A report from Scotland relates the tale of a usually mild-mannered sheep, who, upon viewing his reflection in a car door, became enraged and attacked the vehicle, causing £1000 ($1,820) in damages. The details of the incident, provided by the …
The U.K.’s Highway Insurance Holdings has confirmed the acquisition of telebroker Direct Motorline Limited for £3.4 million ($6.2 million) plus £0.6 million ($1.1 million) in respect of tangible net assets. Direct Motorline handles over 33,000 private car and commercial vehicle …
A.M. Best Co. announced that it has revised the rating outlook to negative from stable on the “A” (Excellent) financial strength ratings for Employers Reinsurance Corporation of Overland Park, Kan. and GE Reinsurance Corporation of Barrington, Ill., as well as …
Republican Lloyd Karmeier has won a Supreme Court seat representing Illinois’ fifth district, which includes 36 southern counties and famed “judicial hellhole” Madison County. With 90 percent of precincts reporting early Wednesday morning, Karmeier had won 54 percent of the …
Lockton Insurance Brokers, Inc., a commercial insurance brokerage firm with offices in Irvine and downtown Los Angeles, recently announced Richard Roderick as executive vice president. Roderick, who joined Lockton in 1996, is recognized as a top insurance industry producer representing …
Giant insurance and risk management intermediary Hilb Rogal & Hobbs Company (HRH), headquartered in Richmond, Va., announced it has acquired substantially all of the assets of Surplus Ltd., a Texas-based managing general agency (MGA) and excess and surplus lines insurance …
Trustmark Corporation, parent of Jackson, Miss.-based Trustmark National Bank, announced today it will acquire Fisher-Brown Inc., an insurance agency in northwest Florida. Fisher-Brown will become a wholly owned subsidiary of Trustmark, pending regulatory approval. Fisher-Brown was founded in 1911 and …
Mercury Insurance Company producers acting as brokers are considered agents and not brokers, and thus are not entitled to collect any broker fees, according to the California Court of Appeal’s ruling in Krumme v. Mercury Insurance Company. The appellate court …
Two insurance agents have pleaded guilty in Birmingham, Ala. to giving money to Cherokee County elected officials in exchange for the county’s insurance business, the latest corruption case to surface in the county. James L. Williams and Michael Tillery each …
The Insurance Council of Texas has teamed up with Texas’ Regional Education Service Centers to provide the state’s teenagers with information about auto insurance. The two groups came together this summer to produce Auto Insurance 101, an 18-minute video program …
