December 2, 2009
The U.S. House Financial Services Committee has passed a measure to create a scaled-back federal office that would be a national insurance information agency with some authority in the area of international insurance agreements. The new federal office would not …
December 2, 2009
Lawyers for Merck & Co. told the Supreme Court this week that investors waited too late and didn’t do all of the necessary investigations to sue the drug maker over whether it properly warned about the risks of its blockbuster …
December 2, 2009
Beecher Carlson has expanded its National Energy practice with the appointment of Jacklyn Kearns as senior vice President. Kearns brings 28 years of insurance and risk management experience to Beecher Carlson with deep expertise and specialization in the energy industry. …
December 2, 2009
One New Jersey city is considering billing insurance companies for fire department services. Passaic Mayor Alex Blanco is proposing insurers pay $500 for residential fire calls and $25,000 for fires in commercial buildings. Fire department calls to car accidents could …
December 1, 2009
The Main Street America Group, based in Jacksonville, Fla., announced that Indiana-domiciled Grain Dealers Mutual Insurance Company has been cleared to become an affiliate of the Jacksonville, Fla.-based super regional property-casualty insurance carrier. The deal has been approved by the …
December 1, 2009
Foremost Insurance Group announced it is expanding its dwelling fire program in Montana, Nebraska and Tennessee, effective Dec. 1, 2009. Typically known as the solution for hard-to-place landlord and owner-occupied properties, Foremost is enhancing its program to include standard and …
December 1, 2009
The University of Houston-Downtown (UHD) has appointed Bob Dean, president and chief executive officer of Dean & Draper Insurance Agency LP, to vice chair of the advisory board for UHD’s new Insurance and Risk Management program. In this role, Dean …
December 1, 2009
The Louisiana State Police says it investigated eight fatal crashes on Louisiana highways during the Thanksgiving holiday period of November 27 through November 29. These crashes resulted in 16 deaths across the state. The common factor in nearly every crash …
December 1, 2009
Insurance rates for about 26,000 State Farm homeowners in three Mississippi coastal counties will rise 19.5 percent beginning in February. Mississippi Insurance Commissioner Mike Chaney announced the rate increase, noting that in August he denied a request by the insurer …
December 1, 2009
A Kansas City-area state House member who has served as the chairman of the House Insurance Policy Committee is resigning his seat in Missouri’s Legislature. Republican Brian Yates, of Lee’s Summit, said the resignation is effective Dec. 1. He was …