June 17, 2015
Officials in Sullivan County, Tenn., are looking to change how some drunken driving arrests are made after finding a “deficiency” in the criminal process that has led to charges being dismissed in several cases and threatened in others. The county’s …
June 17, 2015
Owners of vacant properties in Parkersburg, W. Va., soon will have to register the structures with the city. City officials are implementing a new registry for vacant properties. The Parkersburg News and Sentinel reports that owners will have to register …
June 17, 2015
President and CEO of nationwide broker Celedinas Insurance Group, Ray Celedinas, has been appointed to the Assurex Global Board of Directors. Assurex Global is a global privately held commercial insurance, risk management and employee benefits brokerage group. A partner firm …
June 16, 2015
AXIS Capital Holdings Ltd., the insurer that agreed to merge with PartnerRe Ltd., jumped in New York trading on speculation that the deal could fall apart, which could put AXIS in play to be taken over by another company. EXOR …
June 16, 2015
Tropical Storm Bill came ashore on the Texas mainland this morning near Seadrift, packing heavy rains that will drop as much as 10 inches along the coast. Bill’s winds were 60 miles (97 kilometers) per hour, up from 50 mph …
June 16, 2015
Maurice “Hank’ Greenberg, who yesterday won what most considered a long-shot case with a ruling that the U.S. government acted illegally towards American International Group Inc. shareholders in the terms it imposed for its bailout in 2008, is appealing that …
June 16, 2015
The U.S. Federal Reserve is considering a proposal for new nationwide insurance capital standards that would rely heavily on the current system of state-based regulations, according to a copy of the plan seen by Reuters and people familiar with the …
June 16, 2015
A former QBE Insurance Group Ltd. executive and an accomplice embezzled $2.6 million by submitting phony invoices in which the name of the chief financial officer was forged, according to U.S. prosecutors. James J. Shea, a former QBE vice president …
June 16, 2015
Insurance software provider Vertafore, has acquired QQ Solutions, Inc., a provider of agency management systems and a comparative rater offering. The move expands Vertafore’s portfolio of agency management systems and rating products and further expands Vertafore’s rating capabilities in Texas …
June 16, 2015
A new study shows that insurance agencies that use technology in sales and marketing, managing customer relationships and other sales processes sell up to 43 percent more policies per producer than agencies that rely less heavily on technology. And the …