The Trustee for the WCI Chinese Drywall Trust has filed suit against 14 insurance companies in U.S. District Court, Eastern District of Louisiana, seeking indemnification for losses arising from claims for the development and sale of homes allegedly containing defective …
A former customer service representative for the North Carolina Farm Bureau Insurance Co. has been arrested on charges she embezzled premium payments from customers. North Carolina Insurance Commissioner Wayne Goodwin reported the arrest of Sheila Carol Williams of Mayodan. Department …
House Speaker Nancy Pelosi said Tuesday she was sure Democrats in the House of Representatives and Senate would produce a final health care reform plan that would hold insurers accountable and make medical coverage affordable. She did not promise the …
Florida-based insurance agency giant Brown & Brown, Inc. said that Jim W. Henderson, its vice chairman, chief operating officer and a member of its board of directors, will retire effective in August 2010. In view of his impending retirement, Henderson …
Florida-based Brown & Brown Inc. announced that through a subsidiary it has acquired the assets of Alamo Insurance Group Inc., of San Antonio, Texas. Alamo Insurance Group, with annual revenues of approximately $4.3 million, has provided property and casualty insurance, …
British insurance company Aviva PLC has agreed to buy all the shares in River Road Asset Management of Louisville, Kentucky. Aviva did not say what it is paying for the company, which has gross assets of $6 million and $3.6 …
Democrats in the U.S. Congress are preparing to merge the two health care bills passed in 2009 by the Senate and House of Representatives into a single bill. This compromise bill would have to be passed by both chambers of …
Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium in Louisiana for a standard homeowners policy in 2007, …
Premium Financing Specialists Inc. (PFS) has closed the acquisition of another Kansas City metro area-based premium finance company, Universal Premium Acceptance Corp. (UPAC). The combined company of almost 300 employees will support approximately 13,000 insurance agent and broker clients and …
Since its inception in 1985, tips to Michigan’s Help Eliminate Auto Thefts (H.E.A.T.) program have led to recovery of more than $51 million in stolen property and arrests of more than 3,300 suspects involved in auto theft-related crimes Livonia-based H.E.A.T. …
