Longtime insurance marketing strategist, Nanci Evarts, passed away on Friday, Sept. 24, after a brief but courageous battle with cancer. Founder and President of Marketing Strategies Group, a California-based marketing consultancy, Evarts was known throughout the insurance industry for her …
Lightyear Delos Acquisition Corp. (LYDAC) and Southwest Insurance Partners Inc. (SWIP) announced they are merging in a transaction that is expected to close in the fourth quarter of this year. The merged entity will be led by Stephen L. Way. …
Ohio Attorney General Richard Cordray has settled an antitrust lawsuit against Marsh & McLennan Cos. for $4.75 million. Public entities throughout the state — including universities, schools, cities and counties — will receive reimbursements from the settlement. The lawsuit was …
A former insurance agent in Illinois has pleaded guilty to charges of theft of more than $375,000 in insurance premiums, state Attorney General Lisa Madigan has announced. Larry Chouinard, 56, entered guilty pleas in Kankakee County Circuit Court on two …
The Texas Department of Insurance, Division of Workers’ Compensation has set the interest or discount rate provided for in the Texas Workers’ Compensation Act at 3.75 percent for the period of Oct. 1 through Dec. 31, 2010. This rate is …
American International Group Inc.’s board will meet later Wednesday to discuss a plan that would allow the U.S. Treasury to exit its investment in the bailed-out insurer, AIG Chairman Steve Miller said. Miller said that AIG was nearing a conclusion …
Firefighters in 11 Texas cities will be installing smoke alarms into the homes of low income and elderly residents thanks to this year’s We’re Out to Alarm Texas smoke alarm campaign. The program now in its sixth year has saved …
Liberty Mutual said it is postponing plans for an initial public offering (IPO) of stock for its agency division, Liberty Mutual Agency Corp. The move comes just weeks after the Boston-based insurer filed paperwork for the IPO, which it expected …
“Risk management is now on the agenda for top management, the board and shareholders, which clearly support and sponsor the function,” states a bulletin from Federation of European Risk Management Associations (FERMA), released at its 2010 Risk Seminar, which opened …
Wholesale Trading Co-Op LLC has announced that John Jennings has joined the firm as president and CEO. He is an experienced wholesale brokerage industry veteran and will lead the WTC founding team managing retail broker members and key specialty insurance …
