The family of a man who was shot to death by a Carterville police officer three years ago has reached a settlement with the city and Police Department. If the settlement is approved by a court, the city’s insurance company …
Satellite Agency Network Group, Inc. (SAN Group), a network of independent insurance agencies in the New England and New York, has named Christine Roukey as its new director of communications and marketing. Roukey has been with the SAN Group since …
Effective July 1, 2006, the State Corporation Commission’s (SCC) Bureau of Insurance in Virginia will have the authority to license entities as home service contract providers. A new law adopted by the 2006 General Assembly (House Bill 383) established a …
United Restaurants of New York Workers’ Compensation Safety Group #556 has paid a 40 percent dividend to approximately 775 members for policies through Sept. 30, 2005, according to the group’s manager, The Friedlander Group, Inc. This was in addition to …
The U.S. Supreme Court has rejected an appeal from Holocaust survivors in the U.S. who claim they have been cheated out of a fair share of a $1.25 billion settlement over looted assets. Justices had been asked to review a …
Congress opened a fresh debate on the insurance industry’s exemption from federal antitrust laws this week, with some larger insurers indicating a willingness to relinquish the exemption in exchange for regulatory reform that would free them from state regulation. At …
Veronica Della Porta, chairman of the Florida Association of Insurance Agents, recognized catastrophe team volunteers who traveled to hard-hit areas and assisted victims during 2005, when hurricanes hit the southeast U.S. Bay St. Louis, Miss., agents David and Angelyn Treutel …
Earl Horton, Jr., executive vice president of Bouchard Insurance Inc. in Clearwater, Fla. has been named chairman of the Florida Association of Insurance Agents during the group’s annual conference in Orlando, Fla. Horton sits on FAIA’s Finance Committee and is …
A.M. Best Co. has assigned a debt rating of “bb” to the $50 million senior secured floating rate notes, due June 5, 2009, issued by VASCO Re 2006 Ltd. (the issuer), a newly created Cayman Islands exempted company licensed as …
A.M. Best Co. has assigned a financial strength rating (FSR) of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to Novae Insurance Company Limited (NICL), a newly formed insurer based in the U.K. The outlook is stable. In …
