October 19, 2009
Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and acquisition (M&A) activity continued declining to just 30 announced transactions between July and September. This quarterly activity follows …
October 19, 2009
A new report shows a continuing trend of recovery for the medical malpractice industry in Florida that had been experiencing double-digit rate increases and lack of availability prior to legislative reforms enacted in 2003. The report shows a net decline …
October 19, 2009
Unisource Program Administrators (UPA), a workers’ compensation wholesaler headquartered in Oklahoma City, has expanded services to all 50 states. In addition, the company named Barbara Drollinger, a 20-year workers’ compensation expert, vice president of strategic relations. Drollinger previously served as …
October 19, 2009
10 The number of states now reporting an international mail fraud scheme involving a bogus letter said to be from Nationwide Insurance. Residents in 10 states have received counterfeit checks bearing the Nationwide name. Each check has been issued in …
October 16, 2009
For seven years every October the Insurance Industry Charitable Foundation has held its annual charity golf tournament to benefit children. But this year is different. For one thing, the venue has been moved to the Arroyo Trabuco Golf Club, in …
October 16, 2009
Westrope General Insurance Agency, of Kansas City, Mo., has hired Chris Frost, who joins the company as a production underwriter in the company’s office in Irvine, Calif. Frost has experience underwriting all classes of commercial general liability, garage liability, excess …
October 16, 2009
California no longer allows an individual to buy a life insurance policy for investors, and anyone who handles the sale of second-hand life insurance policies–so-called life settlements–must be licensed. Senate bill 98 prohibits the sale of an existing life insurance …
October 16, 2009
Studies on whether mobile phones can cause cancer, especially brain tumors, vary widely in quality and there may be some bias in those showing the least risk, researchers reported this week. So far it is difficult to demonstrate any link, …
October 15, 2009
Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12 letter addressed to Bruce …
October 15, 2009
An earthquake rattled parts of Alameda County in Northern California this week. The U.S. Geological Survey says a quake with a preliminary magnitude of 3.7 hit around 8:27 p.m. Tuesday about three miles (five kilometers) south of Pleasanton, and about …