Carmel, Ind.-based agency lender Oak Street Funding has closed a $50 million syndicated bank group credit facility, led by JP Morgan Chase Bank. Oak Street Funding is a national commercial finance company dedicated to serving the needs of insurance professionals. …
Dallas-based wholesaler Heartland Marketing Group announced the hiring of Brian Simpson as the regional sales manager in Lee’s Summit, Mo. He will be responsible for Kansas, Missouri, Oklahoma and Arkansas. HMG specializes in providing rural agents in the four-state region …
Texas Gov. Rick Perry recently named Ronald J. Walenta, of Dallas, to a six-year term on the Board of Directors of the Texas State Office of Risk Management. Walenta has been involved in risk management consulting, claims consulting and various …
As planned, a group of Michigan property/casualty insurers has filed a lawsuit challenging the state’s new rule set banning their use of credit scores in auto and homeowners insurance and reducing base rates. According to Crain’s Detroit Business, the Insurance …
Louisiana Governor Kathleen Babineaux Blanco announced the appointment of Sharon Buchanan Robinson as the new State Inspector General to lead the office in the prevention of waste, mismanagement, abuse, fraud and corruption in the executive branch of state government. The …
Georgia residents with insurance problems or questions have been offered direct assistance from Insurance Commissioner John Oxendine’s office by contacting Insurance investigator visiting various Georgia communities. March 30, an investigator representing the commission will be at the Cedartown, Ga. Courthouse …
The Board of Directors of American International Group, Inc. (AIG) confirmed that it has received a letter from David Boies on behalf of its Chairman M. R. Greenberg, indicating his intent to retire from his position as chairman of the …
As of March 27, all children in New York state ages 4, 5 and 6 in automobiles are required to be restrained in approved car booster seats. New York Assemblyman Jack McEneny and Sen. Dean Skelos, who sponsored the successful …
More than 100 property owners, businesses and residents have filed complaints or insurance claims for damage they say was caused by Big Dig construction, according to a published report. The $14.6 billion project’s neighbors blame the Big Dig for millions …
Flood maps are not entirely accurate according to the West Virginia Office of Emergency Services, therefore it has issued a warning to residents saying that they could live in a hazardous area without even knowing it. OES advised residents living …
