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Missouri Files Insurance Navigator Rule to Comply with New Licensing Law

The Missouri Department of Insurance announced it has filed an emergency rule to comply with provisions of Senate Bill 262, which was passed by the Missouri General Assembly with an emergency clause for the licensing of “navigators” prior to the …

Tulsa Insurer Files Defamation Lawsuit Against Former Lawmaker

A Tulsa, Okla., insurance company has filed a defamation lawsuit against former board member and state Rep. Wayne Pettigrew. In the lawsuit, First Trinity Financial Corp. claimed that Pettigrew made false and defamatory statements about the company and its top …

House Crop Insurance Bill on Hold Again Over Food Stamp Cuts

The Republican-controlled U.S. House will try to cut billions of dollars from the food stamp program before negotiating an overall farm bill with the Senate, the House majority leader said on Thursday two months before the current farm law expires. …

Johnson Joins Florida’s Ted Todd Agency

Trevor Johnson has joined the Ted Todd Insurance Agency’s senior management team as its sales manager. He will oversee sales operations in all seven of the Allstate ageny’s offices located in Bonita Springs, Estero, Fort Myers/Lehigh Acres, Cape Coral, Sarasota, …

Little Advertising in Maine for Health Care Law

Some states are gearing up to help get the word out about the new federal health care law, but Maine officials are taking a more hands-off approach. Maine’s community groups and health centers are getting about $2 million to promote …

Towers Watson Places $60M Cat Bond for New Jersey Manufacturers Insurance

Towers Watson Capital Markets Inc., a subsidiary of global professional services company Towers Watson, announced it recently arranged a private placement catastrophe bond, Sullivan Re 2013-1, which closed at $60 million. Sullivan Re represents the first foray into the insurance-linked …

FEMA Publishes Latest Data on Federal Assistance for N.J.’s Sandy Recovery

The Federal Emergency Management Agency this week published its latest figures on federal assistance for New Jersey’s post-Sandy recovery effort.FEMA said the total federal assistance so far for New Jersey’s Sandy recovery adds up to more than $5.3 billion as …

Michigan Brewery Sues Over Oil Spill Cleanup Dredging Plan

A brewery in Michigan has sued over a plan for dredging sediments as part of the cleanup from the Kalamazoo River oil spill three years ago. The Kalamazoo Gazette reports Bell’s Brewery has sued Enbridge Inc. and the developer of …

Louisiana Agency Sues Big Oil Firms for Hurting Wetlands

A Louisiana agency sued 97 oil companies – including BP Plc, Exxon Mobil Corp, Chevron Corp and Royal Dutch Shell Plc – in state court on Wednesday for allegedly damaging hundreds of miles of sensitive wetlands by cutting through them …

Ratings Roundup: Continental Re (Nigeria), SCR (Morocco)

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Nigeria’s Continental Reinsurance Plc, both with stable outlooks. The ratings of Continental Re reflect its “strong risk-adjusted …

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