The Oklahoma Highway Patrol could be using the state’s electronic insurance verification system in time for the Memorial Day weekend travel rush. The system will be able to instantly verify whether a driver is insured, but only on personal Oklahoma …
The state of Ohio has joined Michigan in its objection to the pending sale of Chrysler LLC because of workers’ compensation issues. Ohio Attorney General Richard Cordray said his office filed a limited objection to the pending Chrysler sale in …
Connecticut-based insurance consulting firm Conning & Co. has named Stephen W. Keep as director. An experienced marketing executive in U.S. insurance asset management, he will be based in Hartford. Keep will be responsible for marketing Conning’s investment services and products …
North Dakota Insurance Commissioner Adam Hamm has revoked the license of Rex Graves, a Jamestown insurance agent who the insurance department says engaged in deceitful and dishonest practices involving his insurance clients. The revocation bars him from selling, soliciting or …
The PIA (Professional Insurance Agents) of Texas honored the Empower Insurance Group with its “Company of the Year” award during their annual convention in Grapevine, Texas, on May 16. This is the second year in a row that Empower has …
Allstate Corp., the largest publicly-traded U.S. home and auto insurer, said it will not take funds from the government’s Troubled Asset Relief Program, after winning eligibility last week to do so. Chief Executive Thomas Wilson said on Tuesday the Northbrook, …
A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, the UK-based Travelers Casualty …
The Supreme Court said Monday it would decide a constitutional challenge to the 2002 law that created a national board to oversee U.S. public company auditors. The justices agreed to review a ruling by a U.S. appeals court that upheld …
Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will begin writing direct in Massachusetts as early as the …
Arthur J. Gallagher & Co. has acquired Nourse Insurance Brokers Inc. in Walnut Creek, Calif. Terms of the transaction were not disclosed. Founded in 1935, Nourse Insurance Brokers Inc. is a retail insurance broker offering personal and commercial property/casualty insurance …
