After briefly being considered a hurricane as it neared Baffin Bay to High Island, the National Weather Service relabeled Claudette a tropical storm as it hits South Texas, from Port Aransas to Freeport. The storm with high winds of 70 …
Legislation easily passed a Texas Senate committee with minor revisions that will cut down the number of asbestos-related lawsuits. The asbestos-related legislation could become the second major lawsuit reform bill passed since Republicans took control of both the Senate and …
The Michigan Office of Financial and Insurance Services (OFIS), which regulates insurance, launched a consolidated ‘Licensing’ section on its web site for its insurance, securities and consumer finance licensing functions today. The consolidated section offers easy to read information in …
Last year marked a reversal of a six-year trend of deteriorating results for the workers’ compensation insurance sector as the market posted a significant improvement in underwriting performance, but overall results are still unsatisfactory, according to a Fitch Ratings report. …
Tupelo, Miss.-based BancorpSouth Inc. has announced that it has executed a merger agreement with Little Rock-based Ramsey, Krug, Farrell & Lensing Inc. (RKF&L), one of Arkansas’ leading insurance firms. RKF&L was founded in 1980 with roots going back to 1932 …
The Agents for Council Technology (ACT) has published a new report designed to help independent agents and brokers assess the benefits of using an application service provider (ASP) and analyze the issues that should be addressed to ensure that the …
ACE Limited announced the appointment of Gary Schmalzriedt, currently president and CEO of ACE European Group, to the position of chairman and CEO of ACE Overseas General. In addition, Ed Clancy, currently president of Global Accident and Health (A&H), an …
Santa Ana, Calif.-based James Klein Insurance Service Inc. announced the appointment of Pam Davis to president. Davis has been with the company for 18 years, and has over 30 years of insurance management experience. She began her E&S career with …
New Jersey Banking and Insurance Commissioner Holly Bakke announced a broad-ranging agreement recently to protect consumer access to automobile insurance in New Jersey, in which subsidiaries of American International Group (AIG) – the State’s seventh largest auto insurer – agree …
New Jersey’s Attorney General Peter Harvey announced that a Bergen County father and son – the owner and office manager respectively of a Bergen County dental office – have been charged by the Division of Criminal Justice – Office of …
