April 30, 2007
Matt Berry of the William Gammon Agency in Austin, Texas, and former president of the Independent Insurance Agents of Texas, has received the Woodworth Memorial Award, the highest honor the Independent Insurance Agents & Brokers of America (the Big “I”) …
April 30, 2007
A company that lost track of a computer containing the personal information of 540,000 New Yorkers but didn’t tell the state about it for five weeks has agreed to promptly notify people if security is breached again, Attorney General Andrew …
April 30, 2007
Mississippi Attorney General Jim Hood didn’t wait long to take on the insurance industry for denying the claims of thousands of policyholders after Hurricane Katrina. Less than a month after the Aug. 29, 2005, storm wiped out parts of the …
April 29, 2007
President Bush has approved New Hampshire’s request for a major disaster to be declared in the state as a result of recent flooding, heavy rain and wind. New Hampshire Sens. Judd Gregg and John Sununu made the announcement late Friday …
April 29, 2007
U.S. Sen. Trent Lott, R- Miss., has agreed to settle the lawsuit he filed against State Farm Fire and Casualty Co. for refusing to cover Hurricane Katrina’s damage to his Gulf Coast home, an attorney for the Mississippi Republican said …
April 27, 2007
Despite its focus on fiscal matters, Louisiana’s 2007 legislative session, which begins April 30, is certain to have plenty of impact on the insurance industry, according to one industry lobbyist. And it’s not necessarily going to be the kind of …
April 27, 2007
Oklahoma’s attorney general has urged Gov. Brad Henry to veto a bill changing the rules on the civil lawsuit system, saying the legislation would cripple his ability to take legal action to protect the state and its people from harm. …
April 27, 2007
Eatontown, N.J.-based Quaker Special Risk launched a new program tailored for luxury home builders building homes that have a sale price of $350,000 and up. Coverage is provided for new home construction including incidental remodeling and renovations. The focus of …
April 27, 2007
Sen. Joe Lieberman, D-Conn., and House Republican Whip Roy Blunt R-Mo., addressed 1,400 independent insurance agents and brokers at the Independent Insurance Agents & Brokers of America’s National Legislative Conference & Convention this morning. Sen. Lieberman emphasized the importance of …
April 27, 2007
Standard & Poor’s Ratings Services said it has lowered its counterparty credit and financial strength ratings on Tower Insurance Co. of New York (“Tower”) to ‘BB+’ from ‘BBB-‘. At the same time, Tower Group, Inc. (NASDAQ: TWGP) announced that it …