Relatives of three miners killed in West Virginia’s Upper Big Branch disaster are in Washington, D.C., to press for the passage of long-stalled mine safety legislation by July 4. Gary Quarles lost son Gary Wayne in the 2010 explosion that …
El Dorado Chemical says it will soon resume operations after last month’s explosion at its plant in south Arkansas. No one was hurt in the May 15 blast at the plant, which produces chemicals for farming and industrial uses. The …
Arthur J. Gallagher & Co. has acquired Broker Benefit Services L.L.C. in Chesterfield, Mo. Terms of the transaction were not disclosed. Founded in 2001, Broker Benefit Services offers employee benefit brokerage and consulting services for clients throughout the Midwest. The …
Markel American Insurance Co. has expanded its recreational vehicle coverage into New Jersey. For over 35 years, Markel American Insurance Co. has insured factory-made and custom-built motorcycles and trikes. New Jersey becomes the 48th state where cyclists have the opportunity …
A federal judge has sentenced a former employee of Teche Federal Bank in New Iberia to 27 months in prison for embezzling over $387,000 between June 2008 and January 2011. On Wednesday, U.S. District Judge Rebecca Doherty also ordered Brandy …
Montana’s insurance commissioner has placed Great Falls-based Westland Farm Mutual Insurance Co. under her office’s supervision, citing the company’s diminishing cash reserves. Commissioner of Securities and Insurance Monica Lindeen says Westland will cancel all of its homeowner’s insurance policies by …
American International Group Inc. will pay California $15.6 million in penalties to settle allegations that its insurance companies underreported workers’ compensation premiums over several decades. The sum is part of a $146.5 million settlement AIG reached with insurance regulators across …
Here is another sign that American International Group executives may be feeling bullish about the company’s future prospects — CEO Robert Benmosche said this week that Chartis may readopt the AIG brand name in coming years, as the bailed-out insurer …
Habitat for Humanity is planning to build nine houses in Madison for southern Indiana residents displaced by tornadoes. Madison’s local planning commission recommended that the city council rezone 1.25 acres of former city property where Habitat intends to construct the …
The American Association of Insurance Services (AAIS) has developed and filed a comprehensive revision to its mobile-homeowners program. AAIS is a national insurance advisory organization that develops policy forms and rating information used by more than 700 property/casualty insurers throughout …
