June 1, 2010
The May Business Conditions Index for the Mid-America region advanced for a sixth straight month, pointing to a growing economy in the months ahead, according to the May Business Conditions survey of supply managers in the nine-state region. The index …
May 27, 2010
The North Carolina-based Smart Choice Agents Program, which says it currently provides personal and commercial lines markets for some 3,000 independent agencies in 32 states, is expanding into six additional states. The program is moving into Arizona, Colorado, Nevada, New …
May 27, 2010
The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …
May 26, 2010
The Arkansas Supreme Court has affirmed a lower court order certifying class action status in a case involving an insurer’s depreciation practices in property claims against “actual cash value” homeowners policies. In Farmers Union Mutual Insurance Company v. Randall and …
May 21, 2010
The Arkansas Department of Insurance has suspended the producer and agency licenses of Timothy Walley and the Tim Walley Insurance Agency Inc. of Little Rock for multiple alleged violations, including embezzlement and misappropriation of premium. According to the department, Walley …
May 20, 2010
A Springdale, Ark., insurance agent has won the Republican nomination in Arkansas for lieutenant governor. Mark Darr will face state Sen. Shane Broadway in the fall to take over the No. 2 spot vacated by Bill Halter, who’s challenging U.S. …
May 17, 2010
Alternative market insurance provider, Safety National in St. Louis, Mo., promoted Senior Vice President John Csik to the position of chief financial officer and treasurer. Csik takes over these positions from Duane Hercules, who will continue in his position of …
May 17, 2010
Alternative market insurance provider, Safety National in St. Louis, Mo., promoted Senior Vice President John Csik to the position of chief financial officer and treasurer. Csik takes over these positions from Duane Hercules, who will continue in his position of …
May 17, 2010
A federal jury has awarded a Jonesboro, Ark., church $43.6 million in its lawsuit against an insurance group that wasn’t licensed or authorized to sell insurance. Old St. Paul Missionary Baptist Church in West Memphis sued First Nation Insurance Group …
May 17, 2010
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Zenith National Insurance Group and its members, Zenith Insurance Company and its wholly owned subsidiary, ZNAT Insurance Company. Best …