Brooke Corporation on Monday announced the completion of its follow-on offering of 2.5 million shares of its common stock. Priced at $11.50 per share, the gross proceeds of the offering were $28,750,000, with proceeds of $27,096,875 to the Company, before …
Former commodities firm executive Marc E. Thompson set his home ablaze and burned his elderly mother alive to collect insurance money that he later hid during bankruptcy proceedings, a federal jury ruled late last week. Thompson, 53, faces 115 years …
The American Society of Safety Engineers’ (ASSE) Permian Basin Chapter in Midland, Texas, announced it is teaming up with local U.S. Occupational Safety and Health Administration officials and the Texas Workers’ Compensation Commission to increase safety for oilfield workers in …
Apparently unfazed by last year’s devastating hurricane season, the nation’s property and casualty insurers reported profits of $41.3 billion in 2004, representing a 28 percent increase over the $32.3 billion earned in 2003, according to Weiss Ratings Inc., an independent …
As the hurricane season recently entered its third month, a London-based storm forecaster reports that a higher-than-usual number of hurricanes are expected to hit the United States this year. Tropical Storm Risk increased its outlook for hurricane activity in the …
Lawrence H. Mirel, insurance commissioner for the District of Columbia, is stepping down from the post he has held for the past six years, the office of D.C. Mayor Anthony Williams has confirmed. Vincent Morris, a spokesman for the mayor, …
USBA (Uniformed Services Benefit Association) announced that Colonel Robin A. Snyder, USAF (Ret.) is joining the company as chief financial officer beginning September 1, 2005. Snyder served more than 27 years in the United States Air Force as a senior-level …
Cincinnati Financial Corporation on Monday announced that the board of directors has declared a 30-1/2 cents per share regular quarterly cash dividend payable Oct. 14, 2005, to shareholders of record on Sept. 23, 2005. In January, the board raised the …
The Arkansas Workers’ Compensation Commission issued a bulletin clarifying that Act 1917 of 2005, effective Aug. 12, 2005, amended Ark. Code Ann §11-9-402 regarding certificates of non-coverage (CnC) issued by the commission. Since Act 796 of 1993, sole proprietors, partners …
New York State Insurance Superintendent Howard Mills has named Jody Hall as special deputy superintendent and chief executive officer of the New York Liquidation Bureau. Hall will direct the overall operations of the bureau, which is tasked with the rehabilitation …
