Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced it has added workers’ compensation coverage to its commercial insurance product line in Nevada. “Bringing workers’ compensation coverage to our Nevada agents comes on the heels of a …
The insurance industry is not taking the recent attacks by Michigan Gov. Jennifer Granholm and the state consumer advocate lightly. Insurance trade groups have come out swinging against Granholm’s call for a freeze on auto insurance rates until lawmakers can …
The state of Texas has accrued $134 million in unpaid bills from emergency response to Hurricane Ike – and vendors want their money. Jack Colley, the state’s director of emergency management, told the state Senate Finance Committee that he’s had …
A.M. Best Co. announced it has downgraded the financial strength rating (FSR) to A- (Excellent) from A+ (Superior) and issuer credit rating (ICR) to “a-” from “aa-” of Farm Bureau County Mutual Insurance Company of Texas (County Mutual), headquartered in …
McQueary Henry Bowles Troy L.L.P. (MHBT), a large regional independent commercial insurance firm, announced the expansion of its executive leadership team with several promotions in the firm’s Dallas office. Don Bowles has been elevated from president of MHBT to vice …
America First Insurance, a Liberty Mutual Agency Markets regional company based in Richardson, Texas, has appointed Stephen Stricklen to assistant vice president, Specialty Products. In this position Stricklen will manage the company’s new Farm & Ranch Division, as well as …
Maree Shogren knows firsthand the toxic power of a volcano, so don’t blame her for being a little freaked out about the expected eruption of Alaska’s Mount Redoubt. The Anchorage woman vividly recalls the 1992 eruption of Mount Spurr, how …
Powter Insurance, based in McKinney, Texas, announced it has acquired the O’Neal Insurance Agency of Burleson, Texas. O’Neal Insurance Agency owner Jerita O’Neal will join Powter, bringing many years of experience in property, casualty and group benefits insurance to Powter. …
Tower Group Inc. has completed its acquisition of CastlePoint Holdings Ltd. in a transaction valued at $531 million based on Tower’s current market price. Tower announced a definitive agreement to acquire CastlePoint on Aug. 5, 2008. All closing conditions have …
Despite the seemingly difficult times independent insurance agents may be facing today, they will always have a future, according to George Joseph, chairman and founder of Mercury Insurance, considered one of the most innovative underwriters in the country and the …
