July 27, 2011
For sale: House in sleepy-looking Chicago suburb steeped in mob history since the days of Al Capone where a mayor lived before moving into a federal prison for her role in a mob-related insurance scam. Lunch included. The Chicago Sun-Times …
July 27, 2011
Allstate Insurance agency owners across Texas are planning to hire at least 350 licensed sales professionals by the end of the year, the company announced. Allstate is encouraging its 1,000 plus agency owners to continue to build their agencies by …
July 27, 2011
Eddie Williams joined S.H. Smith & Company, in Hartford, Ct., as executive vice president in the commercial property, casualty and environmental department. Williams will head the brokerage division, which is responsible for individual risk property, casualty and environmental business. Before …
July 27, 2011
The city of Meridian has appealed a district court ruling that rejected its claims against a contractor hired to build a new $21 million city hall. In a statement Monday, the city said an appeal had been filed with the …
July 27, 2011
Two students interested in insurance-related studies have been selected for industry-backed scholarships in Louisiana. Ian Williams of Jennings, La., and Lynden Lyles of Monroe, La., have been named as recipients of the 2011 Stephen W. Cavanaugh Scholarship. Each recipient will …
July 27, 2011
In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed suit. Indeed, it …
July 27, 2011
Former Lehman Brothers Holdings Inc. executives, directors, auditors and underwriters on Wednesday lost their bid to dismiss an investor lawsuit seeking to hold them responsible for losses tied to the investment bank’s collapse. In a 106-page ruling, U.S. District Judge …
July 27, 2011
Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s coffee shop in London; underwriter of exotic risks including …
July 27, 2011
Carol Connors of Ck Specialty Insurance Associates based in San Jose, Calif., was installed as chairman of Western Insurance Agents Association for the 2011-2013 during the association’s annual business meeting held last month. Ms. Connors said she is looking forward …
July 27, 2011
Tens of thousands of businesses in Connecticut are receiving bills from the state to pay $30 million in interest this year for state borrowing from the federal government for unemployment insurance benefits. About 73,000 employers have been assessed $1.70 per …