Leucadia National Corp. backed out of its acquisition agreement with Reliance Group Holdings Inc. on July 13 under the deal’s current terms. The planned $293-million stock swap was first announced May 26. The companies are reportedly discussing alternatives to the …
As oil and gas prices have increased over the last year, so has the oil production and exploration activity in Texas, the country’s largest producer. But the activity has somewhat lagged behind the increasing pace of prices because producers remain …
As nursing home liability coverage costs continue to climb, admitted carriers are pulling out of markets across the county. In Texas—considered, along with Florida, to be one of the most challenged states in this market—only two admitted carriers remain. Will …
A closer inspection of NAIC auto premium data reveals something much different than what the consumer media reported When the National Association of Insurance Commissioners released its 2000 report, State Average Expenditures & Premiums for Personal Automotive Insurance in 1998, …
“It’s nice work if you can get it,” goes the familiar saying. And nowhere does it apply better hant the liquor liability maket, where premiums are good and paid losses are about as low as they can get. The challenge …
Residents along the East and Gulf Coasts and in the Caribbean Islands should brace for an above-average 2000 Atlantic hurricane season on par with last year’s season. Forecasters with both the National Oceanic and Atmospheric Administration and the Department of …
Trolling for new business leads has been the bane of insurance agents for decades. Electronic data mining has eased the pain, but there are many gray areas as the call for consumer privacy grows louder. It was a bet with …
One of Texas’ oldest insurance agencies, created by one of the founding fathers of the association now known as the Independent Insurance Agents of Texas, has been sold by the founder’s 83-year-old grandson, Champe Fitzhugh Jr. Waco-based Fitzhugh & Co. …
When financial services reform laws were passed late last year, the banshee wails for independent insurance agencies began. Analysts and soothsayers predicted banks, with their mountains of money, would swoop down upon the comparatively poor insurance industry like the grim …
Round and round the season will go, but where hurricanes land, even forecasters don’t know Residents along the East and Gulf Coasts and in the Caribbean Islands should brace for an above-average 2000 Atlantic hurricane season on par with last …
