January 13, 2009
Some dams in Oklahoma do not have a state-required emergency action plan that outlines possible dangers and steps to protect residents in case of a breach and dozens of dams had not been inspected within the state-mandated one-year period, according …
January 11, 2009
CRC Insurance, TAPCO Underwriters CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp. principal subsidiary Branch Banking and Trust Co., plans to acquire TAPCO Underwriters Inc. The transaction was to be completed Dec. 31. Terms were not disclosed. …
January 11, 2009
750 A St. Louis company has recalled 750 pounds of sausage products that may be contaminated with a bacteria that can cause a potentially fatal illness. The U.S. Department of Agriculture said the sausage products were produced on Dec. 18 …
January 11, 2009
Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Euclid Insurance, Illinois American Insurance Agency Euclid Insurance Services Inc., has acquired …
January 11, 2009
The following mergers are in addition to those reported for the 2008 calendar year in Insurance Journal’s year-end issue, Dec. 22, 2008. CRC Insurance, TAPCO Underwriters CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp. principal subsidiary Branch …
January 11, 2009
Laws mandating stores only sell cigarettes that are slow-burning and fire-safe went into effect in five states on New Year’s Day, including Texas and Oklahoma. Those two states, plus Delaware, Iowa and Pennsylvania, joined 17 others in mandating the fire-safe …
January 11, 2009
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of individual insurance companies. According to the Consumer …
January 9, 2009
Democrats now in control of Delaware House of Representatives have announced their committee assignments for the upcoming legislative session. The Tourism Committee, which rarely met last session, is becoming part of the Economic Development, Banking, Insurance & Commerce Committee, which …
January 8, 2009
Availability and affordability in Florida’s voluntary workers’ compensation market overall is good, although small firms, new firms and construction firms might face affordability issues due to unique characteristics such as lack of historical risk experience and the nature of the …
January 7, 2009
Westfield Insurance will transfer its personal lines business in Delaware to The Main Street America Group’s NGM Insurance Co., Main Street said. Westfield, which is headquartered in Westfield Center, Ohio, entered Delaware in 2000 through the acquisition of Old Guard. …