May 20, 2010
Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall Independent Agencies, Top Commercial Lines Independent Agencies, Top Personal Lines Independent Agencies, and …
May 20, 2010
America First Insurance, a Liberty Mutual Agency Markets regional company, has added key agent support positions in Louisiana and Oklahoma. Donnie Brackins has been appointed Commercial Lines Underwriting manager for Louisiana, and will be based in America First Insurance’s branch …
May 20, 2010
The Oklahoma House has approved legislation to allow state agencies to buy workers’ compensation insurance from private insurers instead of the state provider. The House voted 54-43 for the measure and sent to the Senate for a vote. But an …
May 20, 2010
A Springdale, Ark., insurance agent has won the Republican nomination in Arkansas for lieutenant governor. Mark Darr will face state Sen. Shane Broadway in the fall to take over the No. 2 spot vacated by Bill Halter, who’s challenging U.S. …
May 20, 2010
Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker Marsh. The financial crisis has brought risk management …
May 20, 2010
As more states are allowing souped-up golf carts and other low-speed vehicles on public roads, safety researchers for the insurance industry say they should apply the brakes to this trend even though the carts may be eco-friendly. Crash tests by …
May 20, 2010
Toronto-based Fairfax Financial Holdings Limited and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for the acquisition by Fairfax of Zenith pursuant to the previously announced merger agreement [See IJ web …
May 20, 2010
Deputy Commissioner Mike Bertrand will be appointed insurance commissioner in Vermont, after Paulette Thabault resigned from that position earlier this week. Gov. Jim Douglas said Thabault will take a position with CVS Caremark MinuteClinic. Bertrand, who currently serves as deputy …
May 20, 2010
The Florida Hurricane Catastrophe Fund is as healthy as ever heading into the 2010 storm season. An advisory council to the fund reported Tuesday that it has enough cash and bonding ability to pay off more than $25 billion in …
May 20, 2010
Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about the problem. “Very important: DO …