Two disbarred lawyers convicted of scamming their former clients in a diet drug case out of millions of dollars must forfeit $30 million, a federal jury ruled Tuesday. Former attorneys William Gallion and Shirley Cunningham also must turn over an …
Guy Carpenter & Co. LLC completed the previously announced acquisition of John B. Collins Associates Inc. The acquisition of Collins, the fifth largest reinsurance intermediary in the United States and seventh largest in the world, strengthens Guy Carpenter’s capabilities in …
Liberty International Underwriters (LIU), a division of Liberty Mutual Group, has partnered with Five Star Specialty Programs (Five Star), a division of Crump Insurance Services Inc., to create a new insurance program for small to midsize nonprofit organizations. The Five …
The Gibraltar Group, a full-service insurance and risk management firm headquartered in Lubbock, Texas, announced that the company has been selected to become a part of Sitkins International, an organization whose membership includes independent insurance agencies and brokerages in the …
Texas legislators finally have 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 coastal residents …
Louisiana officials say they will let applicants for a federal home-elevation grant program collect as much as $100,000 for raising their houses above base flood levels, rather than the $30,000 cap the state originally imposed. Paul Rainwater, executive director of …
Arkansas Governor Mike Beebe has signed legislation that bans local governments from billing motorists for accident response services performed by police departments, according to the Property Casualty Insurers Association of America (PCI). HB 1895, sponsored by Rep. Allen Kerr (R-Little …
New York-based Delos Insurance Group has named Alex A. Hammett senior vice president and chief actuary. In his new role, Hammett will oversee all actuarial functions within Delos, which specializes in program business insurance. Hammett has over 15 years of …
A proposal to prohibit texting while driving has advanced out of the House Transportation Committee despite the vocal objections of some members of the panel. Pegram Republican Rep. Phillip Johnson noted that drivers can already be pulled over for text …
For Ethan St. Pierre, allowing someone who is biologically female but self-identifies as male to use the men’s bathroom is a no-brainer. “Look at me,” said St. Pierre, who was born a woman but is now a transgender man with …
