November 24, 2010
Washington’s Department of Labor and Industries has appointed Beth Dupre assistant director for insurance services. She will oversee approximately 1,000 employees involved with L&I’s State Fund workers’ compensation functions including claims administration, employer services (policy and account management), health services …
November 23, 2010
Beginning Jan. 1, 2011, the Ohio Department of Insurance will require fees for rate, rule and form filings be filed via the System for Electronic Rate and Form Filings (SERFF) Electronic Funds Transfer (EFT), Ohio Department of Insurance Director Mary …
November 23, 2010
The U.S. Attorney’s Office announced the indictments of six controlling officials of National Prearranged Services Inc., in a 50-count indictment charging wire, bank, mail, and insurance fraud; money laundering; and multiple conspiracy charges involving the sale of pre-paid funeral services. …
November 23, 2010
The U.S. Bureau of Labor Statistics reports South Dakota’s preliminary seasonally adjusted unemployment rate for October 2010 was 4.5 percent, a slight increase from the September 2010 rate of 4.4 percent. “The South Dakota unemployment rate has shown little fluctuation …
November 23, 2010
Chicago-based Hub International Ltd., an insurance brokerage firm, announced that it has signed a definitive agreement to acquire the assets of Byars Thompson Buchanan Insurance & Financial Services LLC, a Santa Maria, Calif.-based insurance brokerage firm. Terms of the acquisition …
November 23, 2010
New York-based insurance broker USI Holdings has acquired the New Jersey operation of Kinloch Holdings Inc. The unit, based in West Orange, New Jersey, specializes in commercial property casualty and employee benefits insurance for middle-market businesses and is expected to …
November 23, 2010
The Florida Retail Federation Self Insurers Fund reported that a majority of its members has voted in favor of converting to RetailFirst Insurance Co., a stock insurance company within a mutual holding company system. The Florida Office of Insurance Regulation …
November 23, 2010
Governor-elect Matt Mead announced he will appoint Greg Phillips as the state’s attorney general. Phillips has worked as an assistant U.S. attorney in Cheyenne for the past eight years. Phillips and Mead have been friends since attending the University of …
November 23, 2010
Americans’ spending hits a fever pitch during the holidays and two days in particular – “Black Friday” and “Cyber Monday” – leave retailers and consumers vulnerable to different exposures. The day after Thanksgiving — also known as Black Friday — …
November 23, 2010
Shareholders of NYMAGIC approved its acquisition by ProSight Specialty Insurance Holdings Inc. at a special meeting yesterday, clearing the way for the insurance holding firm to become part of ProSight. The merger valued at around $230 million, is expected to …