June 25, 2009
Two licensed insurance brokers with offices in the Brownsville, Texas, area have been charged with conspiracy, mail fraud and wire fraud in a multi-million dollar scheme, according to U.S. Attorney Tim Johnson. The U.S. Attorney’s Office for the Southern District …
June 25, 2009
California Insurance Commissioner Steve Poizner has issued proposed regulations for Pay-Drive (Usage Based Auto Insurance), and is accepting public comments on the proposal until 5 p.m., Thursday, July 9, 2009. According to the Commissioner, “Insurers frequently rely on consumers to …
June 25, 2009
Theodore R. (Ted) Magley, a nearly 45-year employee of Ohio-based State Auto Insurance Companies and former chairman of the board, died at home on June 22, after a brief battle with cancer. He was 81. In 1949, shortly after receiving …
June 25, 2009
Colemont Insurance Brokers has named John Cleary as vice president and casualty broker. Cleary will be physically located in New Jersey, but he will be working as part of the Hartford, Connecticut office. He brings over 25 years of experience …
June 25, 2009
The Hanover Insurance Group has named John Casper regional president of its emerging western region. Based in Denver, Casper will lead the company’s efforts to expand its footprint in the western part of the country. “We have established strong momentum …
June 25, 2009
The former owner of a Connecticut trucking company has been sentenced to six years in jail on manslaughter and insurance fraud charges for his role in a fiery truck crash at a major suburban intersection that left four people dead, …
June 25, 2009
Zion, Ill., resident Reuben Collier Jr. has pleaded guilty to four Class 3 felony charges in Lake County Court, the Illinois Department of Insurance announced. Collier, an insurance agent licensed by the Department, operated Collier Insurance Agency based in Waukegan, …
June 25, 2009
The parent company of retailers T.J. Maxx and Marshall’s will pay $9.75 million in a settlement with multiple states related to a massive data theft that exposed tens of millions of payment card numbers. Framingham, Mass.-based TJX Cos. said Tuesday …
June 25, 2009
Mountain View, Calif.-based Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker based in Mountain View, Calif., has acquired Truckee, California Insurance Agency. Terms of the transaction were not disclosed. John Miller, CEO of Lawson-Hawks Insurance Associates, said of the …
June 25, 2009
West Virginia’s BrickStreet Mutual Insurance Co. said it received word this week that it has been approved to write workers’ compensation insurance in Kentucky. The expansion into Kentucky begins a “new phase of open market competition” for the former state …