Alabama Gov. Bob Riley is offering a $5,000 reward for information that will lead to an arrest and conviction in an arson case in Jasper where a law enforcement officer was the victim. Riley says fires were set to the …
From flooding and tornado catastrophes to the impact of the AIG bailout or the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin Governor Jim Doyle on Jan. 1, …
A South Florida attorney has been disbarred and ordered to surrender on Nov. 7 to serve 366 days in a Florida prison, according to Florida Chief Financial Officer Alex Sink. Broward County Circuit Judge Pedro Dijols convicted and sentenced Anthony …
Florida Insurance Commissioner Kevin McCarty approved the National Council on Compensation Insurance’s amended rate filing for workers’ compensation insurance rates that will become effective Jan. 1. The rate decrease marks the sixth consecutive drop in worker’s compensation rates since 2003, …
North Palm Beach, Fla.-based AmCOMP Inc. received stockholder approval for Employers Holdings Inc. to acquire AmCOMP. Approval required a vote of at least a majority of AmCOMP’s outstanding shares of common stock. Of the shares voted, over 99 percent voted …
Contrary to the position taken by A.M. Best and Moody’s Investors Service, Fitch Ratings has revised CNA Financial Corporation’s rating outlook to negative from stable. However, Fitch affirmed the Issuer Default Rating (IDR) at ‘BBB+’; the Senior debt at ‘BBB’, …
Several news organizations are reporting that Brooke Corp. and Brooke Capital Corp. have filed for Chapter 11 in Bankruptcy Court in Kansas as of Tuesday, Oct. 28. The company had lawsuits pending, including the Bank of New York Mellon and …
The Federal Deposit Insurance Corp.’s powers could be expanded if Congress decides to shift insurance companies from state regulation to federal regulation, FDIC Chairman Sheila Bair said Wednesday. Bair said the FDIC could start providing guarantees for insurance companies, much …
Louisiana experienced a loss of 17,500 jobs in the seasonally adjusted number of nonfarm jobs from August to September 2008, the Louisiana Workforce Commission announced recently. However, the September nonfarm job total of 1,939,300 people working represents an increase of …
Indiana-based Gibson Insurance Group is part of a group of independent insurance agencies around the U.S. to retain Best Practices status in 2008 from Independent Insurance Agents & Brokers of America (IIABA). Gibson Insurance Group first received the honor in …
