Dallas-based RISC announced that Sam Maynard and Cathy Montgomery have joined its Brokerage Department as vice presidents specializing in Casualty and Property respectively. Maynard began his insurance career with Continental in 1975. For the past 15 years he has been …
Arkansas Insurance Commissioner Julie Benafield Bowman has expressed concern upon hearing reports of questionable practices by insurance agents selling Medicare Advantage plans in the southwest area of the state. Calls from consumers in Hope and Texarkana to the Seniors Health …
Three days after a Florida special legislative session on insurance rates for homeowners, Gov. Charlie Crist signed legislation that promises to provide insurance reform, including rate reductions and an expansion of Citizens Property Insurance Corp.’s offerings. The bill also includes …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) of Main Street America Group (MSAG) and its four members led by NGM Insurance Co. and including affiliated insurers Main Street America Assurance Co., MSA Insurance Co. (South …
Texas Mutual Insurance Company announced that the Texas Department of Insurance approved the expansion of its workers’ compensation health care network option. The new service areas include west Texas cities such as Abilene, Midland and Odessa, as well as Nacogdoches, …
Columbus, Ohio-based State Auto Insurance Cos. have eliminated an automation roadblock for independent State Auto agencies using Applied Systems agency management systems. State Auto has implemented IVANS Transformation Station a routing service that creates a “bridge” between Applied Systems agency …
Ebix, Inc., a supplier of software and e-commerce services for the insurance industry worldwide, has made a proposal to acquire all of the outstanding common stock of Docucorp International Inc. for $11 per Docucorp share in cash and Ebix stock …
Computer records containing medical claim information, health data and Social Security numbers of 28,279 Nationwide insurance customers were stolen from the office of a vendor in Massachusetts, the company said. A lockbox that contained computer backup tapes was taken during …
Connecticut Attorney General Richard Blumenthal has drafted legislation that he says would strengthen the state’s anti-steering law prohibiting insurers from forcing consumers to use a preferred auto repair shop as a condition of paying for the repair. Blumenthal announced the …
The Missouri Court of Appeals on Tuesday threw out a $20 million jury award to five former State Farm Insurance agents who claimed they were improperly terminated for criticizing the company’s treatment of policyholders. A three-judge panel of the court’s …
