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Oklahoma Insurance Commissioner to Storm Survivors: Register With FEMA

Survivors of the tornadoes, severe storms and flooding that occurred in Oklahoma from May 18 to June 2 have less than two weeks to register for state and federal disaster assistance. The deadline is July 19. “Even if you think …

Guy Carpenter Facilitates Launch of Multi-Peril Crop Insurance in Australia

Guy Carpenter & Co., LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos. has facilitated the launch of a Multi-Peril Crop Insurance (MPCI) product for Australian grain growers for the 2013 crop season. The product …

Spectrum Wholesale Expands RV, Resort Program Nationwide

Spectrum has expanded its program for RV parks and resorts to attract RV parks and resorts across the country. In California, Spectrum will grow via its Western states based agencies, exclusively for short term stay RV communities. In Florida, the …

Arch Insurance Group, CalSurance Launch Liability Coverage for Bloggers

Arch Insurance Group, a member of Arch Capital Group Ltd., has released a new blogger insurance program. Partnering with CalSurance Associates, a division of Brown & Brown Program Insurance Services, Inc., Arch Insurance Group will provide a new liability insurance …

TWFG General Agency Named Lloyd’s Coverholder

Texas-based The Woodlands Financial Group announced it has been approved as a coverholder at Lloyd’s of London, which authorizes its TWFG General Agency to enter into contracts of insurance and to issue insurance documentation under a Lloyd’s registered binding authority. …

USI’s N.Y. Office Appoints Exec to Assist Clients’ Workplace Wellness Programs

USI Insurance Services’ metropolitan New York office recently appointed Karen Smith as director of its new clinical solutions department. In her role, Smith assists clients in creating workforce wellness programs that address the modifiable health care costs and trends impacting …

New Iowa Health Co-Op Announces Insurance Plan Details

A new health care cooperative is working to offer Iowa residents two insurance plans that rely on a specific hospital network, the nonprofit announced. CoOportunity Health said they partnered with the University of Iowa Health Alliance to create the plans, …

Insurer Backing Detroit Bonds Opposes City Plans

An insurance company that backs more than $170 million in Detroit bonds says it opposes a plan by the city’s state-appointed emergency manager to restructure the city’s finances. Ambac Assurance Corp. said in a statement issued on July 8 that …

Iowa Insurer’s Cash Reserve Size Questioned

Two state senators want Iowa to investigate whether the state’s dominant health insurer really needs $1.3 billion in reserves. Sens. Jack Hatch and Matt McCoy, both Des Moines Democrats, are skeptical about Wellmark Blue Cross & Blue Shield‘s reserves because …

Texas Judge Allows Insurer’s Lawsuit Against Armstrong to Proceed

A Texas judge has refused Lance Armstrong’s request to dismiss an insurance company’s lawsuit seeking $3 million in bonuses it paid him from 1999 to 2001. Nebraska-based Acceptance Insurance Holdings sued Armstrong, saying he cheated by using performance-enhancing drugs to …

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