Montgomery Insurance Co. Regional Vice President Nancy Newmister has been named the Independent Insurance Agents of North Carolina’s (IIANC) Company Professional of the Year. The award was presented to Newmister during the IIANC’s annual conference held recently in Asheville. IIANC …
CVS, the nation’s largest operator of retail pharmacies, announced it has agreed to pay $75 million in fines for allowing repeated purchases of pseudoephedrine that led to a spike in Southern California drug trafficking. In order to comply with federal …
Georgia voters going to the polls on Nov. 2 will have a choice when it comes to electing the state’s next insurance commissioner. The Democratic, Republican and Libertarian candidates cite different priorities; hold different positions on issues including credit scoring, …
Sean McGovern now heads Lloyd’s operations in the U.S. and Canada – the first and third largest sources of business for its underwriters. Lloyd’s not only wants to hold on to that business, but also to increase it. “We’re in …
When companies go out of business, their leaders often blame something other than their own performance for the failure. Lehman Bros.’s CEO Richard Fuld said his compensation package had nothing to do with his firm’s death in 2008. Ken Lay …
Medical malpractice insurers writing in Florida earned an average return on surplus of 6.6 percent in 2009, their sixth straight profitable year, although their profits were lower than in 2008. That’s one of the news items in the state’s 2010 …
This is the David versus Goliath story of how the Mallory Agency, a small independent insurance agency in LaGrange, Georgia, has faced off against bigger agencies and won. Its weapons: “face time,” professional training, and smart, not big budget, marketing. …
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. Roofers Market Detail: Leo Risk Services, a regional wholesale broker, has markets for roofing contractors …
More than 1,500 Louisiana homeowners saw their residences swept away by seizure during the third quarter of 2010, a national company that tracks foreclosures reported Oct. 14. Irvine, Calif.-based RealtyTrac said that in addition to 1,560 foreclosure sales, another 2,819 …
U.S. states can proceed with a lawsuit seeking to overturn President Barack Obama’s landmark healthcare reform law, a Florida judge ruled Thursday. U.S. District Judge Roger Vinson had said at a hearing last month that he would block efforts by …
