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California’s Align Financial, Excellere Form Non-standard Auto Insurer

San Diego, Calif.-based Align Financial Group LLC has partnered with private equity firm Excellere Partners, of Denver, to form Personable Holdings Inc., an independent, non-standard auto insurance provider. Personable Holdings recently acquired the non-standard auto insurance operations of Align General …

SNL Buys Summit Media’s Financial Information Unit, Highline Data

Summit Business Media has sold its insurance financial information unit. Another financial information firm, SNL Financial, said it has acquired the Summit Business Media insurance information services unit, Highline Data, which resells insurance company data from regulatory agencies. Terms were …

Jones Explains New California Workers’ Comp Calculations at Public Hearing

California Insurance Commissioner Dave Jones explained during a public hearing in Sacramento on Tuesday why the Workers Compensation Insurance Rating Bureau is restructuring how the state’s workers’ compensation pure premium rate is calculated, a move that was supported by the …

Robinson Joins Iroquois as Regional Manager of California

San Jose-resident Staci Robinson has joined Iroquois Southwest as a regional manager for California. Robinson has more than 14 years of insurance experience, having worked as a territory manager with a major carrier after working on the product development side …

State Fair Collapse Suit Challenges Indiana’s $5M Tort Cap

An Indiana law that caps the state’s liability for damages at $5 million for a single event violates the U.S. and state constitutions and should be thrown out, six plaintiffs suing over the deadly collapse of an Indiana State Fair …

Kinsey Named Senior VP in Lockton’s St. Louis Office

Insurance broker Lockton has expanded its healthcare practice with the addition of Hal Kinsey as senior vice president, director, healthcare, in its St. Louis, Mo. office. Kinsey has extensive experience in developing professional liability insurance programs for healthcare organizations. He …

Arkansas Insurance Commissioner Seeks Exchange Support

Arkansas’ top insurance official has asked lawmakers to support the state’s application for a nearly $3.8 million grant to plan for creating an insurance marketplace under the health care law, money that Gov. Mike Beebe says he won’t seek unless …

Higginbotham Promotes Bateman in Dallas

Higginbotham & Associates has promoted commercial insurance broker Mike Bateman to its managing director group for 2012. Bateman, who joined Higginbotham’s Dallas office in 2004, was promoted from account executive. With this addition, Higginbotham has 38 managing directors who collectively …

Ad Campaign Seeks Limits on Civil Lawsuits in Louisiana

A coalition of business groups is using an advertising campaign to try to persuade Louisiana’s legislature to limit lawsuits including over asbestos injury claims. Two organizations representing a list of business lobbying groups and others are putting $70,000 into 30-second …

Independent Agents Worried About Nationwide/Harleysville Deal

Northeastern independent agents with Harleysville appointments said they are leery about the reported Nationwide/Harleysville deal and have lots of questions. According to a report by Bloomberg last Friday, giant Nationwide Mutual Insurance is in talks to purchase Pennsylvania-based regional property/casualty …

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