October 30, 2013
Combined Agents of America LLC (CAA), based in Austin, Texas, announced that five of its members/agents were elected to leadership positions with the Kansas Association of Insurance Agents (KAIA). CAA member Bob Wood, president of Wood-Dulohery Insurance, was elected president …
October 30, 2013
A jury has awarded more than $150 million in damages to a 13-year-old girl who watched her family burn to death in a fiery crash on a Southern California freeway. “It’s hard for her to comprehend” the scope of the …
October 30, 2013
Oklahoma Insurance Commissioner John D. Doak is encouraging Oklahomans to purchase earthquake insurance after a new report predicts continued seismic activity in the central part of the state. The U.S. Geological Survey (USGS) said central Oklahoma has experienced more than …
October 30, 2013
Vermont’s Department of Financial Regulation says a Wisconsin-based insurance company has paid nearly $16,000 in restitution to Vermont auto insurance customers whose damage claims were not evaluated properly. An investigation by the department determined that Dairyland Insurance Co. had inaccurately …
October 30, 2013
CPro Associates, a Dallas- based surplus lines wholesaler and managing general agency, has expanded its brokerage department with the addition of Gay Morris and Stephanie Arsenault. Morris previously worked at RISC in broker and underwriting positions for six years. She …
October 30, 2013
A federal judge has sentenced the former president of a Port Arthur, Texas, chemical company to one year in prison for occupational safety crimes that led to an employee’s death. Matthew Lawrence Bowman is the former president and owner of …
October 30, 2013
Florida Chief Financial Officer Jeff Atwater wants to know why home insurers are not passing along to insureds apparent savings they are realizing on reinsurance. The state’s insurance regulator says he will let Atwater know next month. Atwater sent a …
October 30, 2013
Indemnity Insurance Corp., which insures nightclubs, is at the center of a legal tug of war between its founder and the Delaware insurance commissioner. The dispute between company founder Jeffrey B. Cohen and Commissioner Karen Weldin Stewart involves the state’s …
October 30, 2013
Liberty Mutual Holding Co. Inc. today reported net income of $481 million for its 2013 third quarter, a 3.4 percent jump from $465 million profit reported one year ago, reflecting improved core underwriting results. “The third quarter reflected a continuation …
October 30, 2013
Florida Chief Financial Officer Jeff Atwater announced the arrest of Leon Mobley, 45, a licensed insurance agent in Wellington, for allegedly submitting false and forged wind mitigation verification inspection forms on behalf of clients to obtain discounted homeowners premiums. Atwater …