Pennsylvania Insurance Department

• Trade Groups: Surety Insurance Strong Despite First Sealord Struggles

  By Arthur D. Postal, PropertyCasualty360.com  |  February 23, 2012

  Trade groups that represent surety insurers are calling the failure of a Pennsylvania-based surety insurer “highly unusual,” and maintaining that the “industry remains reliable and strong.”

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  New Pa. Commissioner Takes Over

  By Staff Writer  |  January 19, 2011

  Michael F. Consedine has taken over as Pennsylvania’s insurance commissioner.

• AIG Pays $150M To Settle WC Premium Under-Reporting Charges

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 23, 2010

  American International Group will pay close to $150 million to settle allegations it under-reported workers' compensation premiums over a 20-year period, ending all regulatory issues in this case.

• Kingsway Looks to Dispose Of Another Subsidiary

  By Chad Hemenway, PropertyCasualty360.com  |  June 17, 2010

  Kingsway Financial Services Inc. said it is looking to dispose of non-standard automobile insurance subsidiary, Mendota Insurance Company.

• 09' Insolvency Trends Detailed In Guaranty Funds Report

  By Phil Gusman, PropertyCasualty360.com  |  February 9, 2010

  Liquidators in charge of bankrupt insurers around the nation are moving to shut down some of the larger estates ordered liquidated in the early 2000s or before, according to the National Conference of Insurance Guaranty Funds.