The cost of damage to Oklahoma homes, businesses and infrastructure from the December 2007 historic ice storm is approaching $180 million, state officials said. Businesses and homeowners have filed more than 30,000 insurance claims totaling more than $54 million in …
An Oklahoma lawmaker who has blocked legislation that would require health insurers to cover a variety of medical procedures and conditions has accepted thousands of dollars in donations from individuals or political action committees with ties to the insurance industry, …
Stephens Insurance LLC expanded its commercial and retail insurance service capabilities in Texas by adding 10 staff members to its Austin office. Founded in 1987, Stephens Insurance offers insurance services throughout the South and serves a large clientele in Dallas …
San Diego, Calif.-based MGA and wholesale insurance broker Sloan Mason Insurance Services opened a new office in New Orleans, La. Sloan Mason specializes in the marine and energy business and will introduce specialty programs and coverages for vessel owners, shipyards, …
The Hartford Financial Services and Progressive are offering their insurance products for communtiy banks to each other’s independent agents and brokers. The new alliance allows banks and their agents the option of getting all of their business insurance from one …
There are no reports of damage after a small earthquake shook parts of the St. Louis, Mo., area on Monday, May 5th in the morning. The magnitude 2.7 quake at 6:25 a.m. was centered in Fenton in southwest St. Louis …
Boston-based Liberty Mutual Group reported net income of $360 million for the three months ended March 31, 2008, an increase of $10 million over the same period in 2007. Net written premium for the first quarter was $6.256 billion, an …
W. R. Berkley Corp. has formed Berkley Asset Protection Underwriters, LLC. Based in New York City, it will offer products designed to protect commercial and personal assets. The products will include coverage for fine arts, jewelers block, fidelity/crime and related …
New York-based Tower Group, Inc. reported 2008 first quarter net income of $14.9 million compared to net income of $11.6 million in the first quarter of 2007. Gross premiums written increased 42.0 percent to $157.4 million. Commission and fee based …
Illinois has decided to create a panel aimed at improving earthquake preparedness. The Illinois Seismic Safety Task Force will assess how high-risk portions of the state have prepared to minimize earthquake damage. The group will also give Governor Rod Blagojevich …
