A proposal by Michigan Governor Jennifer Granholm to create a state automobile and homeowner insurance consumer advocate is being called “unnecessary and duplicative,” by one property/casualty insurance trade association. “We believe it is the role of the Michigan Office of …
Marsh announced from its London office that Carrick Lambert has been appointed as Managing Director, EMEA [Europe, Middle East, Africa] Financial Institutions Industry Practice. He joins Marsh from Aon’s Global and UK Financial Institutions Industry Practices, where he most recently …
West Virginia officials arrested a Boone County man for insurance fraud late last month. West Virginia State Police arrested Mathew J. Harrison, 27, of Bim, W. Va., on Dec. 21, 2007, and charged him with five felony counts of insurance …
A.M. Best Co. has downgraded the debt rating to “bb+” from “bbb” on the $350 million non-cumulative perpetual preferred securities (issuer preferred securities) issued by Stoneheath Re (issuer), a Cayman Islands exempted company. The rating outlook is stable. Best explained: …
A Raleigh County Grand Jury indicted a Coal City, W. Va., couple for insurance fraud, according to Insurance Commissioner Jane L. Cline. On Jan. 16, Mathew and Jennifer Nichols were each indicted on two felony counts of forgery, two felony …
A man living in a mobile home inside a massive art warehouse in Louisville, Ky., died from injuries sustained in a three-alarm blaze on Jan 26. Bill Christie died at University Hosptial, a hospital official said. Christie’s age was not …
A federal lawsuit filed by 33 inmates at a state prison accuses officials of lying about removing asbestos from the facility. Lab tests on a powdery substance collected by the inmates at the Chillicothe Correctional Institution show the presence of …
Federal regulators fined a Dallas company $6,300 in connection with a spectacular acetylene gas explosion last summer that sent metal canisters flying into the air. The Occupational Safety and Health Administration assessed the fine to Southwest Industrial Gases, a welding …
Pine Bluff, Ark.’s new fire chief is fed up with arsons at abandoned homes in his city – so much so he’s reaching into his own wallet to try and stop the blazes. Don Horton said he will offer a …
Illinois-based Insurance Auto Auctions Inc., an automotive total loss and specialty salvage service opened a greenfield operation in Pensacola, Fla. The new site in Florida’s panhandle represents IAA’s 8th location in the state. Source: Insurance Auto Auctions Inc.
