It may be sunny outside, but water continues to cause nearly a half-billion dollars of insured damage inside California homes each year. A continuing study by the Insurance Information Network of California (IINC) found that while the number of household …
New York Superintendent of Insurance Gregory Serio on Tuesday announced the commencement of an immediate and broad-based review of auto insurance rates for private passenger vehicles in New York State. Insurance companies representing more than 60 percent of the auto …
Heffernan Insurance Brokers announced the appointment of Marc Paletta as a producer in its Walnut Creek office. He will focus on employee benefits business development for mid-sized businesses in and around the Bay Area. For the past two years, Paletta …
Franklin Circuit Court (Kentucky) Judge William Graham ruled recently that the assessment of AIK Comp members will go forward as planned. The ruling was in response to a motion filed on behalf of a group of AIK Comp members seeking …
As the 2004 hurricane season concludes next week, residents of four Louisiana communities will reportedly pay less for flood insurance and enjoy greater flood protection, thanks to recent efforts by local officials. Effective Oct. 1, flood insurance policy holders in …
Gov. Jeb Bush and members of the Florida Cabinet have approved an emergency rule extending the moratorium to Dec. 31 and banning insurance companies from canceling or non-renewing insurance policies for victims whose homes have yet to be repaired. Tom …
Dave Cobb, Ron Silverman and Bob Fowinkle were honored by the Professional Insurance Agents of Florida (PIA) board of directors during a meeting this week in Hutchinson Island, Fla. Mark O’Connell, PIA executive vice president gave a “President’s Award” to …
Marsh & McLennan has been in constant contact and cooperation with New York Attorney General Eliot Spitzer and 26 other states investigating its insurance brokerage practices and while the ultimate objective is to settle all complaints, no timetable for a …
U.S.I. Holdings Corporation (Nasdaq: USIH) of Briarcliff Manor, N.Y. has acquired Nashville, Tenn.-based Benefit Partners of America. The acquisition is expected to contribute approximately $4 million of revenues to USI on an annual basis. Terms of the transaction were not …
Beecher Carlson Holdings Inc. of Atlanta has announced the appointment of Robert “Robbie” C. Smith as a managing director. Smith will focus on acquisition opportunities and talent recuritment. Smith spent the majority of his career working with insurance agencies and …
