News

Ark Assurance Joins SPMP Group of Agencies

Ark Assurance Group in Tyler, Texas, has joined SBMP Inc. Ark Assurance was established in 1977 and is owned by Criss Sudduth and John Hinsley Jr. SBMP is a group of agencies based in Texas and currently has 30 locations …

Fire Manufacturing Plant Near Dallas Contained, Authorities Say

A fire at a chemical plant south of Dallas shot massive plumes of black smoke and bright orange flames into the sky on Oct. 3, forcing schoolchildren and residents to evacuate or take cover indoors to avoid possible exposure to …

Federal Flood Insurance Program Extended Until Nov. 18

The U.S. House of Representatives today passed legislation that keeps the government – and the federal flood insurance program– running until Nov. 18, 2011. The House vote (352-66) extends the National Flood Insurance Program (NFIP) until Nov. 18. The Senate …

Lockton Hires New Producer for D.C. Brokerage Team

Lockton Companies, a Kansas City, Mo.-headquartered insurance broker, hired Jenna Kirkpatrick Howard for its Washington, D.C., brokerage team as a producer. Prior to joining Lockton, she was construction practice leader in Wells Fargo Insurance Services’ Washington, D.C., office and worked …

Four More Years for California’s COIN

It’ll be four more years for California’s COIN tax credit program. California Gov. Jerry Brown has signed legislation to extend the sunset date on the California Organized Investment Network’s program, which was set to expire at the end of the …

Brown Signs Insurance Bill to Clarify Bond Requirements

California Gov. Jerry Brown has signed a bill that makes several changes to various state insurance code sections regarding agent licensing and training, administrative processes and previously enacted legislation. Assembly Bill 1416, which received unanimous in the state Legislature and …

RSA launches Global Specialty Lines

RSA has combined its risk managed and specialist businesses across the globe to create the Global Specialty Lines (GSL) division. Led by Paul Donaldson, group sales and broker relationships director, the GSL division is comprised of its specialist departments: Risk …

ACE Private Risk Launches Home Contents Valuation Service at Policy Inception

ACE Private Risk Services, the high-net-worth personal lines business of the ACE Group, has introduced a new service that provides guidance to homeowners and their agents about the value of the contents in their home. Home Contents Valuation capability, developed …

State Farm to Stop Insuring Churches in Florida

Florida churches are having to seek insurance elsewhere after one of the state’s provider of coverage to houses of worship has decided to leave the market. State Farm Florida recently announced it will exit the church market, a move that …

Some Texas Residents Say Seismic Testing is Damaging Homes

Some homeowners in southeast Fort Worth, Texas, say they have found damage to their homes that they believe was caused by recent seismic testing in their neighborhoods. The Fort Worth Star-Telegram reports that seismic testing has become routine in the …

News Archives by Month