News

Mines Associated with Kentucky Lawmaker Cited for Safety Violations

An influential eastern Kentucky legislator owns the permits on Pike County coal mines that have repeatedly been cited by the state for safety and environmental violations. Rep. Keith Hall’s Beech Creek Coal Co. and other companies that are mining coal …

Senate Passes Crop Insurance Bill; House Fight Over Food Stamps Next

The Democratic-run U.S. Senate passed a $500 billion, five-year farm bill on Monday that expands a taxpayer-subsidized crop insurance program and rejects sweeping cuts in food stamps for the poor being pursued in the House of Representatives. The bill passed …

RSI Taps Thomas as VP in Southern California

Costa Mesa, Calif.-based RSI Insurance Brokers Inc. named Patrick Thomas as corporate vice president. Thomas will be responsible to developing new products, managing insurance program relationships and directing the sales team. Thomas will report to RSI CEO Ben Thomas. Thomas …

Beaudoin Joins Abram Interstate in California

Peggy Beaudoin has joined Rocklin, Calif.-based Abram Interstate Insurance Services Inc. as agribusiness account manager. Beaudoin will focus on underwriting and servicing Abram Interstate brokers for equine, commercial agriculture, wineries and other agriculture related products and programs.

Broker Awarded $3.8M Verdict in Reputation Suit

A Los Angeles Superior Court jury has awarded $3.8 million in lost profits and business reputation damages to HCF Insurance Agency. On June 3, HCF, represented by law firm Winget Spadafora & Schwartzberg LLP, got the unanimous jury award, which …

Private Equity Firm LLR Partners Hires Senior Associate in Philadelphia

Philadelphia-based private equity firm LLR Partners recently hired Matthew Streisfeld as a senior associate to lead the firm’s investments in middle-market companies across several insurance sectors.Streisfeld previously worked at Lightyear Capital, specifically on investments in Cooper Gay Swett & Crawford …

New Insurance Commissioner to Address Texas Insurance Symposium

Julia Rathgeber, newly appointed Commissioner of the Texas Department of Insurance, will speak at the 21st annual Mid-Year Property and Casualty Insurance Symposium. The Symposium will be held in Austin on Thursday, July 18, at the Sheraton Austin Hotel. Prior …

Indiana BMV Warns of Inappropriate Insurance Offers

The Indiana Bureau of Motor Vehicles is warning Hoosier motorists that someone is making inappropriate phone solicitations regarding insurance rates: BMV Commissioner R. Scott Waddell said that his office learned motorists are receiving calls from an outside organization claiming to …

14 Insurers File to Be on Michigan Health Exchange

Fourteen health insurance companies have filed to offer plans through a new Michigan insurance market being created under the federal health care law. The state Department of Insurance and Financial Services says it received filing information from 13 insurers wanting …

Illinois Lt. Governor: Cities Should Consider Assault-Weapons Bans

Lt. Gov. Sheila Simon is urging Illinois communities to consider banning assault-style weapons before new legislation is signed that could prohibit local governments from doing so in the future. The General Assembly approved a measure last month that would end …

News Archives by Month