Nearly 16,000 pounds of beef and buffalo sausage marketed as Maverick Sausage have been recalled from stores in 18 states, including Michigan, because of possible contamination with the bacterium Listeria monocytogenes. The U.S. Agriculture Department’s Food and Safety Inspection Service …
Former California Sen. Liz Figueroa of Fremont, who lost a bid for her party’s nomination for lieutenant governor in June, will be paid $114,191 annually as a member of the California Unemployment Insurance Appeals Board. Senate President Pro Tem Don …
Eighty-six people have been arrested on suspicion of bilking insurance companies out of more than $500,000, one of California’s largest ever insurance fraud cases, the district attorney’s office said. The 86 were arrested Thursday, while arrest warrants have been issued …
Colorado Casualty, a member of Liberty Mutual Group, recently hosted a 25th anniversary celebration with 140 employees and more than 100 appointed agents in attendance. The company also announced it would be expanding its personal lines business, now offering its …
Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many victims’ losses. From November 2005 to November of last year, …
Workers’ compensation insurer MEMIC Indemnity Co. recently hired Jeff Funk as an executive underwriter to lead underwriting and agency management responsibilities in MEMIC’s new Connecticut and New York offices. Funk brings 24 years of insurance industry experience to MEMIC including …
Sen. Dean Kirby says slashing prohibitively high insurance rates on the Mississippi coast is as much about economic development as it is about insurance. Kirby, chairman of the Senate Insurance Committee, made the comments after lawmakers met last Thursday to …
With elevated hurricane activity predicted over the next 15 to 20 years, insurers took advantage of last year’s respite to fix the roof while the sun was shining, setting aside billions to bolster the industry’s claims-paying capacity, according to the …
Standard & Poor’s Ratings Services has assigned its “AA-” long-term counterparty credit and insurer financial strength ratings to Ireland-based Wagram Insurance Co. Ltd., the wholly owned captive insurer of French state owned utility Electricité de France S.A. (rated “AA-“/Negative – …
Standard & Poor’s Ratings Services stated that “its ratings and outlook on Slovenia-based reinsurer Pozavarovalnica Sava, d.d. (Sava Re – BBB+/Stable/–) are unaffected by the Jan. 4 announcement that Sava Re has acquired 53.65 percent of the third-largest Macedonia-based insurer, …
