Some Farmers Union Mutual Insurance policyholders are confused about whether they can vote on moving the state Farmers Union headquarters to Mandan from Jamestown. The insurance company is separate from the farm organization, with different bylaws and requirements, Farmers Union …
Departing Minn.-basedUnitedHealth Group Inc. chief William McGuire is sitting on hundreds of millions of dollars worth of stock options. But a federal judge is weighing whether to make him get permission before cashing them in. A company-sponsored report has concluded …
The Board of Directors of Fireman’s Fund Insurance Co. has elected Joseph J. Beneducci as CEO of the property and casualty insurance company, effective Jan. 1, 2007. Beneducci previously served as president and chief operating officer. He succeeds Charles (Chuck) …
Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson, Jr. has charged. He called for …
Georgia Casualty & Surety Co. and Association Casualty Insurance Co. – properties of Atlantic American Corp. – announced management changes in itheir regional property and casualty operations. Effective immediately, Dianne Morris, current president of Association Casualty in Austin, Texas, will …
A Lawrence, Mass. man pleaded guilty this week to an indictment charging that he participated in an auto insurance fraud scheme to bilk insurance companies out of thousands of dollars in false claims, according to state Attorney General Tom Reilly. …
Harleysville Worcester Insurance Co. in Worcester, Mass. has requested the approval of the Massachusetts Commissioner of Insurance to transfer corporate domicile to the Commonwealth of Pennsylvania. Harleysville Worcester is a wholly-owned subsidiary of Harleysville Group Inc., which, in turn, is …
Policyholders of Virginia Mutual Insurance Co. have approved the previously announced plan of conversion with Alfa Corp., the companies reported. Under the agreement, Virginia Mutual will convert from a mutual company to a stock company and simultaneously merge with a …
A fire that destroyed the sanctuary of a 100-year-old church in Statesboro, Georgia was ruled an arson, Insurance and Fire Commissioner John Oxendine said. Authorities have arrested a suspect after the fire engulfed the Emit Grove Baptist Church last Monday …
