Wells Fargo Insurance Services, Inc. announces that Samuel L Jones, executive vice president of the west region and CEO of ABD Insurance and Financial Services (ABD), will retire from Wells Fargo effective with the merger of ABD into Wells Fargo …
The Brownyard Group has launched a new insurance program for the wildlife management and animal control industry. The Brownyard Group Wildlife Management Program provides General Liability, Umbrella/Excess Liability, Commercial Automobile Coverage and Workers’ Compensation coverage. The General Liability coverage features …
The Federal Trade Commission’s (FTC) decision to order insurance companies to provide a wide array of consumers’ personal information in connection with a study of credit-based insurance scores and homeowners insurance is unnecessary, costly and risks consumers’ privacy, according to …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Indiana-based Max America Insurance Company (MAIC) with a positive outlook on both. The formation of MAIC by its ultimate parent …
U.S. regulators have asked nine major insurance companies, including Allstate Corp. and Travelers Cos. Inc., to provide information about how they set prices for homeowners’ coverage, the Federal Trade Commission said Tuesday. The FTC said it ordered the companies to …
The nation’s longest serving insurance commissioner, former Mississippi Insurance Commissioner George Dale, will share his unique post-Katrina insights on the regulatory challenges in the aftermath of large-scale disasters to a Texas-based audience next month at the Independent Insurance Agents of …
Cincinnati Financial Corporation’s property casualty insurance subsidiary, the Cincinnati Insurance Company, has appointed Watkins Insurance Group, with locations in Austin and Marble Falls, Texas, as the first independent agency in that state to market its policies. Watkins Insurance Group is …
A trade group for Massachusetts insurance agents has asked the state’s top regulator to force Progressive Insurance to take down its Web site, which agents say routinely gives inaccurate quotes — particularly when comparing Progressive’s prices to its competitors. The …
North Carolina Insurance Commissioner Jim Long reports that Kenneth Rick Morrow of Marion, a licensed insurance agent, was arrested last week and charged with nine counts of embezzlement, nine counts of obtaining property by false pretense, and eight counts of …
Swiss insurer Zurich Financial Services Group, a serial acquirer in recent years, is not letting tighter credit markets hamper its pursuit of acquisitions, a company executive said on Monday. “Zurich is definitely in a position where it can consider acquisitions,” …
