Birmingham, Ala.-based Regions Financial Corp. (NYSE: RF) has named Fred B. Stone chairman and CEO of Rebsamen Insurance effective Jan. 3. Stone will succeed Allen J. McDowell, Rebsamen chairman and CEO, who is retiring after 13 years in his current …
Houston-based HCC Insurance Holdings Inc. announced that the company had utilized a significant part of the proceeds from its recently completed equity offering, in making a $75 million capital contribution to its insurance company subsidiaries. Stephen Way, chairman and CEO, …
Mercury Insurance Group has opened its Western Regional Headquarters in Oklahoma City, taking a five-year lease on more than 40,000 square feet of office space in what will now be known as the Mercury Insurance building at 7301 Northwest Expressway. …
Oklahoma state prosecutors plan to appeal a judge’s recent decision to dismiss an embezzlement count against former state Insurance Commissioner Carroll Fisher, according to the Associated Press. “I’m not seeing it,” Oklahoma County Special Judge Fred Doak said in ruling …
Pennsylvania Insurance Commissioner Diane Koken has shut down the operations of Nation’s Hazard Insurance Agency, which has been doing business as Nation’s Hazard Insurance Company. The company is reportedly an illegal insurance entity that sold errors and omissions coverage for …
The Republic Group, headquartered in Dallas, introduced a new farm and ranch program that will be available beginning Jan. 3, 2005. According to the company, the new program includes farm and ranch property, machinery and livestock as well as business …
As scenes of utter devastation played across the world’s television screens, local authorities and volunteer rescue workers continued the grim job of collecting and burying the bodies of the victims who perished in the massive onslaught of tidal waves in …
MetLife Auto and Home Insurance is the latest company in Florida to request permission to raise its rates, citing non-hurricane-related losses and asking to increase policyholder’s premiums by an average of 17 percent statewide. MetLife covers homes under two company …
There is one deer for every 2.5 registered vehicles in Alabama — 1.8 million deer and 4.5 million vehicles according to the Insurance Institute for Highway Safety in Arlington, Va. Usually, deer stay in the woods and cars stay on …
A class-action lawsuit has been filed in North Carolina’s Guilford Superior Court claiming that Hix Insurance of Greensboro has misled thousands of its North Carolina customers, especially Latinos, into unknowingly buying motor club memberships with automobile liability and workers’ compensation …
