May 19, 2010
An insurance industry group reports car thefts were down last year in 15 of Ohio’s 16 largest metro areas. The only exception was the Marietta area in southeast Ohio. The Ohio Insurance Institute (OII) says a report from the National …
May 19, 2010
The Woodlands, Texas-based The Woodlands Financial Group Inc. (TWFG) has acquired the Vela Insurance Agency Inc., located in Pearland, Texas. Jerri Vela, former owner of Vela Insurance Agency, expressed joy and excitement when she announced the sale of her agency …
May 19, 2010
Upstate New York insurer Kingstone Cos. Inc., posted a $259,000 profit in the first quarter of 2010 — a positive change from the $171,000 loss it saw in the year-ago period. The insurer — which was launched last year through …
May 19, 2010
Florida Insurance Commissioner Kevin McCarty has ordered 16 workers compensation insurance companies to return more than $9.4 million in excessive profits to their policyholders. Under state law, workers compensation insurers are required to return excess profits. The law says “an …
May 19, 2010
With weather forecasters calling for a worse-than-average 2010 Atlantic basin hurricane season, the Institute for Business & Home Safety (IBHS) is advising property owners on the most effective ways to protect their homes and businesses from hurricane damage. IBHS is …
May 19, 2010
The Vatican on Monday was to make its most detailed argument yet for why it is not liable for bishops who allowed priests to molest children in the U.S., in a motion that could affect other efforts to sue the …
May 19, 2010
The Dubuisson home will resemble others in the traditional Pass Christian neighborhood when construction is complete this summer yet underneath will be a superstructure built to withstand 200 mile-per-hour winds and cut wind insurance premiums to $1,000 a year. The …
May 19, 2010
President Barack Obama said Tuesday he was disappointed that a measure to lift limits on oil firm liability for spills had stalled in the U.S. Senate, and blasted Republicans he said had stopped it. “I am disappointed that an effort …
May 19, 2010
UK-based Miller Insurance Services, an independent insurance and reinsurance broker, announced that Paul Loring and Clare Brooking, both facultative reinsurance specialists, have joined its team in London. They both specialize in the placement of facultative reinsurance, said the bulletin, particularly …
May 19, 2010
European aviation authorities urgently need to revise their airspace rules to minimize disruption from ash emitted by an Icelandic volcano, the airline industry body IATA said on Tuesday. The International Air Transport Association said the current system was leading to …