Travelers has launched a new insurance product for the plastics industry that will provide a range of commercial covers including property damage, business interruption, employers’ liability, public and products liability and professional indemnity for businesses within the plastics and rubber …
A U.S. bankruptcy court judge has ordered a forensic accountant to take control of businesses run by a Kaysville man suspected of taking $65 million from 700 investors. Dee Allan Randall’s companies include Horizon Mortgage & Investment, Horizon Financial & …
Judge Tom Stine has been sworn in to serve on the bench of the Nebraska Workers’ Compensation Court. Attorney General Jon Bruning opened and officiated the swearing-in ceremony, which took place in the Nebraska State Capitol’s Court of Appeals Courtroom. …
State officials have agreed to pay nearly $400,000 to settle two medical malpractice lawsuits stemming from treatments at University of Iowa Hospitals and Clinics in 2004. The State Appeals Board approved a $300,000 settlement in the case of a mother …
Atlantic Specialty Lines Inc. (ASL) announced it has acquired Financial Guarantee Underwriters Inc. and American Tri-State Underwriters Inc. Financial Guarantee Underwriters has been servicing the surplus insurance needs of the independent agents of Texas since 1989 while American Tri-State has …
Arthur J. Gallagher & Co. announced it has acquired S. A. Freerks & Associates Inc., headquartered in St. Louis, Mo. Founded in 1979, S. A. Freerks & Associates (SAFA) is a managing general agent and wholesale insurance broker which provides …
The National Association of Professional Insurance Agents has named Michigan-based JM Wilson Corp. as recipient of its 2011 Managing General Agency of the Year Award. The award recognizes outstanding achievement in furthering the interests of agents, a commitment to the …
A Houston man has pleaded guilty to a charge related to selling fraudulent insurance policies, including one to a company that owned a tour boat which capsized in a New York lake in 2005, killing 20 tourists. Federal officials say …
For the second time in three years, one of the largest homeowners in Alabama has indicated it will not raises rates along the coastline in lieu of a statewide average five percent increase on inland properties. State Farm announced that …
Florida has added its first reinsurer from the United Kingdom to a list of reinsurers taking advantage of a state law that reduces reinsurers’ capital requirements. In an effort to attract more private capital to the state, lawmakers in 2009 …
