United States Attorney Donald J. Cazayoux, Jr. announced that a former Louisiana deputy insurance commissioner has been convicted on racketeering charges. Richard L. Chambers, Sr., age 67, of LaPlace, La., pled guilty to charges brought under the Operation Blighted Officials …
General Motors is joining the sharing economy. General Motors announced that its OnStar subscribers can now rent out their idle vehicles through the RelayRides car sharing service, leveraging OnStar connectivity already active in their vehicles to potentially earn money to …
Benefits-only agency, Digital Insurance, announced it has acquired Strategic Employee Benefits Services (SEBS) of the Midwest. The firm now operates under the banner of Digital Benefit Advisors (DBA), a division of Digital Insurance. Dean Haage, principal, and key staff members …
The Hartford said that it expects to report current accident year catastrophe losses of $280 million to $300 million before tax in the second quarter of 2012, as compared to $447 million before tax in the second quarter of 2011. …
A published report says Kentucky’s state investigators found few problems at a Harlan County mine where federal investigators found enough violations during a surprise safety blitz in May to shut the facility down for nine days. The Courier-Journal reported that …
Florida-based national insurance agency Brown & Brown Inc. reported total revenue for the second quarter was $290,916,000, an increase of 17.9 percent compared to 2011 second-quarter revenue of $246,816,000, Net income for the second quarter of 2012 was up 11.5 …
Claims involving allegations of alcohol intoxication require careful analysis when determining what policy or policies may apply. Two common theories centered on alcohol-related allegations that come into play include premises liability and dram shop liability, according to John P. Cunningham …
Jeff Kohlmann appointed as the insurance program manager of the Wisconsin Injured Patients and Families Compensation Fund (Fund). Kohlmann has been with the Office of the Commissioner of Insurance (OCI) since 1983. He worked as an insurance financial examiner in …
A report from catastrophe modeling firm AIR Worldwide, analyzes the damages resulting from the heavy rains that have caused widespread flooding and mudslides from July 11 to July 16 on the Southern Japanese Island of Kyushu. AIR explained that a …
Boston-based catastrophe risk modeling firm AIR Worldwide announced that it has released a cyclone model for India. “The new peer-reviewed model, which was developed out of AIR’s Hyderabad office, captures the effects of wind and precipitation-induced flooding on insured properties …
