Brown & Brown Inc. announced it is acquiring Alexandria, La.-based Insurance 1 Inc. With annualized revenues of approximately $800,000, Insurance 1 focuses on property and casualty, as well as health and life insurance for individuals and businesses in Louisiana. Company …
William (Bill) Murphy has joined San Diego, Calif.-based Barney & Barney as the newest principal. Murphy will serve as director of sales for the Employee Benefits Department. Formerly a senior market manager at Unum, Murphy comes to Barney & Barney …
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during November include five license revocations and fines and restitution totaling $180,029. An order imposing disciplinary measures becomes final 20 days after the agent …
Tulsa, Okla., fire officials say initial damage estimates after a raging industrial fire at a petroleum recycling facility at the Tulsa Port of Catoosa may be close to a half-million dollars. But Fire Capt. Michael Baker says they managed to …
The former official who filed a $225 million racial discrimination and sexual harassment lawsuit against NASCAR is very pleased with her settlement and looking forward to moving on, her attorney said Friday. Mauricia Grant reached a confidential settlement with NASCAR …
Gov. Jim Doyle and the Legislature legally used $200 million from Wisconsin’s medical malpractice fund to help balance the state budget, a judge has ruled. The decision, if it stands, spares the state from immediately paying the $200 million back …
A timeline of events in the felony case against former North Dakota workers compensation director Sandy Blunt: April 2004 Charles “Sandy” Blunt, a former Ohio workers compensation administrator, is hired as the new chief executive officer of North Dakota’s Workforce …
North Dakota’s former workers compensation director has been convicted on the more serious of two felony charges that he misspent public funds. It carries a possible 10-year prison term. Sandy Blunt’s attorney, Michael Hoffman, said his client will appeal. He …
Improper application of insurance terminology by some insurance news sources has created a wave of worry over an endorsement these media outlets assert severely limits the protection provided by the commercial general liability (CGL) policy . Readers are even warned …
Standard & Poor’s Ratings Services has placed its ‘A-‘ counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based intermediary holding company, Everest Reinsurance Holdings Inc., on CreditWatch with negative implications. S&P has also placed its ‘AA-‘ counterparty …
