June 10, 2011
The family of a 4-year-old Massachusetts boy who died after falling from a mall escalator has filed a wrongful death lawsuit. Mark DiBona of Dudley died March 12 after falling from a second-floor escalator in a Sears store at the …
June 10, 2011
New York agents are cheering a new Senate bill that guarantees a role for producers in the state’s health insurance exchange. A bill introduced yesterday by Sens. James L. Seward (R-Milford) and Kemp Hannon (R-Garden City), is the first formal …
June 10, 2011
Don’t miss your chance to participate in the 2011 Top 100 Property/Casualty Independent Insurance Agencies report. The extended deadline is now Friday, June 17! Insurance Journal’s Top 100 identifies the nation’s leading privately-held property casualty independent agencies and brokerages in …
June 10, 2011
The Texas Windstorm Insurance Association (TWIA) announced it has purchased $636 million in reinsurance protection. The policy will cover losses that exceed the $1.6 billion in funds estimated to be available from the Association’s Catastrophe Reserve Trust Fund and bonds. …
June 10, 2011
State senators in Louisiana have subpoenaed Gov. Jindal’s administration, seeking a report about the governor’s efforts to hire a private company to run a state worker health insurance program. The Senate and Governmental Affairs Committee approved the issuance of the …
June 10, 2011
Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor revoked the resident insurance agent license of Jeffrey Hum, of Toledo, Ohio, for violations of Ohio insurance law. A department review revealed that the Illinois Secretary of State issued an …
June 10, 2011
Ohio farmer Jeff Hoak was excited and anxious at the same time. His wedding was coming up, and many of his corn fields had yet to be planted. The grain gods smiled on him. The weather broke and he finished …
June 10, 2011
A day after two unarmed Louisiana insurance fraud investigators were gunned down while looking into a case, the state insurance commissioner said that his department may have their agents carry weapons. Kim Sledge and Rhett Jeansonne had been on what …
June 10, 2011
St. Paul Fire & Marine Insurance has filed a lawsuit against the Denver Broncos and nine of its former players, saying its policies only covered claims in New Mexico for a “class of employee that did not include football players.” …
June 10, 2011
MarketScout, a Dallas-based electronic insurance exchange with managing general agent (MGA) and wholesale operations, appointed Jay Chase as executive vice president in addition to his current role as chief underwriting officer at MarketScout. Chase’s career spans more than 25 years …