March 10, 2009
The Texas Department of Insurance reported enforcement actions that became final in January 2009 include two license revocations, two license denials and fines and restitution totaling $36,250. An order imposing disciplinary measures becomes final 20 days after the agent or …
March 10, 2009
Pacific Specialty Property and Casualty Company, the Texas affiliate of California-based Pacific Specialty Insurance Company (PSIC) announced a new suite of preferred tier residential property insurance products in Texas. Effective March 1, Pacific Specialty began offering new discounts and more …
March 10, 2009
Kate Westover, vice president of Alternative Risk Financing at Innovative Captive Strategies, has received the 2009 Distinguished Service Award from the Captive Insurance Companies Association (CICA). Based in Colchester, Vermont, Westover has 20 years experience in the captive insurance industry …
March 10, 2009
Rep. Gene Taylor, D.-Miss., isn’t letting opposition by major insurance companies keep him from pushing his plan to make wind coverage for properties available through the federal flood insurance program. Taylor’s proposal — the Multiple Peril Insurance Act of 2009– …
March 10, 2009
New York-based The Navigators Group Inc. says it has opened a Philadelphia office of its principal underwriting agency subsidiary, Navigators Management Company Inc. The office will initially focus on Excess Casualty, Commercial Umbrella, Management Liability (D&O) and Professional Liability (E&O) …
March 10, 2009
Police in Barre, Vermont are trying to solve a string of 22 arson fires that go back to October, including three on Thursday. Police released a surveillance video of what appears to be a suspect setting a fire in a …
March 10, 2009
A fire has killed 10,000 turkeys inside a central Pennsylvania barn. John Zechman of the Beaver Springs Fire Company says the 300-foot-long barn was engulfed in flames when firefighters arrived overnight Friday. He says the fire is not considered suspicious. …
March 10, 2009
Survivors of a deadly nightclub fire and relatives of the 100 people killed are moving closer to sharing a $176 million court settlement. A federal magistrate judge on Friday approved a proposal for distributing the money among the more than …
March 10, 2009
The impact won’t be clear for a couple of days, but major flooding along two eastern Iowa rivers has local and county officials preparing for the worst. The major floods of last summer left a lasting impression on the eastern …
March 10, 2009
Once seen as a sinecure, the reward for a lifetime of achievement, the job of a board director has become decidedly less appealing. As the economic crisis deepens and investors suffer one blow after another, it is not just activists …