A committee of the Louisiana Citizens Property Insurance Corp. board has recommended a compensation package of $264,000 annually for the insurer’s next chief executive. The full board of the property insurer of last resort will consider hiring Richard Robertson, an …
Kansas Insurance Commissioner Sandy Praeger has spent four times as much money as her only rival in her campaign for a third term. Praeger, of Lawrence, faces El Dorado insurance agent David Powell in the Aug. 3 Republican primary. No …
Texas-based Higginbotham & Associates has appointed Dick Lepanen executive vice president in its Austin office. Lepanen brings more than 24 years’ experience in operations management and new business development with the last 17 years in the employee benefits marketplace. He …
A Japanese oil tanker damaged by a freak wave in the Strait of Hormuz, one of the world’s most important shipping lanes, was making its way to a port in the United Arab Emirates on Wednesday. The ship’s owners reported …
David Froscheiser has joined the Kansas City, Mo., office of privately held insurance broker Lockton as an executive benefits producer with Lockton Financial Advisors LLC. Froscheiser will provide expertise to Lockton’s corporate clients and their executive groups with advice on …
Michigan-based Fremont Insurance Co. has appointed Ashley Whitney of Harbor/Brenn Agencies in Petoskey, Mich., to the company’s Agent’s Advisory Council. Whitney has also been asked to serve on the recently formed Technology Committee. Fremont’s Agent’s Advisory Council is made up …
Former Oklahoma Insurance Commissioner John P. Crawford and insurance executive John Doak are headed for an Aug. 24 runoff election for the spot on the GOP ticket for state insurance commissioner. The winner of the runoff election will face incumbent …
A rare tornado tore through a farmhouse and killed two people inside, leaving nothing but the house’s foundation and a few twisted vehicles as it swept through Montana’s remote and sparsely populated northeastern corner. A teenage boy and a man …
If insurance actuaries had their way, rates for homeowners insured through Florida’s public insurer Citizens Property Insurance would be going up 55.9 percent on average. But state law caps how much Citizens can raise individual policyholders’ rates in any one …
The owner of a Woodside, New York insurance brokerage has been arrested for allegedly stealing $22,300 in commissions from an insurance agency that fired her. New York fraud investigators said Gohar Parunakyan, 40, of Fresh Meadows, typed her name on …
