New York State’s financial-services regulator is pressing insurers including American International Group Inc., Lincoln National Corp. and Principal Financial Group Inc. to boost reserves at units in the state, a person familiar with the matter said. The group of insurers, …
Shreveport, La.-based Specialty Risk Associates Inc. announced the hiring of three new commercial lines underwriters – Ryan Gore, Laura Schlidt and Patti Haigler. Prior to joining Specialty Risk Associates, Gore worked in underwriting at Deep South Surplus. Gore has eight …
Wells Fargo Insurance, part of Wells Fargo & Co. announced three new leaders to its Midwest team. Barton Bates, Tony Evans and Stephen Zimmer will join the Midwest insurance team as the company continues to grow its property and casualty, …
An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,000 in customer premiums, the Texas Department of Insurance reported. TDI said McKinley Shumate, 59, of Houston was sentenced to 10-years in prison …
The board of Texas insurer of last resort for wind and hail along the Texas coast voted at its August meeting to raise premium rates beginning in January 2014. The Texas Windstorm Insurance Association board of directors voted to file …
Huntington Ingalls Industries and its insurer have reached cash settlement for $180 million for the shipbuilder’s losses from Hurricane Katrina in 2005 at facilities in Pascagoula and Avondale, La. The Mississippi Press reported that the information was contained in a …
Although California Assemblywoman Beth Gaines, R-Rocklin, married into the insurance business, it seems to run in her blood, because it’s her blood that boils when she feels small businesses are being attacked by fellow state Legislators. Gaines’ husband is state …
A southern New Jersey man has been indicted on charges of providing a false insurance certificate and working as an unregistered contractor after authorities revoked his registration Shane Wood of Toms River, also known as Shaine Wood, faces forgery charges …
Gov. Mary Fallin is announcing the appointment of Oklahoma Commerce Department executive director Jonna Kirschner to a transition team to establish a new workers’ compensation system. The new system was authorized by legislation passed and signed into law earlier this …
The Japanese company that produced the classic series of “Godzilla” movies has sued a New Orleans brewery, claiming the MechaHopzilla beer brand infringes on its copyrights and trademarks. The lawsuit was filed in U.S. District Court in New Orleans by …
