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Increase in Commercial Rates Proposed for Louisiana Citizens

The board of Louisiana Citizens Property Insurance Corporation will vote in March on a proposed increase for commercial policy holders that will average 4.57 percent. Insurance Commissioner Jim Donelon told The Times-Picayune that his office has signed off on the …

Employers Holdings To Report Q4, Annual Earnings on Feb. 25

Reno, Nev.-based Employers Holdings Inc. announced it will review the company’s fourth quarter and full year 2009 financial results during a conference call and Webcast on Febr. 25, 2010, at 10:30 a.m. PST. The Webcast will be accessible on the …

4 Companies Told to Stop Selling Insurance Products in Kansas

Kansas Commissioner of Insurance Sandy Praeger has issued a cease and desist order to four companies and four individuals for selling unauthorized health insurance and distributing deceptive advertising. The Kansas Insurance Department identified the companies as: Real Benefits Association, Serve …

North Carolina’s First Bank Insurance Acquires Montgomery County Agency

North Carolina’s First Bank Insurance Services, Inc. has acquired The Insurance Center, Inc., a Montgomery County property/ casualty insurance agency with 500 customers. Kim Birckhead, president of The Insurance Center, said she is pursuing a new career but will serve …

Iroquois Group Expands into Arkansas

The Iroquois Group, an insurance agency network organization, announced it is expanding into Arkansas. Iroquois said with the addition of Arkansas it is now doing business in 37 states and representing more than 1,800 member-agencies. Philip Dawson, managing partner of …

Kearney and Sinclair to Lead Life Sciences at William Gallagher

Insurance Broker William Gallagher Associates (WGA) has named Mike Kearney leader of the firm’s Life Sciences practice and has also named Amy Sinclair as Co-Practice Leader. Kearney is an executive vice president, and has been with WGA for 14 years. …

2 Nebraska Agents Sentenced

Two insurance agents in Nebraska have been handed sentences for unlawful conduct, the Nebraska Department of Insurance reported. A previously licensed insurance agent, Bobby L. Hoeft, sentenced by District Court Judge Vicky Johnson in Fillmore County District Court to a …

Lloyds Banking Group to Sell its 70% Stake in Online Insurer esure

The UK’s Lloyds Banking Group is selling its 70 per cent stake in online insurer esure, to a management buyout vehicle to be called esure Group Holdings Ltd. The esure Group is led by the company’s chairman Peter Wood. It …

Wyoming Aims To Ban Texting While Driving

The Wyoming Legislature has given its first approval to a bill that would prohibit the use of electronic wireless communication devices for sending text or electronic mail messages while driving. Senate File 20 is sponsored by Sen. Floyd Esquibel, D-Cheyenne, …

PartnerRe Changes Organizational Structure after PARIS RE Acquisition

Bermuda-based PartnerRe Ltd. Has announced organizational changes, following the acquisition of PARIS RE. The Company said it would “maintain its existing business unit-based operating structure, consisting of three major operating units – PartnerRe North America (formerly known as PartnerRe U.S.), …

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