Hurricane forecasters at Colorado State University have lowered their prediction for the number of hurricanes they expect to hit the Atlantic Basin in 2009 to five, down from an April forecast of six hurricanes. According to researchers Philip J. Klotzbach …
The Higher Learning Commission (HLC) of the North Central Association of Colleges and Schools has approved a Master of Business Administration (MBA) in Insurance degree program at Olivet College in Olivet, Mich. The HLC extended the college’s accreditation to include …
Republican leaders in the Texas Legislature have promised that insurance regulation, roadbuilding and other government functions will continue in Texas despite lawmakers’ failure to pass a measure preserving the agencies that deliver those services. Gov. Rick Perry would not rule …
The Louisiana House of Representatives has approved a measure that would allow adult motorcyclists to ride without helmets, so long as they have health insurance and $100,000 in liability insurance coverage. The House voted 64-33 to repeal Louisiana’s current requirement …
Texas-based wholesale insurance broker Towerstone announced two additions to its staff in Dallas. Brent Wright joined Towerstone as a senior broker/underwriter. Wright has been involved in the insurance arena since 1999. He earned a Bachelor’s Degree in Insurance, Risk Management …
Standard & Poor’s Rating Services said today that it affirmed its ‘A-‘ counterparty credit and financial strength ratings on Netherlands-based commercial lines insurer Fortis Corporate Insurance N.V. (FCI), but has maintained its negative outlook. S&P’s action follows the announcement that …
Dallas-based Apex Global Partners Inc. has appointed Joe Bittner as managing director of the company’s Employee Benefits Division in Austin, Texas. Bittner is experienced in implementing and servicing corporate benefit plans, the company said. He previously led two benefit brokerage …
A former Wisconsin insurance executive and a business associate have been indicted on charges of carrying out what prosecutors called a years-long scam to defraud a major insurer of more than $800,000. An indictment returned in U.S. District Court in …
The Central Oklahoma Chapter of CPCU Society has installed new officers for the 2009-2010 Chapter year. Leading the group will be: President David Alston, senior commercial underwriter, Mercury Insurance Group; Vice President Tammy Armer, Property and Casualty/Farm underwriter, Westphalen Insurance; …
For the first time, an Illinois business has been closed down for failure to obtain workers¹ compensation insurance. The Illinois Workers’ Compensation Commission and the City of Evanston shut down All Good Dogs Pet Care, also known as The Hungry …
