Nationwide Mutual Insurance Columbus, Ohio-based Nationwide Mutual Insurance Co. on April 3 laid off 480 employees and contractors across the country, a spokesman said. Nationwide has eliminated about 3,000 jobs nationally in the past two years. The company lost $342 …
The Workers’ Compensation Insurance Rating Bureau of California has published its summary of insurer experience reported up to Dec. 31, 2008. California written premium for 2008 is estimated at approximately $10.4 billion, about 20 percent below the written premium reported …
1,000 Emergency management officials in Polk County, Ark., said about 1,000 homes were damaged or destroyed during the tornadoes that ripped through the county on April 9. James Reeves, Polk County emergency management coordinator, said 200 homes were destroyed by …
More than 80 former insurance agents for bankrupt Brooke Corp. have sued the company’s lending arm, accusing it of civil racketeering and fraud. The lawsuit against Overland Park, Kan.-based Aleritas Capital Corp., filed in federal court in Kansas City, Kan., …
Who let the weather goblins out? Tornadoes, wildfires and floods, oh my! With all the weather related disasters out in full force this (and seemingly every) spring, there should be some kind of scary, Halloween-type holiday to acknowledge the violent …
A Devastating Experience “Losing everything is an unimaginable and devastating experience. … Oklahoma’s professional agents and adjusters are poised to respond.” —Oklahoma Insurance Commissioner Kim Holland has declared a state of emergency to allow insurance companies to more rapidly respond …
Ron Wright, chief operating officer of Texas Mutual Insurance Co. since 1997, is set to become president and CEO of the company effective Sept. 1, 2009. Wright will succeed Russell R. Oliver, who announced his retirement in February. Oliver has …
INSURICA North America Group, a privately held independent insurance agency headquartered in Oklahoma City, is bringing each of its insurance management partners together to form INSURICA, The Insurance Management Network. The company, which is celebrating its 50th anniversary, felt the …
Texas legislators on April 7 finally jumped into debate over how to improve the troubled windstorm insurance system that serves as a last resort for hurricane protection along much of the Gulf Coast. The House Insurance Committee, watched closely by …
As 2008 Hurricane Claims Enter Court and New Season Approaches, Katrina Issues Linger The 2008 hurricane season was the sixth most active tropical storm season recorded since data collection began in 1851. Six storms made U.S. landfall in 2008. They …
