Florida-based AssuredPartners Inc. has acquired the Neace Lukens, a Kentucky-based insurance agency, as part of a plan to build a national insurance brokerage firm. AssuredPartners is a member company of GTCR, a Chicago private equity firm that invests in companies …
Morgantown, West Virginia fire officials are trying to prevent the spectacle of nationally televised street fires after a big football game Saturday night by ordering hundreds of people to remove furniture and other flammable materials from their properties. The Dominion …
A western Kentucky lawmaker is trying to find a compromise in the debate over a law that requires slow-moving vehicles to display a reflective triangle, a requirement that Amish men say infringes on their religious beliefs. Republican Sen. Ken Winters …
Independent reinsurance broker Holborn Corp. has appointed Arthur Dougherty as a senior vice president in the firm’s New York City headquarters. Dougherty is an industry veteran, having worked more than three decades in the reinsurance business. He comes from Pearl …
The last wrongful death lawsuit remaining from the Sept. 11 terrorist attacks has been resolved with a settlement, according to an attorney for the family of a passenger on a plane that was flown by hijackers into the World Trade …
A former northeastern Pennsylvania insurance executive has been sentenced to 5 1/2 to 16 1/2 years in state prison in what prosecutors said was a pyramid scheme worth at least $7 million. Brian Murray, 68, former head of Murray Insurance …
Cooper Gay Swett & Crawford (CGSC) is the largest independent (i.e. privately owned by its employees and private equity funds) global wholesale and reinsurance broker. Over 1,400 professionals work in some 60 offices on four continents. “In this globalized world …
U.S. Senators Thad Cochran (R-Miss.) and Roger Wicker (R-Miss) say they are hopeful that a key Senate committee will this week approve legislation to direct a significant portion of federal fines paid by BP for the Deepwater Horizon oil spill …
A federal appeals court handed car owners a victory by striking down a requirement that they arbitrate warranty disputes with dealers. Reversing a lower court ruling, the 9th U.S. Circuit Court of Appeals agreed with a Porsche 911 Turbo owner …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to ‘aa+’ from ‘aa’ of Philadelphia Insurance Companies and its members, and has revised its outlook on the …
