Arkansas Insurance Commissioner Mike Pickens announced that State Farm Fire and Casualty Insurance Company would immediately resume writing new homeowner’s policies in the State of Arkansas. The company returns to the Arkansas market after having ceased writing new homeowner’s coverage …
Leaders of the Coalition to Heal Healthcare in Florida told the state legislature returning to the Capitol for the start of a four-day special session that Governor Jeb Bush’s comprehensive reform package will solve the worsening medical malpractice crisis, and …
The Fraud Investigation Division of the Kentucky Department of Insurance announced a former Lexington insurance agent has been sentenced in Fayette Circuit Court on one felony count of fraudulent insurance acts. According to court documents, William O. Goebel III, 44, …
A new service focused on helping insurance/financial services organizations create high impact for their anniversaries, seminars and other special events is being offered by Slattery-Esterkamp Communications, a nationwide marketing firm headquartered in Baldwin, N.Y. Headed by Tom Slattery, a 35-year …
Southfield, Mich.-based Meadowbrook Insurance Group Inc. announced that Stephen A. Belden has joined the company as chief actuary. Belden has nearly 20 years of actuarial experience in the insurance industry, according to a statement released by Meadowbrook. Most recently, he …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) of the St. Paul Cos. Inc.’s property/casualty subsidiaries. Concurrently, A.M. Best has downgraded its senior debt rating to “bbb+” from “a-“, subordinated debt to “bbb” from “bbb+”, preferred …
Beleaguered Kemper Insurance Cos. is putting up for rent two of the four buildings on its Long Grove, Ill., corporate campus, according to Crain’s Chicago Business. The two buildings’ space adds up to more than 520,000 square feet, a little …
Mayfield Village, Ohio-based vehicle insurer Progressive Corp. reported that for May 2003, the company produced a GAAP combined ratio of 88.3. Net premiums written increased 29 percent to $910.9 million for the month, compared to $706.0 million last year. Net …
Chicago-based Acordia Inc. has announced three new hires in its Minnesota office. John Dwyer has joined Acordia’s Minnesota office as a commercial lines sales representative, Jeff Bowers is the new vice president of marketing, and Jim Turner is the new …
A spokeswoman for indicted Chicago insurance broker Michael Segal told Insurance Journal he is likely to hold a news conference to defend himself and his company, Near North Insurance Brokerage Inc., against federal charges of insurance and mail fraud. Insurance …
