April 5, 2010
$30.8 Million The dividend announced by Kentucky’s major workers’ compensation insurance carrier after several weeks of political pressure. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 million surplus as a premium reduction …
April 5, 2010
Many U.S. states are worried that the health care overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced …
April 2, 2010
An Alabama trucking company involved in a crash that killed 11 people in Kentucky had a poor safety rating from federal regulators, repeatedly failing roadside inspections. The Federal Motor Carrier Safety Administration gave Hester Inc. a “deficient” rating of 88.4 …
April 1, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of VICTORE Insurance Company (VIC) of Oklahoma City, both with stable outlooks. The ratings reflect VICTORE’s current “modest underwriting leverage, sound balance …
March 30, 2010
Tennessee officials are trying to shut down operations of two Robertson County companies accused of defrauding more than 12,000 consumers nationwide who sought affordable health insurance. Some of the $14 million that Springfield-based American Trade Association and Smart Data Solutions …
March 24, 2010
He bills himself as Atlanta’s “only live insurance agent” — and he brings insurance to life on his Atlanta Insurance Live video blog and Web site at atlantainsurancelive.com. Insurance entrepreneur Chris Jordan has been profiled by Inc. magazine in a …
March 23, 2010
Many U.S. states are worried that the healthcare overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced on …
March 23, 2010
Republican attorneys general in at least 12 U.S. states warned Monday that lawsuits will be filed to stop the federal government’s healthcare reform bill from encroaching on states’ sovereignty. The lawsuits were announced hours after the U.S. House of Representatives …
March 23, 2010
Jay Patel stands behind the counter at his Discount Liquors store here on Lake Weiss, waiting as a customer tries to decide just how much Jack Daniels he can afford. “Not that one,” the young man says as Patel reaches …
March 23, 2010
21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …