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Allianz Raises 2013 Earnings Goal as Q3 Profit Climbs

Allianz SE, Europe’s biggest insurer, increased its full-year earnings goal after third-quarter profit rose 6.3 percent, beating analysts’ estimates. Net income advanced to €1.45 billion ($1.946 billion) from €1.36 billion [$1.825 billion] a year earlier, the Munich-based company said in …

Super Typhoon Haiyan Slams into Central Philippines; Millions Flee

The strongest typhoon in the world this year and possibly the most powerful ever to hit land, battered the central Philippines on Friday, forcing millions of people to flee to safer ground, cutting power lines and blowing apart houses. Haiyan, …

Ohio Workers’ Comp Data Shows 5K-Plus Worker Amputations Since 2005

Data provided by the state shows that more than 5,000 workers in Ohio have suffered amputation injuries since 2005. The statistics from the Ohio Bureau of Workers’ Compensation were analyzed by The Dayton Daily News. They show there have been …

J.M. Wilson Hires Fee as Branch Manager in Ohio

Managing general agency, J.M. Wilson, has added Gina Fee, as branch manager of its Westerville, Ohio, location. Fee will oversee the day-to-day operations of the Westerville office and staff, and foster growth and development of their agent base in Ohio, …

Small Business Insurance Provider AssureStart to Launch in Texas

Madison, Wis.-based American Family Insurance is partnering with Seattle-based start-up, AssureStart, to sell small business insurance online to Texas businesses beginning in mid-November. After launching in Texas, AssureStart plans to enter three more states – Maryland, Pennsylvania and Washington – …

Dallas-Based Capstone Underwriters Announces Management Changes

Capstone Underwriters LLC announced that Roger F. Bogan has joined the group in Dallas as executive vice-president, brokerage. Bogan will head a new brokerage department specializing in oil and gas, hard-to-place casualty and excess liability risks. He has experience and …

Missouri Appeals Court: Red-Light Camera Law Invalid

The future of red-light cameras in Missouri communities could be in jeopardy after a state appeals court panel ruled that most municipal ordinances governing the cameras are not enforceable. A Missouri Court of Appeals Eastern District panel said that Ellisville’s …

New Deputy Insurance Commissioners Appointed in Louisiana

Louisiana Commissioner of Insurance Jim Donelon announced that Executive Counsel Warren Byrd has been appointed to the position of deputy commissioner of the Office of Property and Casualty in the Louisiana Department of Insurance (LDI). Arlene Knighten, who has been …

Oklahoma Lawmaker to Re-File Earthquake Insurance Bill

Following a rash of earthquakes, a state lawmaker says he plans to file a bill to require insurance companies to notify Oklahomans whether their policies cover property damage caused by earthquakes. Rep. Mike Shelton of Oklahoma City filed a bill …

K&B Underwriters Hires Senior Living Programs Director in Virginia

K&B Underwriters, a program administrator and wholesale brokerage serving agents and brokers for senior living facilities, hired Paul Marshall as director of senior living programs. Marshall has 23 years of experience in the insurance industry, largely focused on long-term care …

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