May 3, 2010
Louisiana State reported that information from Lo Jack Inc. related to a stolen 2006 Suzuki Hayabusa motorcycle in the LaPlace area aided in the recovery of $45,000 worth of stolen property. The Suzuki was reported stolen from Shreveport, La. By …
May 3, 2010
The Democratic Rural Conference of New York is backing former Insurance Superintendent Eric Dinallo for the party’s nomination for attorney general. Dinallo won among a field of five Saturday in the straw poll that’s often been a bellwether for the …
May 3, 2010
On the final day of this legislative session, Florida lawmakers passed omnibus legislation that aims to bring more control over homeowners insurance costs, raises the state’s minimum capital requirements for insurers, cracks down on errant public adjusters, allows insurers to …
May 3, 2010
Spring fire season is coming to an end in Virginia. The season ends Friday and the state Department of Forestry says the number of wildfires fell 29 percent this year. There were 400 wildfires during the 75-day season this year, …
May 3, 2010
American consumers look more frequently to the web and interactive promotions when making purchasing decisions for insurance, according to a new survey. The survey — 2010 Insurance Customer Interactive Media Usage Survey conducted by AIS Media Inc. — queried the …
May 3, 2010
Florida lawmakers, who turned aside efforts to deregulate home insurance prices, have passed legislation aimed at deregulating certain commercial property/casualty insurance rates. They also made changes to the state’s own workers’ compensation program. The commercial lines deregulation bill that passed, …
May 3, 2010
A Leon County, Florida judge has given state officials the go-ahead to liquidate home insurer Magnolia Insurance Co. The order was issued April 30. Magnolia Insurance Co. was placed under administrative supervision by Florida insurance regulators last December after the …
May 3, 2010
W. R. Berkley Corp. has appointed Jeffrey M. Hafter and Lucille T. Sgaglione as senior vice presidents. Hafter has more than 20 years of experience in the commercial property and casualty insurance industry. He most recently served as president of …
May 3, 2010
Los Angeles-based Mercury General Corp. has reported net income in the first quarter of 2010 of $61.2 Million, $35.5 million less than the $96.7 million net income reported for the same quarter in 2009. Operating income for the first quarter …
May 3, 2010
Marsh has acquired The Bostonian Group in a deal that gives the broker’s upstart, retail agency division a sizable presence in New England. Terms of the transaction were not disclosed. The Bostonian Group — which has 60 employees and approximately …