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Arkansas Agents Name The Republic Group Company of the Year

The Republic Group, headquartered in Dallas, has been named 2010 Company of the Year by the Independent Insurance Agents of Arkansas (IIAA). According to the IIAA, this award recognizes the company that most demonstrates a strong commitment to the independent …

UK Brokers Berkeley, Beaumonts Recommit to Willis Commercial Network

The Willis Commercial Network (WCN), a successful alliance between independent UK insurance brokers, leading insurers and global insurance broker Willis Group Holdings, announced that two of its largest members, Berkeley Insurance Group UK Ltd and Beaumonts Insurance Brokers Ltd, have …

Allstate: Texas Auto Theft Numbers Drop 2.5% Statewide

Vehicle thefts among Allstate insured Texans dropped 2.5 percent last year, the company announced, but the cars being snapped off the street are heading farther south of the border — even overseas. The insurer and police are urging drivers to …

RSA Chairman Warns President Obama over Attacks on BP

The chairman of RSA Insurance Group Plc has written an open letter to U.S. President Barack Obama describing his comments towards BP Plc and its chief executive as “prejudicial and personal.” In the letter, published on the Sky News website, …

Submit Today: Insurance Journal Top 100 Agencies

Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall Independent Agencies, Top Commercial Lines Independent Agencies, Top Personal Lines Independent Agencies, and …

Possibility of BP Bankruptcy Due to Oil Claims Seen Remote For Now

The chances of BP declaring bankruptcy to deal with oil-spill claims are remote for now, bankruptcy professionals said, although that option would be open to the company if liabilities became overwhelming — and that very much depends on when the …

Ohio Court Has Jurisdiction Over Non-Resident Internet Defamation Case

The Supreme Court of Ohio has ruled that an Ohio trial court may assert jurisdiction over a nonresident defendant in a defamation case involving Internet postings, according to a slip opinion released by the Supreme Court on June 10. In …

Massey Hits U.S. Mine Safety Chief’s Comments on Violations

Coal miner Massey Energy Co criticized a U.S. mine safety official’s comments Thursday, saying the process of dealing with safety violations is biased against mining companies. “We are disappointed in the comments by MSHA (U.S. Mine Safety and Health Administration),” …

Weak Predators, Demanding Prey Stymie Lloyd’s M&A

A bid for Lloyd’s of London insurer Brit is unlikely to trigger acquisitions in the battered sector because targets feel they can hold out against lowball private equity bids and trade buyers remain strapped for cash. Shares across the Lloyd’s …

Sickened Sept. 11 Workers Agree to Revised $712 Million Settlement

Attorneys for thousands of workers who suffered health problems stemming from the Sept. 11, 2001, attack on the World Trade Center reached a revised $712 million settlement with New York City Thursday. In March a federal judge rejected an initial …

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