One year after Hurricane Charley made landfall as the first of four major hurricanes to strike Florida, federal and state disaster assistance totals more than $5.6 billion, the U.S. Department of Homeland Security’s Federal Emergency Management Agency reported recently, releasing …
Atlanta-based Atlantic American Corp. announced net income of $1.2 million, or $0.04 per diluted share, for the second quarter ended June 30, 2005, compared to net income of $1.1 million, or $0.04 per diluted share, for the second quarter ended …
West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: • Huffman and Associates Inc., a Kanawha County …
Hermitage Insurance Company announced that its rating has been upgraded by rating agency A.M. Best Company to “B++” (Very Good). The upgrade reflects A.M. Best’s positive assessment of Hermitage’s financial condition as a result of continued underwriting and operating improvements …
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during July. The actions include seven license revocations, one license denials and fines and restitution totaling $335,375. Copies of Geeslin’s orders may be obtained …
Dallas-based McQueary Henry Bowles Troy L.L.P., in conjunction with the actuarial firm Milliman USA, is conducting its third annual survey of employer-sponsored health plans. The survey, one of the largest in Texas, queries businesses about their health plan design, costs, …
Florida’s Chief Financial Officer Tom Gallagher on Thursday announced the arrests of 10 people in a staged accident ring that involved 15 different medical clinics fraudulently billing auto insurers more than a million dollars for non-existent injuries. Those arrested are …
Burns & Wilcox, the nation’s largest independently-owned specialty insurance wholesaler, underwriter and managing general agency, has opened a new service center in Albuquerque, N.M. Announced by Burns & Wilcox Chairman, President and CEO Alan Jay Kaufman, the expansion represents Burns …
Encino, Calif.-based NAS Insurance Services has recently reduced premiums for Employment Practices Liability Insurance by 40 percent in most states. Among the many features of the NAS EPLI program are full prior acts coverage for most risks, punitive damages included …
Jim Howey recently joined Denver-based G.E. Young & Company as chief operating officer. Howey, who holds more than 16 years of insurance and risk management experience, was brought on board to drive process and strategy implementation for the company, according …
