July 5, 2006
Tudor Insurance Company has introduced an enhanced version of its non-profit organization liability policy. A separate limit of liability will now be available for employment practices liability claims (generally available at premiums equal to their current program where directors and …
July 5, 2006
A Las Cruces lawmaker is vowing to reintroduce legislation that would increase oversight of New Mexico’s Insurance Division. Democratic Sen. Mary Kay Papen said a possible conflict of interest created by Eric Serna’s dual roles as state insurance superintendent and …
July 5, 2006
The acquisition of The Anderson Group of Owensboro, Ky., has been announced by Brown & Brown Inc. of Daytona Beach and Tampa, Fla. The announcement was made jointly by J. Scott Penny, Brown & Brown regional executive vice president and …
July 5, 2006
North Dakota Insurance Commissioner Jim Poolman warned seniors and other Medicare recipients to be on the look out for telephone scams. Callers, posing as representatives of fictitious companies such as Pharma Corp., National Medical Office, Medicare National Office and National …
July 5, 2006
Insurance coverage has been approved in Louisiana to take on a realm of the once-unthinkable: kidnappings, ransom, extortion and hijacking. Although it’s not for everyone, high-profile people, such as corporate executives who people who could be perceived as wealthy while …
July 5, 2006
An insurance broker indicted for his alleged role in a kickback scheme involving the Orleans Parish School Board has been hit with new charges of federal tax evasion. Glenn Davis, 53, operator of Century Insurance Agency, underreported his income and …
July 5, 2006
The Texas Department of Insurance (TDI) filed for and obtained an Agreed Order of Rehabilitation and Permanent Injunction from the 126th Judicial Court in Travis County on June 28, 2006, placing Vesta Fire Insurance Corporation into rehabilitation with its Texas-domiciled …
July 5, 2006
The Excess Line Association of New York (ELANY) has appointed Terry L. Harlow as director of education and communications, reporting to Daniel F. Maher, executive director. Harlow will undertake responsibility for membership communication and she will direct educational and training …
July 5, 2006
Rhode Island Governor Donald L. Carcieri will sign legislation today eliminating what some claim is a major loophole in the state’s drunk driving laws. The new law increases the penalties for those who refuse to submit to a Breathalyzer test …
July 5, 2006
ACE Limited has sold three run-off reinsurance subsidiaries to Randall & Quilter Investment Holdings Limited, an international insurance management firm. The agreement to sell ACE American Reinsurance Company, Brandywine Reinsurance Co. (UK) Ltd. and Brandywine Reinsurance Company S.A.-N.V. to Randall …