The Obama administration has named Illinois state insurance regulator Michael McRaith to head the new Federal Insurance Office. McRaith, currently the head of the Illinois Department of Insurance, will run the Federal Insurance Office set up under 2010’s Dodd-Frank Wall …
MetLife Auto & Home has will roll out its personal lines “combo” policy into 28 new states over the course of 2011. The policy combines multiple insurance products into one package with one bill and one renewal date. The new …
General Star Management Co. has appointed Marsh U.S. Consumer, a service of Seabury & Smith, Inc., as the exclusive program administrator for its Real Estate Agents & Brokers, and Real Estate Appraisers programs. Marsh U.S. Consumer will assume program administrator …
A former Hicksville, Ohio, insurance agent has been sentenced to three years’ probation for his role in an auto insurance fraud scheme, state insurance regulators announced. Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor said Greg Newton was …
Assured Agencies of Lake Mary, Fla., has announced that Eric Anderson joined the company as senior vice president. He will oversee acquisitions and operations in the Pacific Northwest, Kentucky and Indiana. Anderson has more than 20 years of experience in …
The Main Street America Group promoted four new executives and four other officers as part of its expanded management team. Mike Lancashire will serve as senior vice president in charge of claims and integrated customer solutions, Tom Frazier as vice …
Injured Oklahomans would receive no more than $350,000 for so-called pain and suffering under legislation passed by the Oklahoma House. House members approved the cap on non-economic damages by a vote of 57-40 on Mar. 16. The bill doesn’t affect …
U.S. Senators Dianne Feinstein and Barbara Boxer, both D-Calif., have introduced legislation to lower the cost of earthquake insurance for Californians and individuals who purchase coverage from a non-profit, state-run earthquake-insurance program. The Earthquake Insurance Affordability Act allows nonprofit insurance …
Cedar Rapids, Iowa-based United Fire & Casualty Co. said it has the necessary approvals from state regulators and company shareholders to complete its acquisition of Mercer Insurance Group Inc. United Fire announced in November plans to buy Pennington, N.J.-based Mercer …
Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2011 Agency Salary Survey results will be …
