July 21, 2008
Toledo, Ohio-based Hylant Group, a privately held commercial insurance brokerage firm, has recently expanded into the Chicago market with its 12th office, located at 303 West Madison Ave. Thomas O’Connell, who brings more than 30 years of industry experience, has …
July 21, 2008
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes in 27 states, which is nearly double the number of catastrophes in the first …
July 21, 2008
As federal investigators converged on a Houston oil refinery July 19 where a crane collapse killed four and injured seven others, the company that owns the 30-story-tall crane released the names of the dead workers. The four men killed in …
July 21, 2008
Tropical Storm Cristobal, the first tropical storm to menace the Southeast seaboard this hurricane season, sent outer bands of intermittent rain lashing the eastern Carolinas July 19 as forecasters predicted it could dump several inches in some areas of drought-stricken …
July 21, 2008
Houston-based Delta General Agency Corp. promoted Roya Azari to Underwriting and Business Development manager, effective July 1. Roya began her commercial insurance career at Delta as an assistant underwriter in 1984. Since then she has been an underwriter, senior underwriter, …
July 21, 2008
A former Louisiana attorney general’s lawsuit that contends major insurance companies manipulated prices on hurricane damage claims will remain in federal court, an appeals court ruled. In a 2-1 decision, a panel of the 5th U.S. Circuit Court of Appeals …
July 21, 2008
North Carolina officials announced a recall of fresh jalapeño peppers and avocados distributed in North Carolina after samples from a food distributor tested positive for salmonella. The N.C. Department of Agriculture and Consumer Services said in a statement that it …
July 21, 2008
Connecticut Insurance Commissioner Thomas R. Sullivan has fined Vermont Mutual Insurance Co. $144,000 for violations of state law. A market conduct exam conducted by survey alleged that Vermont Mutual had 104 agents who were not appointed, and 15 agents who …
July 21, 2008
As losses mount at American banks and the pain of the credit crisis spreads from housing and finance to the broader economy, many small companies complain it is increasingly difficult to obtain loans. Tighter credit could not only help to …
July 21, 2008
USG Insurance Services Inc., a national wholesale broker of commercial insurance, is expanding operations nationwide with the addition of a dedicated underwriter to Mississippi and Alabama. Debbie Rogers is the new contact for the designated region. Rogers has 25 years …