July 1, 2008
A former Lafayette, La., insurance producer has been arrested, and issued a cease and desist order, a license revocation and a fine notice for alleged misappropriation of funds and felony theft, the Louisiana Department of Insurance announced. Jenifer Leigh Leger, …
July 1, 2008
The ability of customer service representatives to resolve customer issues is the most critical driver of customer satisfaction, loyalty, and word of mouth recommendations. Yet one in five customers report their experience with a customer service representative at a call …
July 1, 2008
Bermuda-based AXIS Capital Holdings Limited announced the appointment of Dean Benner as Executive Vice President and Chief Investment Officer, effective June 30. He will report to CFO David Greenfield. Benner joins AXIS with over thirty years of experience in investment …
July 1, 2008
A.M. Best Co. has commented that the ratings of Bermuda-based Allied World Assurance Company Holdings, Ltd. and its subsidiaries remain unchanged following the recent announcement that the company has entered into a definitive agreement to acquire Darwin Professional Underwriters, Inc. …
July 1, 2008
As fuel costs keep climbing, farmers and police say thieves are beginning to target off-road diesel tanks kept in fields throughout south Arkansas. In Desha County, about 3,000 gallons of off-road diesel have been reported stolen in six major thefts. …
July 1, 2008
Fort Worth Texas-based Hallmark Financial Services, Inc. today reaffirmed its proposal to acquire all of the outstanding stock of Chicago-based Specialty Underwriters’ Alliance Inc. (SUAI). Hallmark submitted a proposal to acquire SUAI in a stock-for-stock transaction where each share of …
July 1, 2008
New York’s top court has ruled that an undocumented alien injured while working as a printer properly received basic workers’ compensation, but he wasn’t eligible for additional payments because of his legal status. Ronnie Ramroop got temporary disability benefits for …
July 1, 2008
Florida faces a crisis in meeting the demand for aging services over the next 22 years as the population aged 85 and older is forecast to grow by 126 percent. This will require 15,000 more skilled nursing beds at a …
July 1, 2008
Floodwaters receding into the Mississippi River and its tributaries will suck billions of dollars out of the Midwest’s economy, though experts have not agreed on whether the damage will be as devastating as the 1993 flooding. The impact on U.S. …
July 1, 2008
An employee in the city’s Department of Buildings has been suspended for “neglect of duty,” the agency announced. Acting Commissioner Robert Limandri said Michael Carbone was suspended after an internal investigation. Department spokesman Tony Sclafani declined to give any further …