Latest Kentucky Headlines
All the headlines from our Kentucky Topic Page, ordered by recency.
BB&T Unit to Buy Kentucky Agencies
Apr 4 2003 // BB&T Insurance Services said it plans to acquire Kentucky agencies, Old Colony Insurance Service (Louisville) Inc. and Cromwell Insurance Agency of Lexington. Cromwell is jointly owned by Old Colony and Ludt-Bell...
Hub International Buys Kentucky’s Wilson & McPherson
Apr 3 2003 // Hub International Limited announced that subsidiary Hub International Midwest (Hub Midwest) acquired for an undisclosed amount of cash, the stock of Wilson & McPherson Inc. (Wilson), an insurance agency based in...
Ky. DOI Warns of Fraudulent Billing Scheme
Apr 1 2003 // The Kentucky Department of Insurance, through its Insurance Fraud Investigation Division, is warning of a fraudulent insurance billing scheme reportedly being seen in the Commonwealth. According to J. Joseph Cohen,...
Kentucky DOI Warns Agents About Potential Loss of License
Mar 13 2003 // The Kentucky Department of Insurance issued a warning to agents that due to widespread non-compliance with renewal and address change requirements, many are facing loss of their authority to do business in the...
S&P Cuts Kentucky Farm Bureau Mutual Ratings
Feb 24 2003 // Standard & Poor’s Ratings Services said lowered its counterparty credit and financial strength ratings on Kentucky Farm Bureau Mutual Insurance Co. (Kentucky Farm Bureau) to “Api” from...
Gallagher Acquires Kentucky and Seattle Agencies
Feb 11 2003 // Arthur J. Gallagher & Co. has acquired W. E. Kingsley Co. Inc. of Lexington, Ky., and McRory & Co. and Harman & McRory Co., both of Seattle, Wash. The Itasca, Ill.-based brokerage did not disclose terms of...
AIA Praises KY Supreme Court Decision on WC Exclusive Remedy Doctrine
Jan 28 2003 // The Kentucky Supreme Court, overturning a lower court ruling, voted 4 to 3 to maintain the longstanding exclusive remedy doctrine underpinning the state’s workers’ compensation system. The court’s...
Ky. Commissioner Orders Designation of Med-Mal Coverage
Jan 9 2003 // Kentucky Insurance Commissioner Janie A. Miller issued an order Jan. 7 requiring all insurers currently writing Medical Malpractice coverage in the state to file current rates and supplementary information, along with all...
Kentucky Commissioner Releases Med-Mal Proposal
Jan 8 2003 // Kentucky Department of Insurance (DOI) Commissioner Janie A. Miller announced a series of recommendations to address the medical malpractice insurance market in Kentucky. The recommendations were developed after months of...
Liability Crisis Looming for University of Louisville School of Medicine
Dec 25 2002 // The Kentucky Medical Association (KMA) and the Kentucky Hospital Association (KHA) notified state leaders that the University of Louisville School of Medicine’s OB/GYN Department may lose its liability insurance...
Ky. Supreme Court Rules on Parental Consortium Claims
Nov 5 2002 // The Kentucky Supreme Court unanimously ruled in Daley v. Reed recently that a claim for loss of parental companionship and services is payable under the “each person” limit, not the “each accident”...
Kentucky’s HopFed Acquires Bank Branches, Agency
Sep 10 2002 // HopFed Bancorp Inc. of Hopkinsvill, Ky. acquired two bank branches and a full service insurance agency located in Fulton, Ky. The closing was effective Sept. 5, and the branches began operation under the Heritage Bank name...
Ky. Slaps Restraining Order on Med-Mal Marketers
Jul 25 2002 // The Kentucky Department of Insurance obtained a temporary restraining order against several entities and individuals alleged to have been marketing medical and/or professional liability coverage to Kentucky physicians...
AIA Calls on Ky. To Reform Tort Liability System
Jul 19 2002 // Enacting key reforms to Kentucky’s tort litigation rules is the single most important step the state can take to improve its medical malpractice insurance environment, the American Insurance Association (AIA) said at...
Pair of Regional Carriers on Board for Trusted Choice
Jul 4 2002 // Regional carriers Kentucky National Insurance Company and Rutgers Casualty Insurance Company are the two newest Trusted ChoiceSM company partners. Fifteen regional and national insurance carriers and one strategic alliance...
Ky. to Hold Med-Mal Hearing
Jul 1 2002 // The Kentucky Department of Insurance will conduct a public hearing on Friday, July 12, from 10 a.m. to 2 p.m. at the Holiday Inn Capital Plaza, 405 Wilkinson Blvd., in Frankfort to hear testimony on the availability and...
Progressive Reps Receive Awards in Arkansas, Kentucky
Jun 28 2002 // Two Progressive Insurance Company representatives from Kentucky and Arkansas who happen to share the same first and last name, have been named by their respective state association of Professional Insurance Agents (PIA) as...
Arthur J. Gallagher and Co. Makes Acquisitions
Dec 21 2001 // Illinois-based Arthur J. Gallagher & Co. announced the acquisition of Equity Insurance Managers, Inc., Equity Insurance Administrators, Inc. and 21st Century Claims Service, Inc. all of Lexington, Kentucky. Founded in...
BB&T’s Aggressive Expansion Plan Includes Mergers, Acquisitions
Nov 26 2001 // BB&T Corporation, the Winston-Salem, N.C.-based financial services company with strong insurance interests, is maintaining its strategy of expansion across the southern U.S. by agreeing in principle to merge with...
Gender Rating Explored in Kentucky
Nov 5 2001 // If gender is eliminated from the factors Kentucky insurers use to determine auto rates, youthful female drivers state-wide would pay 6.8 percent more for their auto insurance premiums, according to a recent study. The...
