March 26, 2009
Motorists Mutual Insurance Company (Motorists) of Columbus, Ohio, reported it has been approved for membership at Federal Home Loan Bank of Cincinnati (FHLBank). With $1.2 billion in assets and rated A (Excellent) by A.M. Best, Motorists is the 21st insurance …
March 26, 2009
Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) in February 2009 include administrative penalties totaling $152,500. Disciplinary orders are subject to appeal to state district court within 30 days after being issued. Texas …
March 26, 2009
The Hawaii Insurance Division is re-issuing license certificates to resident and nonresident insurance producers who sell personal lines insurance. The Homeowners-Personal Lines (HO-PL) and Vehicle-Personal Lines (VE-PL) insurance classes have been combined as Personal Lines (PL-ALL) to conform with the …
March 26, 2009
Dallas-based insurance and risk management firm McQueary Henry Bowles Troy L.L.P. (MHBT), announced that Trey Halbert, a senior vice president with the employee benefits group in MHBT’s Austin office, was named winner of the 2009 Austin Under Forty (Au40) Awards …
March 26, 2009
President Barack Obama has declared North Dakota a federal disaster area because of statewide flooding. North Dakota Gov. John Hoeven says the move means the federal government will pay 75 percent of state and local government costs for the flood …
March 26, 2009
The Connecticut House of Representatives is not ready to vote on a bill that would stop companies that received federal assistance, such as American International Group Inc., from awarding bonuses under a state law. Douglas Whiting, a spokesman for Democratic …
March 26, 2009
Ohio-based Central Insurance Companies has named Tim Rauch as regional vice president for its Southwest Regional Office in Dallas. He is responsible for all underwriting, marketing and claims functions serving independent agents in Texas, Arizona, New Mexico, Oklahoma and Colorado. …
March 26, 2009
An Ohio man is suing Continental Airlines Inc. for raising the number of miles needed to earn a free trip and then charging him $75 to book the flight. David Simon’s lawyer asked a federal court to approve class-action status …
March 26, 2009
The Hanover Insurance Group Inc. introduced a new insurance program that offers specialty coverages for wholesale distributors and manufacturers. The new program, Wholesale Advantage, offers coverage for a broad range of companies within the wholesale industry, focusing on distributors of …
March 26, 2009
Pawtucket Rhode Island-based Narragansett Bay Insurance Co. appointed Richard “Rick” Grisolia as chief marketing officer. Grisolia, who will assume responsibility for the company’s sales and marketing on April 6, has over 25 years of marketing, sales and underwriting experience in …