September 6, 2013
Helping youth find their way onto lakes to fish. That’s what John Albertson, an insurance agent in Bloomington and youth director for Indiana B.A.S.S., is trying to accomplish. He’s actively seeking students from high schools across Indiana who want to …
September 6, 2013
Margaret LeClair, CEO of St. Paul, Minn.-based LeClair Insurance, announced the company is changing its name to LeClair Group, and bringing a new package of services to market in connection with the roll-out of federal health care reform. LeClair Group …
September 6, 2013
Insurance agents and company representatives from across the state will meet Oct. 6-7 in San Marcos at the Embassy Suites San Marcos Hotel, Spa and Conference Center for the Independent Insurance Agents of Texas’ 9th Annual Small Agency Conference. IIAT …
September 6, 2013
Federal authorities have extended the amount of time New Yorkers can stay in hotels or motels if they can’t return to their homes because of damage from Superstorm Sandy. The Federal Emergency Management Agency said Tuesday officials have approved extending …
September 6, 2013
New Jersey authorities said three New Jersey men have been charged with engaging in a scheme to submit fraudulent cell phone loss claims to Asurion Insurance Services. The Passaic County Prosecutor’s Office said Thursday that the three men allegedly submitted …
September 6, 2013
Madison, Wis.-based American Family Insurance announced that it reached agreement to acquire direct homeowners insurer Homesite Group Inc. for an anticipated $616 million. Homesite Group is a Boston-based direct writer of homeowners, renters and condominium insurance. The deal is expected …
September 6, 2013
Florida regulators have approved a first round of rate changes for the state-backed property insurer that include an 8.3 percent increase in condominium association multiperil policies. Citizens Property Insurance Corp. was also granted an 8.6 percent increase in rates for …
September 6, 2013
KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, agreed to buy ., the first buyout by the firm’s technology group since the head of the team stepped down earlier this year. The transaction is valued …
September 6, 2013
Reinsurers may fail to increase rates they charge primary carriers for their backstop coverage when they begin price talks for 2014 in Monte Carlo this week. “I expect the market staying flat to ticking down, on the absolute premium,” Amer …
September 6, 2013
The Tennessee Supreme Court has reinstated a $43.8 million verdict for a Memphis child who was paralyzed in an auto accident. According to court records, Billy Meals was 6 years old on Jan. 18, 2002. He was riding in the …