January 22, 2013
An Alabama school system on the Gulf Coast says it’s filing a claim seeking compensation for lost revenues blamed on the BP oil spill in 2009. WKRG-TV reported that attorneys for the Baldwin County public schools said they plan to …
January 22, 2013
Florida’s state policyholder-backed property insurer says it welcomes a newly proposed legislative initiative that would create an independent inspector general to oversee the insurer’s handling of employee complaints and use of funds. Florida State Senator Joseph Abruzzo (D-Palm Beach) has …
January 22, 2013
Constellation, a mutual holding company, has been formed by medical liability company, MMIC, to enable physician-owned medical liability companies to band together for common benefit. Constellation is based in Minneapolis, Minn., As part of Constellation’s network of companies, physician-governed insurers …
January 22, 2013
The Travelers Companies Inc. today reported net income of $304 million for the 2012 fourth quarter, down 51 percent compared to $618 million net income posted during the same period in 2011. Still, the 2012 full-year net income rose. The …
January 22, 2013
Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in the independent agency system. Don’t miss out on your chance to participate. The 2013 Agency Salary Survey results will be …
January 22, 2013
Small businesses may not think they are at risk for cybercrime, but almost 72 percent of the 855 data breaches worldwide analyzed by Verizon’s forensic analysis unit were at companies with 100 employees or less*. However, a questionnaire by Travelers …
January 22, 2013
A southwestern Idaho company is recalling 33,500 pounds of fully cooked meat and poultry products because of possible bacterial contamination. The United States Department of Agriculture Food Safety and Inspection Service announced Saturday that Boise-based B and D Foods is …
January 22, 2013
A man who was sexually abused by a Boy Scouts camp counselor more than a decade ago in San Diego County has sued the organization and his abuser. City News Service says the man, who’s now 29, sued last week. …
January 22, 2013
Kansas Insurance Commissioner Sandy Praeger has named Jennifer R. Sourk as the director of the Kansas Insurance Department’s Consumer Assistance Division. Sourk has been with the department since 2007. She was previously assistant general counsel and has worked as a …
January 22, 2013
An attorney for the New Mexico’s chief insurance regulator says his client has been given a 10-day unpaid suspension for missing a meeting with his soon-to-be ex-boss and for letting his employees leave work an hour early on Christmas. Attorney …