Georgia News

Ex-Georgia Player’s Injury Insurance Lawsuit Dismissed

A judge has dismissed a former University of Georgia football player’s lawsuit against the university’s athletic association and one of its former employees. Junior cornerback Decory Bryant’s football career ended with a neck injury in a game against the University …

Texas Imperial Sugar Settles Property Claim for 2008 Georgia Explosion

Sugarland, Texas-based Imperial Sugar Co. has settled the property insurance claim for the February 2008 industrial explosion at its Port Wentworth, Georgia refinery for an aggregate of $345 million. A final $45 million payment on the claim is expected to …

Special Reuters Report: America’s Route to Recovery

When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school more …

Ratings: Catholic Knights, Direct General, Progressive Motor, Prime, Pathfinder, National Contractors, Seven Seas

A.M. Best Co. has downgraded the financial strength rating to ‘B’ (Fair) from ‘B+’ (Good) and issuer credit rating to “bb+” from “bbb-” of Catholic Knights of Milwaukee, Wisc. And has placed the ratings under review with negative implications. “These …

Georgia Father, Son Agents Charged with Defrauding Goodwill, Insurer

Georgia Insurance Commissioner John W. Oxendine said two Macon insurance agents — a father and son– have been arrested after being charged with keeping premiums paid to them for auto and business liability insurance by Goodwill Industries. Broadus W. Marshall …

Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known

It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance “factoids.” Why? …

People

Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher Carlson’s Darien, Conn., office. Prior to that, she served as …

2009 P/C Insurance Mergers, Acquisitions Large and Small

Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …

Georgia Insurance Chief Oxendine Defends Trips

WSB-TV reported that a lawsuit claims Insurance Commissioner John Oxendine — a Republican candidate for governor — took trips on the tab of a campaign contributor who asked for help in an insurance dispute. The federal lawsuit involves a dispute …

Peanut Corp. Executives Seek Insurance Policy Funds for Legal Costs

The president of bankrupt Peanut Corp. of America and three former managers are each seeking a piece of a $1 million corporate insurance policy for legal costs stemming from a salmonella outbreak. The nationwide outbreak sickened about 700 people and …