June 15, 2009
As Georgians struggle to cope with an ongoing recession, their car and home insurance rates are on the rise. Hit hard by storms and losses on Wall Street, insurance companies have been hiking their rates this year in Georgia and …
June 15, 2009
10% The increase in Atlanta’s homeowners insurance rates that is possible unless the city hires more firefighters and improves fire training. Georgia Insurance Commissioner John Oxendine said a report by Insurance Services Office (ISO) that found Atlanta’s public protection classification …
June 15, 2009
A former Montgomery, Alabama insurance executive has been sentenced to 12 years in federal prison for mail fraud and embezzlement in his insurance business. U.S. District Judge Myron Thompson imposed the sentence on John Goff and ordered him to pay …
June 15, 2009
Dallas-based Sleeper Sewell Insurance Services Inc. announced that Von Breaux is now responsible for leading the company as part of his duties as recently named president and CEO of ANBTX Insurance Services Inc. Sleeper Sewell is one of the operating …
June 15, 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. Contractors General Liability Market Detail: London American Risk Specialists Inc. brings agents a commercial general …
June 10, 2009
PartnerOne Environmental, the underwriting division of Virginia-based wholesaler Beacon Hill Associates, says it can now offer workers’ comp coverage in conjunction with general liability or contractors pollution liability Coverage is provided by a group of A+ Rated insurance carriers with …
June 4, 2009
A former Montgomery, Alabama insurance executive has been sentenced to 12 years in federal prison for mail fraud and embezzlement in his insurance business. U.S. District Judge Myron Thompson imposed the sentence on John Goff and ordered him to pay …
June 3, 2009
Georgia’s top insurance regulator said Atlanta homeowners could be paying 10 percent more for their insurance unless the city hires more firefighters and shows it training is up to snuff. Georgia Insurance and Fire Safety Commissioner John Oxendine revealed the …
June 2, 2009
An insured who voluntarily agrees to pay a settlement that is not dictated by a jury verdict cannot sue its insurance company for bad faith failure to defend, even if the settlement is within the policy limits, the Georgia Supreme …
June 2, 2009
American International Group, Inc. (AIG) has named Eric Martinez, Jr. as chief executive officer of United Guaranty Corp. (UGC). UGC, based in Greensboro, North Carolina, is a provider of mortgage guaranty insurance. Martinez succeeds William V. (Billy) Nutt, who has …