$1 Million The amount a federal judge has ordered jailed Alabama outdoorsman Edmond H. “Eddie” Smith IV to pay to an insurance firm that accused him of filing a bogus post-Hurricane Katrina damage claim for a riverfront mansion near Mobile. …
The Property Casualty Insurers Association of America (PCI) elected new officers during its annual meeting in Boston recently. Robert Joyce, chairman and chief executive officer of Westfield Group, was elected as the association’s new chair; John Blackburn, CEO of Country …
Mississippi Attorney General Jim Hood threatened to indict the chairman of State Farm Insurance Companies if the insurer didn’t settle lawsuits over thousands of Hurricane Katrina claims, according to the testimony of Lee Harrell, the state’s deputy commissioner of insurance. …
2% Texas has used only 2 percent of more than $500 million in federal aid for homeowners and communities hit by Hurricane Rita more than two years ago, a state audit found. State Auditor John Keel found that more than …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. General Liability – Builders and Subs Market Detail: Beecher Carlson is offering primary and excess …
The Senate today passed the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2007, legislation that will extend the federal terrorism insurance backstop. The current federal terrorism reinsurance program commonly known as the Terrorism Risk Insurance Act (TRIA) is scheduled …
Risk Placement Services has named Jennifer Klassen a broker in Scottsdale, Ariz., office. She is a graduate of Florida State University with a Bachelor’s in Risk Management. A large part of her career has been in the Southeast, focusing on …
Some Alabama children who take the bus to school will be buckled-up during the trip for the first time next year thanks to a grant awarded by a special panel Gov. Bob Riley appointed. Riley convened the Governor’s Study Group …
A federal judge has ordered jailed Ala. outdoorsman Edmond H. “Eddie” Smith IV to pay more than $1 million to an insurance firm that accused him of filing a bogus post-Hurricane Katrina damage claim for a riverfront mansion near Mobile. …
Merck & Co. said last Friday it will pay $4.85 billion to end thousands of lawsuits over its painkiller Vioxx in what is believed to be the largest drug settlement ever. Merck faced personal injury lawsuits representing 47,000 plaintiffs, and …
