efforts to trim back its size, the state-created carrier is growing.
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By Chad Hemenway, PropertyCasualty360.com |
October 27, 2010
The Property Casualty Insurers Association of America (PCI) said its Board of Governors elected Robert A. DiMuccio as PCI's new chairman.
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By Arthur D. Postal, PropertyCasualty360.com |
March 29, 2010
Insurers, balking at having to help pre-fund a bailout authority for systemically risky companies, have secured a key change in financial services reform legislation that will reportedly limit the assessment to one major insurance carrier.