USI Holdings Corp. has acquired Webster Insurance, Inc., from Webster Financial Corp., the holding company for Webster Bank, N.A. The parties also signed marketing agreement to provide expanded products and services to their respective clients. Webster Insurance, based in Meriden, …
BMS, a reinsurance intermediary based in Philadelphia, has appointed James T. Buysse as chief executive officer of its North American operations, BMS Intermediaries, Inc. Buysse will be based in Philadelphia and will report to Hugo Crawley, chairman of BMS Intermediaries …
The North Dakota state Insurance Department says it has settled a claim for $7.9 million for damage to the Northwood school from the Aug. 26 tornado that ripped through the community. The department’s Fire and Tornado Fund provides property insurance …
A Kanawha County, W. Va., grand jury indicted five individuals in multiple cases involving insurance fraud last week, according to the state’s Insurance Commissioner, Jane L. Cline,. Tina Marie Browning, 40, of Eskdale, was indicted on one felony count each …
A tornado wiped out 95 percent of Greensburg. Hailstorms rattled the south-central part of the state, damaging roofs. An ice storm crippled the state. With all the large-scale weather events to hit Kansas last year, it would seem likely that …
Relatives of 10 people killed in a house fire in Bardstown, Ky., last year have filed a lawsuit that names a cigarette company and a furniture maker. The suit alleges the two companies, Altria Group and Jackson Furniture Industries, could …
Mercator Risk Services, a specialty wholesale insurance broker, acquired Tennant Risk Services Insurance Agency LLC, a Hartford, Conn.-based wholesale broker and underwriting manager. Terms of the transaction were not disclosed. Tennant Risk Services specializes in errors and omissions, directors and …
The first meeting of the legislatively created My Safe Florida Home Advisory Council is scheduled to take place in Tallahassee today. according to Florida Chief Financial Officer Alex Sink. Sink will address the council at 8:30 a.m. prior to the …
Government adjusters trying to assess the accuracy of flood claims payments from the 2005 hurricane season were hampered by a lack of access to data on wind damage from the National Flood Insurance Program and private insurers, according to a …
A bipartisan House committee is seeking to block Missouri Gov. Matt Blunt’s “Insure Missouri” program from taking effect as scheduled. Blunt’s plan would expand government-subsidized health insurance to thousands of low-income working parents. The Department of Social Services has filed …
