A Missouri bus company’s insurance company has asked a federal judge to determine how $5 million in potential damages would be distributed to more than 40 possible people or groups involved in crash of a bush chartered by Central Bible …
With diversification and income as priorities, individual investors, pension funds and institutional investors have been moving massive amounts of capital to the real estate sector. Real estate investment trusts (REITs), with their low stock price volatility and rising dividends, have …
Kingsway Financial Services Inc. of Toronto has entered into a program management agreement with The Robert Plan Corporation. to have RPC service its U.S. assigned risk automobile accounts. The agreement is effective for new and renewal business on and after …
TD Banknorth Inc. announced is expanding its insurance presence in central Maine by purchasing Boothby & Bartlett Company, a community insurance agency in Waterville, Maine. The acquisition is scheduled to close in December. The insurance firm will become part of …
Six months after she announced creation of the office, Connecticut Governor M. Jodi Rell has named Barbara Fernandez to lead the state’s Insurance and Financial Services (IFS) Business Development Office. The office was announced in May as an effort to …
A Calcasieu Parish, La., grand jury has decided to take no action against the former Vinton police chief who was arrested earlier this year on charges of extortion, malfeasance in office and insurance fraud, the Associated Press reported. The grand …
A National Catastrophe Fund that would provide assistance for insurance claims in Florida has been endorsed by Tom Gallagher, Florida’s CFO. The CFO’s recommendations came after officials, including Florida Insurance Commissioner Kevin McCarty, met last week in San Francisco at …
Jacksonville, Fla. residents should begin to prepare now for the 2006 hurricane season according to Chip Patterson, chief of the city’s Emergency Preparedness Division. Patterson recently told the Chamber of Commerce’s Downtown Council it is a myth that Jacksonville is …
A year after tornadoes tore up Olla, La., the auditorium at LaSalle High School still has no roof. Boards cover school windows; the gym door swings open with each gust of wind. The building has been gutted, but no other …
Most insurance agents in Texas have never faced the damage caused by a catastrophic storm. Thankfully, massive hailstorms, tornadoes and hurricanes have been few and far between in our state. But, Hurricane Rita changed all of that when it struck …
