May 15, 2013
A former Texas insurance agent has been convicted of a first-degree felony for diverting more than $150,000 in premium payments for personal use, the Texas Department of Insurance reported. The DOI said Leslie Ray Collins of Sugar Land was convicted …
May 15, 2013
Frontline Insurance, a provider of coastal homeowners coverage, is now licensed in Delaware. Frontline already operates in Florida and South Carolina and recently announced a new coverage program for Alabama residents, including wind and flood all in one package. A …
May 15, 2013
Wildfires have led to evacuation of about 30 residences in a North Texas community where 2011 blazes destroyed dozens of homes amid the drought. The Texas A&M Forest Service reported grass fires that burned about 100 acres in the Possum …
May 15, 2013
North American retailers on Tuesday discussed forging their own Bangladesh safety agreement–an alternative to a legally binding accord that many European retailers have signed on to–though details of any alternative accord were still unclear. The discussions Tuesday were the latest …
May 15, 2013
The attorneys general of Illinois, Kansas and Ohio are targeting storm-chasing roofing companies in their states with legal actions. Illinois Attorney General Lisa Madigan filed a lawsuit against a Chicago-area home repair firm for allegedly failing to complete contracted projects …
May 15, 2013
Managing General Agency Tangram Insurance Services has named Rekha Skantharaja president. Skantharaja will be working to expand the company’s existing programs, as well as to develop new programs nationally. Skantharaja has more than a decade of experience in the insurance …
May 15, 2013
Hudson Insurance Group, the U.S. Insurance Division of Odyssey Re Holdings Corp. has received approval from the Excess Line Association of New York to write excess line business in the State of New York through Hudson Excess Insurance Co. Hudson …
May 15, 2013
Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2012, costing more than $489 million, according to the industry’s Insurance Information Institute (III) and insurer State Farm. While the number of claims …
May 15, 2013
San Francisco, Calif.-based Woodruff-Sawyer & Co. announced today that Stan Loar will become the chairman of the board and Doug Morton will transition from the role of chairman to become executive director. Charlie Rosson will continue as CEO. As executive …
May 15, 2013
Lamar County (Mississippi) School District officials said a Feb. 10 tornado caused $7 million in damage to Oak Grove High and its baseball and football facilities. The Hattiesburg-American reported that the district has a $50,000 insurance deductible it hopes to …