Tropical Storm Adrian strengthened to a hurricane off Mexico’s Pacific coast, becoming the first hurricane of the 2011 Pacific season, the U.S. National Hurricane Center said. Mexico’s government issued a storm watch for the coastal resort of Acapulco and westward …
Taiwan’s financial regulator gave conditional approval on Thursday to AIG’s $2.2 billion sale of its Nan Shan Life insurance unit, bringing closer to an end an almost two year long sale saga. The U.S. insurer, looking to pay back the …
Clearwater, FL, 6/9/11 – Atlantic Specialty Lines, Inc. Shane joins ASL of FL handling placement of all lines of commercial coverage for the Surplus Lines market. He has a concentrated expertise in construction related risks as well as hospitality, environmental, …
New U.S. Department of Labor data shows California’s State Average Weekly Wage (SAWW) rose more than 2.4% from $979.90 to $1003.55 in the 12 months ending March 31, 2011, which the California Workers’ Compensation Institute (CWCI) reports will push up …
The Riverside County, Calif., Board of Supervisors has voted 4 – 0 to charge at-fault drivers in auto accidents a fee for emergency response services. The ordinance backed by the Riverside County Fire Department and Office of Emergency Services, and …
HomeWise Insurance Co. and First Home Insurance Co. have completed their previously-announced merger. The two Florida domiciled companies, with $25 million of surplus, are combined under the HomeWise Insurance Co. name. Rating firm Demotech Inc. has issued a Financial Stability …
A newspaper’s ongoing investigation has found an expert report, commissioned by the state of Illinois, showed that locking and unlocking prison cells didn’t cause repetitive trauma injuries in guards. The Belleville News-Democrat reported that the state continued to grant workers’ …
The Ohio Department of Insurance Fraud, Enforcement and License Division, with help from Ohio Attorney General Mike DeWine’s office, has identified nearly 2,230 agents and agencies that owe the state of Ohio $21.7 million in personal income taxes, sales taxes, …
New Jersey-based Crum & Forster has made a management switch in its specialty lines in connection with the recent acquisitions of First Mercury Financial Corp., Valiant Insurance and American Management Corp. Richard H. Smith, chairman and CEO of First Mercury, …
Foundation Financial Group announced it is adding new jobs to the Dallas-Fort Worth area. The group is opening a new location at 1903 Central Drive in Bedford, Texas, between Fort Worth and Dallas. The company specializes in mortgage lending, property …
