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Mississippians Told to Expect April Floods

The Mississippi River is starting its spring climb with forecasters predicting a rise of more than a foot a day beginning at midweek. The result could be another year of flooding in the Vicksburg area. “Right now, we’re looking at …

AXA to Delist ADS Shares from NYSE

France’s AXA Group announced that it will file a Form 25 with the U.S. Securities and Exchange Commission to voluntarily delist its American Depositary Shares (ADS) from theNew York Stock Exchange. AXA said the “last trading day of the ADS …

The Hartford To Repay TARP Money

The Hartford said it would conduct a public offering of equity and debt securities as part of a plan to repay the $3.4 billion it took from the federal government as part of the Treasury’s Capital Purchase Program, also known …

Virginia Woman Sues State for $15M over Son’s Drowning at Park

A Virginia woman whose son drowned at Smith Mountain Lake State Park has filed a $15 million lawsuit against the state and several other defendants. Dora Mae Henley’s lawsuit claims the death of her 12-year-old son, Marvin Strickland, was partly …

Sarasota HeraldTribune: How Florida Insurers Make Millions on the Side

The Sarasota HeraldTribune, as part of its series on the property insurance market in Florida, has reported that half of the state’s insurers are making money not from insuring homes but by diverting premiums into side ventures. The copyrighted report …

Preferred Guardian Insurance Opens Wholesale Division

Preferred Guardian Insurance (PGI), based in Dallas, Texas, announced it has opened a wholesale division and added its first two agencies: PIP Insurance Services in Dallas and Alkali Insurance Services in Plano. PGI’s wholesale program looks for agents new to …

CNA Enhances Precasters Coverage With Expense Reimbursement

CNA has enhanced its current coverages for precasters with the Concrete Product Rework endorsement, which will reimburse precasters for expenses arising out of the removal, repair or replacement of defective precast concrete products. In addition, the Concrete Product Rework endorsement …

Higginbotham and EnRisk Services Partner to Serve Texas Energy Industry

Independent insurance and financial services brokerage firm, Higginbotham & Associates, has engaged EnRisk Services, an insurance broker and risk manager for the energy industry, to supplement its existing Energy Division. Both firms are headquartered in Fort Worth, Texas. Higginbotham launched …

New Startups, Only 1% of All Firms, Generate 10% of New Jobs

While discussion about economic recovery focuses primarily on expanding job growth in existing companies, a new study suggests policies should be focused more on creating a favorable environment for entrepreneurship— and particularly high-growth entrepreneurship— because top-performing companies are the most …

400-Plus Firms Asked About Insurance Ties to Louisiana Parish Ex-Admin

A Louisiana parish council is asking hundreds of companies that make money on community contracts whether they also buy insurance from an agency owned by a former parish administrator. The letters to 404 companies are the broadest sweep yet of …

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