January 6, 2010
Democrats in the U.S. Congress are preparing to merge the two health care bills passed in 2009 by the Senate and House of Representatives into a single bill. This compromise bill would have to be passed by both chambers of …
January 6, 2010
Florida-based Brown & Brown Inc. announced that through a subsidiary it has acquired the assets of Alamo Insurance Group Inc., of San Antonio, Texas. Alamo Insurance Group, with annual revenues of approximately $4.3 million, has provided property and casualty insurance, …
January 6, 2010
House Speaker Nancy Pelosi said Tuesday she was sure Democrats in the House of Representatives and Senate would produce a final health care reform plan that would hold insurers accountable and make medical coverage affordable. She did not promise the …
January 6, 2010
The Trustee for the WCI Chinese Drywall Trust has filed suit against 14 insurance companies in U.S. District Court, Eastern District of Louisiana, seeking indemnification for losses arising from claims for the development and sale of homes allegedly containing defective …
January 6, 2010
Virginia-based TowneBank has acquired Taylor Johnson Insurance Group, which will become part of the bank’s affiliate, Towne Insurance Agency. Taylor Johnson Group, headquartered in Virginia Beach, Virginia, employs 36 insurance, employee benefits, and risk management professionals. It is the sixth …
January 6, 2010
Property owners in three southwestern Illinois counties who worry they’ll have to get sharply higher flood insurance once new Mississippi River flood maps are drawn are getting a bit of a reprieve. Sen. Richard Durbin of Illinois says the Federal …
January 6, 2010
Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and Texas. Richardson will manage the SAMMI underwriting teams based in Austin, Texas, …
January 6, 2010
Lexington Insurance Co., a Chartis company, introduced CarbonCover Registry, a professional liability coverage for carbon registries. CarbonCover Registry is the first offering in Lexington’s new CarbonCover suite of products designed for companies operating in the developing climate change and greenhouse …
January 6, 2010
Illinois Governor Pat Quinn has signed a bill into law that ensures that all denied health insurance claims can be reviewed and decided upon by a qualified, independent doctor. The law goes into effect July 1. Under current state law, …
January 6, 2010
National Specialty Underwriters Inc. (NSU) has hired Kim Gooch as healthcare sales executive in its Chicago, Ill., branch office. Gooch has more than 16 years of experience in healthcare underwriting and production. She will be focused on Healthcare facility-based business …