Little Rock developer Aaron Jones, who was convicted of setting fire to his $1.6 million family home in an insurance scheme, has been taken into custody so he can start serving time pending a prison sentence. Arkansas Business reports that …
Western National Insurance Group (WNIG) of Edina, Minn. has agreed to purchase 100 percent of the stock of Arizona Auto Insurance Co. and Legacy Insurance Services, both headquartered in Phoenix. The purchase has been approved by the board of directors …
The Oklahoma Department of Insurance issued a bulletin reminding workers’ compensation insurance adjusters they must be licensed to operate in the state. Licensed workers’ comp claims adjusters also must complete six hours of ethics continuing education as part of the …
U.S. insurance executives report that despite improving market conditions, they remained concerned about their company’s performance and the industry’s ability to generate underwriting profit amid continuing economic concerns and the Dodd-Frank reform package. More than half (51 percent) of the …
I believe the future of independent insurance agencies is at a tipping point. A number of forces are pushing agencies toward the precipice of major change. A few of those forces include: legislation, case law, the Web, generational differences, the …
Kansas Insurance Commissioner Sandy Praeger has awarded a $1,000 scholarship to a University of Kansas minority student as part of a program established by an insurance company’s discrimination suit settlement. Danyel L. Bell, a senior accounting major at the KU …
Insurers have new incentives to go green, thanks to a new law signed by California Gov. Arnold Schwarzenegger. AB 1011, authored by Assembly Dave Jones, who is running for Insurance Commissioner, requires the state Department of Insurance to collect data …
Despite its enormous unpopularity among voters, the government’s Wall Street bailout plan succeeded much more quickly and at a lower cost than expected, a U.S. Treasury report released Tuesday said. “The Troubled Asset Relief Program has succeeded faster, and at …
Oregon’s Division of Insurance announced it is changing the order of the resident license application process to streamline the process so that producer applicants take required exams before submitting an application to the division. Currently, resident applicants schedule and take …
Climate change commentators have often spoken of capital markets as a source of funding, but many hurdles have to be overcome before institutional investors will allocate money to environmental projects in developing countries, according to Standard & Poor’s. There is …
