Steven Kandarian got MetLife Inc. out of banking to escape Federal Reserve oversight. Now, the insurer is fighting again to avoid the central bank’s reach. Kandarian, MetLife’s chief executive officer, has called regulatory uncertainty the primary challenge to meeting profit …
Grass Valley, Calif.-based Networked Insurance Agents has promoted Tammy Magliola to vice president of business development. Magliola will direct sales initiatives for expanding affiliate membership and increasing member production. She will report to Larry Oslie, executive vice president and principal …
Hail, wind and flooding in May caused an estimated $109.3 million in insured losses resulting from 28,442 auto and homeowners insurance claims filed, an insurance group reported on Monday. The damage estimates include 18,538 car insurance claims adding up to …
The federal government has informed New Jersey that it has approved its plan to spend $1.46 billion in its second round of state-controlled Superstorm Sandy recovery funds. Department of Housing and Urban Development spokesman Patrick Rodenbush said a letter was …
Sunday, June 1, marked the official start of the 2014 Atlantic hurricane season, and Virginia’s Bureau of Insurance is encouraging consumers to ensure that they have the insurance coverage they need and to develop a plan to protect themselves physically …
Minnesota Department of Commerce Commissioner Mike Rothman has signed regulatory settlement agreements with Transamerica and MetLife that require both insurance companies to pay Minnesota beneficiaries their rightful proceeds from life insurance policies, annuity contracts and retained asset accounts; and $4 …
The oil and gas industry won a significant victory in the Louisiana Legislature, receiving final passage of a bill that seeks to kill a lawsuit filed by a New Orleans area levee board against nearly 100 oil and gas companies. …
Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) has completed its purchase of Partners General Insurance Agency (PGIA), a managing general underwriter specializing in excess and surplus lines general liability and excess liability insurance. With offices in California, Illinois …
It’s been a little more than a year since seven children were killed when a massive tornado destroyed Plaza Towers Elementary School in Moore, but their families are still no closer to the goal of placing storm shelters in every …
The Texas Supreme Court on May 30 denied Lance Armstrong’s bid to block an insurance company’s efforts to recover about $12 million in bonuses it paid him during his career, setting the former cyclist on course to give sworn testimony …
