Len Kline and his business partners, the private equity firms Parthenon Capital and Century Capital Management, had an ambitious goal when they created Kansas City, Mo.-based Ascension Insurance Inc. in late 2007. They would grow Ascension from zero revenue to …
Insurance administrator CRM Holdings is being sued for $405 million by New York’s workers compensation board and faces a separate $150 million lawsuit by the state attorney general over its alleged fraud in the management of its workers’ compensation business …
Oklahoma will receive almost $40 million to fund environmental cleanup and restoration at contaminated mining sites in the state, Oklahoma Attorney General Drew Edmondson said. Texas will receive about more than $80 million for contaminated sites near El Paso and …
Drunken driving fatality rates have fallen in 40 states and the District of Columbia, an encouraging sign that crackdowns are improving highway safety. The Transportation Department said that 11,773 people were killed in drunken driving crashes in 2008 for a …
The Arizona Department of Insurance Fraud Unit and the Mesa Police say they arrested two suspects this week accused of staging a slip-and-fall accident for insurance money, using the unlikely prop of a hot dog. Authorities charged the suspects, identified …
Members of the National Association of Insurance Commissioners (NAIC) have elected their 2010 officers at their Winter National Meeting in San Francisco. The new officers are: President: West Virginia Insurance Commissioner Jane Cline; President-Elect: Iowa Insurance Commissioner Susan Voss; Vice …
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. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …
According to the U.S. Bureau of Labor Statistics, the seven fastest growing industries between now and 2016 are: Management, Scientific and Technical Consulting Services; Individual and Family Services; Home Health Care Service; Securities, commodity contracts and other financial investments and …
Insurance agents are pleased that the House of Representatives is paying attention to the estate tax but want lawmakers to seize the opportunity to reform the tax rather than simply extend current provisions. Yesterday, the U.S. House of Representatives passed …
Worcester, Mass.-based The Hanover Insurance Group Inc. announced that it has entered into a renewal rights agreement with OneBeacon Insurance Group as part of its goal to strengthen its competitive position and expand in western states. Through the agreement, The …
