The number of home burglary claims for Allstate Insurance customers in Texas jumped 9 percent last year. With many Texans taking trips this summer, the insurer is encouraging people to keep their homes locked-up and their vacation plans under wraps. …
Columbus, Ohio-based State Auto Financial Corp. announced preliminary estimates of losses due to second quarter 2010 catastrophe storm activity. The company expects second quarter 2010 results will include between $55 and $60 million in pre-tax catastrophe losses. STFC has averaged …
Corporate risk and finance managers, faced with the lingering effects of a global financial crisis, dramatically downsized staffs and reduced budgets are becoming increasingly concerned about managing those expenditures as part of their total cost of risk, according to a …
Efforts to clinch a deal on the way banks, insurers and markets in the European Union are supervised failed on Wednesday and talks will resume in late August or early September. The talks on creating pan-European authorities to prevent any …
Joseph Peloso, Jr. has joined national program and specialty reinsurance intermediary GJS Re in Chicago as assistant vice president. He is responsible for producing and placing specialty reinsurance products as well as structuring insurance programs on behalf of program administrators …
Texas-based RSI International Inc. has acquired Insurance Network Corp., a managing general agency based in Dallas, Texas. Established in 1996, Insurance Network Corp. specializes in securing property/casualty coverage for Texas-based retail agents. Jim Chippendale and his staff will join RSI …
When complete, the Great American Tower in Cincinnati, Ohio, will be the city’s tallest building, and one crowned with a tiara. City leaders celebrated Tuesday as the final piece was placed into the “grand tiara” on top of the building …
Willis, the global insurance broker, has named Frank E. McKain managing partner of its Columbus, Ohio office, effective July 14. He succeeds Kim Sparks, who as interim managing partner successfully navigated the operation through a merger and leadership change. Sparks …
Allied Insurance, based in Des Moines, Iowa, announced new changes to its commercial quoting process that it says will allow independent agents to write business insurance quicker and easier. Among the new features: 25 percent – 45 percent of previously …
A jury has awarded $380,557 to a Vermont turkey hunter hit by 52 shotgun pellets fired by another hunter. The Windsor County Superior Court jury returned the award last week against Ralph Townsend of Hartland for the May 2008 incident …
