March 21, 2014
Managing general agency and surplus lines insurance broker, J.M. Wilson, added Michele Terry, as branch manager of its Kansas City, Mo., location. Terry will oversee the day-to-day operations of the Kansas City office and staff, and foster growth and development …
March 21, 2014
An automated phone message reaching South Dakota residents has been prompting MasterCard customers to enter their card numbers in the dial pad. The South Dakota Attorney General Marty Jackley warns consumers that this robocall is a scam. The caller ID …
March 21, 2014
International criminal enterprises follow the money, and a report says they are increasingly focusing on California because of its wealth and innovation. Aside from long-time trafficking in drugs, guns and people, the report by California Attorney General Kamala Harris says …
March 21, 2014
For the second year in row, salaries and total compensation rose in independent insurance agencies across the nation. That’s according to Insurance Journal’s annual Agency Salary Survey 2014. This year all levels of agency personnel averaged between a 2 percent …
March 21, 2014
Attorneys say the Federal Emergency Management Agency’s threat to have Livingston Parish’s Hurricane Gustav debris removal monitors investigated for fraud is “gratuitous” and “improper.” FEMA has alleged that monitors hired by the parish to oversee the removal of leaning trees …
March 21, 2014
The Arkansas Supreme Court overturned a $1.2 billion judgment against Johnson & Johnson in a lawsuit challenging the drug maker’s marketing of the antipsychotic drug Risperdal. The agreement was the third-largest settlement with a drug maker in U.S. history. The …
March 21, 2014
A.M. Best has revised the outlook of the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the ICRs of “aa+”of the property/casualty subsidiaries of The Chubb Corporation, also known …
March 21, 2014
Both houses of the Maryland General Assembly have passed bills to stiffen requirements for roadside zoos without requiring them to be accredited or meet certain safety and animal-care standards. The Frederick News-Post reported Wednesday that the bills lack restrictions sought …
March 21, 2014
Lighthouse Property Insurance Corp. announced its president, Ronald Chapman, will retire in July. The company said Patrick White, a director and owner of Lighthouse since 2010, will succeed Chapman as president. Chapman has held the position of president since Lighthouse’s …
March 21, 2014
The Canada Pension Plan Investment Board (CPPIB) announced that it has agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity firms, the first foray by the global …