June 15, 2006
Three insurance companies filed a federal lawsuit Wednesday to recover $7.04 million in claims paid for homes damaged or destroyed in the 2002 Hayman Fire in Colorado. State Farm Fire & Casualty Co. Inc., three Hartford insurance entities, and Allstate …
June 15, 2006
Western National Insurance Group, based in Edina, Minn., today announced that it has met all regulatory and legal steps to finalize the affiliation with Farmers Home Group of Bloomington, Minn. Farmers Home companies will continue to operate as separate entities …
June 15, 2006
Bollinger, Inc., a national privately held insurance broker, has acquired Windsor Benefit Consultants, Inc. and James E. Hopgood & Associates of Denville, N.J. Both firms’ employees will relocate to Bollinger’s corporate headquarters in Short Hills, N.J. In addition, Jim Hopgood, …
June 15, 2006
A man who wrecked his new truck is not entitled to payment from his insurance company for the resulting loss of market value, the New Mexico Court of Appeals ruled. In the first ruling in New Mexico on the issue, …
June 15, 2006
Walgreens Co. has announced it will stop filling prescriptions for members of Midwest Health Plan, based in Dearborn, Mich., effective July 1 because of inadequate pharmacy reimbursement rates. Walgreens has been in discussions with Midwest Health Plan for the past …
June 15, 2006
Washington Insurance Commissioner Mike Kreidler levied a $100,000 fine against Apple Computer Inc. for selling service contracts from 2000 to 2004 without registering as a service contract provider. “If a consumer decides to purchase a service contract for a computer …
June 15, 2006
Legislation changing the uninsured mootorist law in Washington that is named in honor of accident victim Ethel Adams has taken effect. Adams was injured in an automobile accident in 2005 when her car was hit during an intentional act of …
June 15, 2006
Illinois Republican lawmakers are critizing the state’s new program to offer free or low-cost health insurance to all children, demanding to know how many people are signing up and criticizing the timing of a TV ad campaign. All Kids, the …
June 15, 2006
XL Specialty Insurance Company has introduced a multi-line insurance program especially designed for the armored car industry and other business transporting high-value cargo. The program was introduced this week at the Independent Armored Car Operators Association annual convention, held in …
June 15, 2006
Beazley Group plc has increased its stake to 100 percent in Asia Pacific Underwriting Agency Limited (APUA), a Hong Kong based insurance underwriting agency, that sources business throughout Asia from insurance intermediaries. The decision reflects Beazley’s drive to expand its …