Columbus, Ohio–based Huntington Bancshares Inc. recently announced the appointment of Pete Dunlap as president of Huntington Insurance. In this role Dunlap is responsible for the oversight and strategic direction for the company’s insurance business, which includes consumer and commercial services …
Gov. Brad Henry has declared a state of emergency for Oklahoma in case hurricane evacuees from Texas are brought to the state. Hurricane Ike is expected to hit Texas Saturday and Oklahoma Department of Emergency Management spokeswoman Michelann Ooten says …
Federal investigators are wrapping up a probe of a fatal propane explosion at a Raleigh County, West Virginia convenience store in January 2007. The U.S. Chemical Safety Board said it will release its final report on the blast Sept. 25. …
A former employee in the Nebraska treasurer’s office has filed a lawsuit against the state alleging he was directed to illegally create a computer program to prohibit employees from filing for overtime. Robert Harrison of Lincoln alleges that after he …
Pennsylvania businesses have saved more than $300 million thanks to a program that allows workplaces to save five percent annually on workers’ compensation insurance premiums, according to the state. Businesses qualify for the savings if they have a state-certified safety …
Everest Security Insurance Co., a U.S. insurance subsidiary of Everest Re Group Ltd., is now offering non-standard automobile insurance in South Carolina through its network of independent agents. Everest Security Insurance Co. underwrites non-standard automobile insurance in Georgia and Alabama …
John B. Keefe has been named senior vice president of corporate development for Harleysville Insurance. In this position, he is responsible for identifying strategic business opportunities designed to increase the company’s growth and profitability. Prior to joining Harleysville, Keefe spent …
Bermuda-based PartnerRe Ltd. announced that its preliminary estimate of claims relating to its exposure to Hurricane Gustav are currently expected to be between $25 and $45 million on a pre-tax basis, net of reinstatement premiums. “During the last week of …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of Bermuda-based reinsurer Lehman Re Limited. In addition Best revised the outlook for all …
Risk Management Solutions estimates that the damage wreaked by Hurricane Ike in the popular Turks & Caicos Islands and Bahamas at between $50 million and $200 million. RMS said the majority of the losses were due to “wind and storm …
