January 9, 2014
A South Florida doctor has been sentenced to more than five years in federal prison for his role in a major pill mill operation that illegally dispensed oxycodone and other painkillers. Court documents show that 54-year-old Dr. Scott Becker of …
January 9, 2014
Allstate Insurance Co. has announced plans to appoint new agency owners in Indiana, Michigan and Ohio this year. The company plans to appoint 21 new insurance agency owners in Indiana. Additionally, Allstate’s new and existing Indiana insurance agencies plan to …
January 9, 2014
Encouraged by a vigorous period of insurance M&A activity in the second half of 2012, many in the industry had high expectations of robustness in 2013. It’s clear now that 2013 M&A activity did not reach the levels of 2012 …
January 9, 2014
EPIC (Edgewood Partners Insurance Center), a retail property/casualty insurance brokerage and employee benefits consultant based in San Francisco, said it has acquired The McCart Group of Duluth, Georgia. The McCart Group will add approximately $20 million in revenue to EPIC …
January 9, 2014
The family of an Anchorage, Alaska woman who was killed in a traffic collision has filed a lawsuit against the bar where authorities say the driver charged in the death acknowledged drinking heavily before the crash. The lawsuit accuses Chilkoot …
January 9, 2014
Alliant Insurance Services has launched Alliant Americas. The new organization will expand Alliant’s middle market presence through strategic acquisitions and investments. Alliant Americas’ acquisition criteria will place a high value on companies in populous areas throughout the United States with …
January 9, 2014
San Diego, Calif.-based Align Financial Group LLC. has formed Catalytic Holdings LLC, a specialist property catastrophe underwriting manager, and Catalytic has acquired the property catastrophe business of Align General Insurance Agency, LLC and all of the stock of Western Re …
January 9, 2014
The owner of a southwest Ohio roofing company has pleaded guilty to charges of employing immigrants who are in the country illegally, filing false tax documents and insurance fraud. Gregory Oldiges, 55, could be sentenced from two years to nearly …
January 9, 2014
Texas Brine Co., the company blamed for the Bayou Corne-area sinkhole, has filed a formal complaint with the Louisiana Department of Insurance. The company alleges one of its insurers is not paying up as its policy requires. Company officials charge …
January 9, 2014
The Massachusetts Division of Insurance announced Tuesday a hearing will be held on Jan. 30 to consider the request of the Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB). WCRIB is a private non-profit unincorporated association of insurers that …