October 2, 2012
Among the top recommendations by a consulting firm hired by Texas insurance regulators to investigate and report on ways to restructure the state’s property insurer of last resort in coastal areas is to reduce the commission percentages for insurance agents …
October 2, 2012
Chicago-based Ryan Specialty Group L.L.C. announced Monday that its wholesale arm R-T Specialty L.L.C. has acquired assets and operations of Atlantic Star Intermediaries L.L.C. Terms of the transaction were not disclosed. Atlantic Star Intermediaries, based in New York City, specializes …
October 2, 2012
The co-founders of defunct St. Louis-area auto service contract seller, US Fidelis, has been sentenced to prison on charges of stealing consumers’ refunds, insurance fraud and consumer fraud. Missouri Attorney General Chris Koster announced that Darain Atkinson was sentenced to …
October 2, 2012
The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced that Vaughn Graham of Tulsa, Okla., was installed as the newest member of IIABA’s Executive Committee at the association’s 2012 Fall Leadership Conference in Atlanta. Vaughn …
October 2, 2012
Property/casualty and employee benefits agency, MJ Insurance, has acquired Indianapolis-based Mead & Company. Terms of the deal between the two private firms were not disclosed. Mead & Company is a multi-generational family business operated by the Mead family and founded …
October 2, 2012
Boston-based Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, announced the release of the RiskInsight® open, global platform for catastrophe risk management. The bulletin described RiskInsight has featuring “an open architecture that …
October 2, 2012
Lockton Dunning Benefits, a Dallas-based employee benefits consulting company, has acquired Excelsior Solutions, a pharmaceutical and healthcare consulting company headquartered in Minneapolis, Minn. The Excelsior Solutions acquisition strengthens Lockton’s existing pharmacy benefits consulting expertise. Former Excelsior Solutions President Kenneth Dowell …
October 2, 2012
Dennis Landry’s bed and breakfast was in the middle of a record business year before a sinkhole prompted authorities to tell 150 households in the towns of Bayou Corne and Grand Bayou in Louisiana to evacuate. Soon after, wary customers …
October 2, 2012
The Adams County sheriff has agreed to provide sign language interpreters to deaf inmates in Colorado when they arrive at the county jail as part of a settlement of a deaf man’s lawsuit. The Colorado Cross-Disability Coalition and Colorado Association …
October 2, 2012
A Washington jury has awarded $1.4 million to the family of a girl molested by a former Olympia School District bus driver. The Olympian reported that the jury found the school district negligent in not preventing abuse. The girl was …