November 3, 2009
Raleigh, North Carolina-based BB&T Insurance Services, the nation’s seventh largest insurance broker, said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Co. Inc. of Fort Myers. Terms were not disclosed. In addition to its …
November 1, 2009
$12.1 Million Cumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG …
November 1, 2009
The Georgia Supreme Court has ruled that injured motorists are not entitled to maximize their coverage by combining commercial auto insurance policies on several vehicles to cover one accident, a tactic known as stacking. The state’s high court reversed a …
November 1, 2009
Leon County Circuit Court Judge John C. Cooper has granted a request by state insurance officials to place American Keystone Insurance Co. in Ponte Vedra Beach into state receivership to be liquidated. American Keystone (AKIC), a Florida insurer licensed in …
November 1, 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 …
November 1, 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 …
November 1, 2009
Over the past 10 years, the number of employees filing individual discrimination charges against their employers has increased by 20 percent, resulting in $274.4 million in monetary benefits paid out in 2008, according to the Equal Employment Opportunity Commission (EEOC). …
November 1, 2009
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. Apartments Low Income Subsidized Housing Market Detail: Housing Insurance Services offers programs through two admitted …
October 30, 2009
Pennsylvania-based Donegal Mutual Insurance Co. and Georgia-based Southern Mutual Insurance Co. have finalize an affiliation they announced in early September. The deal brings Southern Mutual into Donegal’s insurance pool and gives the Georgia insurer additional products to sell. Southern Mutual …
October 30, 2009
San Mateo, Calif.-based retail insurance broker Edgewood Partners Insurance Center (EPIC) has appointed Kenyon C. Hall as principal and vice president of property broking. A Georgia native, Hall will be based in Atlanta. For the past 10 years, Hall has …