Oklahoma Gov. Brad Henry is seeking federal disaster designation for Oklahoma farmers and ranchers hit hard by extreme weather conditions the past 10 months. Henry said he made the request in a letter to Agriculture Secretary Tom Vilsak. The governor …
Louisiana Gov. Bobby Jindal says post-storm damage payments from insurance settlements and Louisiana’s Road Home program following Hurricanes Katrina and Rita are contributing to a $1 billion Medicaid shortfall for his state. Jindall’s office says he is trying to work …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa” of the UK-based Allianz Insurance plc (AZI), both with stable outlooks. “Allianz Holdings plc, AZI’s immediate holding company in the UK, …
Authorities are investigating a spate of weekend arson fires in Buffalo, including five set in vacant homes. Six fires occurred early Sunday morning on the city’s east side, with the first reported around midnight in a home where four adults …
Where’s the beach? That’s the question some oceanfront homeowners are asking, bothered that the dunes are blocking their ocean views. A sandstorm is brewing in Atlantic City, where businesses and the City Council support lowering the dunes, although the sand …
The National Crop Insurance Services trade group says a record $8.6 billion in crop insurance indemnity payments has been made to U.S. farmers for crop losses in 2008, and a lot of that money went to farmers in the Midwest. …
Wells Fargo’s insurance operations recorded $595 million in noninterest income for the quarter ended June 30, 2009, compared to $550 million in noninterest income for the same period in 2008. For the six months ended June 30, 2009, the company …
Liberty Mutual Agency Markets’ Regional Companies Group has appointed three vice presidents to its commercial lines product management team. Aswin Krishnan will manage the workers’ compensation line of business. Most recently, he was vice president of commercial lines product development …
Illinois small business owners are being crushed by rising health care costs, and feel left out of the current health care debate in Washington, according to a report recently released by Illinois Public Interest Research Group in Evanston. The new …
Independent agent groups in New York State pleaded with regulators during a meeting yesterday to take a more “common sense” approach to proposed rules requiring agents to tell clients how they get paid. The meetings, which took place in Manhattan, …
