February 21, 2014
Arthur J. Gallagher & Co. has acquired Kent, Kent & Tingle, a retail insurance broker based in Shreveport, La. Terms of the transaction were not disclosed. Founded in 1989, Kent, Kent & Tingle (KK&T) provides employee benefits, property/casualty and risk …
February 21, 2014
An Oklahoma House committee has approved legislation that would require passengers in the back seat of vehicles to wear seat belts. The House Public Safety Committee voted 7-5 for the measure on Feb. 19 and sent it to the full …
February 21, 2014
Homeowner Wally Cantrell’s finished basement was destroyed in the June 2008 flood in Columbus, Ind., but his flood insurance policy helped cover a good bit of the repairs. Now, Cantrell wonders if he will soon face a related disaster due …
February 21, 2014
Dallas-based MarketScout has expanded its commercial specialty program underwriting practice with the addition of Greg Whaley as assistant vice president, lead underwriter of its new national animal mortality facility. Whaley will oversee the firm’s underwriting facility from MarketScout’s Omaha, Neb., …
February 21, 2014
Wells Fargo Insurance, part of Wells Fargo & Co., named Stefani Tygar Barnes as head of its personal insurance segment in Minneapolis, Minn. Barnes will lead a team dedicated to providing auto, home, renters, life, health, and umbrella insurance products …
February 21, 2014
Club Car is recalling about 1,800 golf carts because of a safety issue that can put passengers at risk of falling out of the vehicle. The U.S. Consumer Product Safety Commission said that various sizes, models and colors of its …
February 21, 2014
Agents and brokers who are not selling trade credit insurance – also known as receivables insurance – are missing huge opportunities but also opening themselves up to errors and omission (E&O) exposures, according to trade credit insurance experts. Worldwide capacity …
February 21, 2014
A panel of medical experts would review proposed medical malpractice claims against health care providers before they could be pursued in court under a bill the Kentucky Senate passed this week. The party-line vote in the Republican-led Senate followed a …
February 21, 2014
Fees & Agency’s Standard of Care. An agency’s Standard of Care requirement has many moving parts and variables. Simple answers generally do not exist because the applicable standard is case and fact specific. However, a key to making the agency’s …
February 21, 2014
Donegal Group Inc., based in Marietta, Penn., today posted $9.56 million in net income for its 2013 fourth quarter, up 54 percent from $6.22 million net income posted during the 2012 fourth quarter. For the full year 2013, the net …