Officials say they now think the fire that destroyed a more than 100-year-old cotton mill in York, South Carolina is suspicious. The Herald of Rock Hill reports that York Fire Chief Domenic Manera said authorities interviewed several people at the …
A federal judge on Monday dismissed claims of fraud in a key Hurricane Katrina lawsuit that accused State Farm Fire & Casualty Co. of using different engineering reports to deny a Mississippi couple’s insurance policy after the storm. The ruling …
Zurich Financial Services Group (Zurich) announced that Zurich Global Energy, a unit of the Global Corporate division, has created a cross-functional team to address the insurance needs of the growing alternative energy market, including solar power, wind power, biomass, geothermal …
Allstate’s 1,100 insurance agents in Florida are still in business, thanks to a mistake Monday by a Florida appeals court. Less than an hour after issuing an order denying Allstate’s appeal of a state-ordered suspension, the 1st District Court of …
NSM Insurance Group has acquired Insurex, a California-based workers’ compensation brokerage. The acquisition “immediately expands our ability to provide new national workers’ compensation markets to our independent agent and broker customers” said Dan McCarthy, CEO, Insurex. Meanwhile, NSM believes the …
Colemont Insurance Brokers has introduced TExcess, a new employers’ excess indemnity insurance (EEII) policy available for larger Texas employers who are non-subscribers to the workers’ compensation system. TExcess is underwritten by Safety National Casualty Corporation, A.M. Best rated “A” IX, …
Shawn Fabors recently joined Dallas-based RISC Inc. as chief sales officer, the company announced. Fabors has worked in the financial services and insurance industry since 1992. Prior to joining RISC, he served as the territory sales director of a leading …
Insurance ratings firm A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of States Self-Insurers Risk Retention Group, Inc. ((Vermont). The outlook for both ratings is negative. Concurrently, A.M. Best has …
Aon Corp. announced that Peter Breitstone, an independent agent, has been appointed president and chief executive officer of its marketing affiliate to independent agents, Agency Specialty Product Network Insurance Services, Inc., (ASPN). Jerry Tegan, who has served as president and …
Attorneys have agreed on an October trial date for a man accused of setting a fire that killed his wife and son, even though it’s beyond a deadline set by the Indiana Court of Appeals. The Court of Appeals gave …
