The 2008 Insurance Journal Agency E&O Survey, conducted Oct. 3 through Oct. 16, drew 1,042 respondents from 50 states; there were no respondents from the District of Columbia. The five states with the highest percentages of respondents were California (19.3 …
Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …
Aon Consulting announced that Mark Arian has joined the firm as executive vice president and leader of the Aon Consulting Corporate Transactions group, focusing on mergers and acquisitions. Arian and his team will be responsible for helping clients shape strategies …
22% The percentage of agents responding to an Insurance Journal survey who said they have cut unnecessary spending in response to the current financial crisis. Another 22 percent have taken steps to communicate more with their customers. About 15 percent …
Tom Hughston, executive vice president of North Texas-based Roach Howard Smith & Barton (RHSB), has been named to the board of directors of The Council of Insurance Agents & Brokers, a trade association representing domestic and international commercial insurance agents …
Stock Prices: The turbulent stock market is not sparing commercial property/casualty insurers. Through the first nine months of the year stocks are down 14 percent in the sector. M&A Activity: Despite the current equity markets, activity in the P/C insurance …
Illinois Attorney General Lisa Madigan has filed a lawsuit against a crib distributor for allegedly ignoring a nationwide recall of bassinets that can cause babies to suffocate. Madigan criticized federal regulators Wednesday for failing to take aggressive action against SFCA …
The U.S. Department of Housing and Urban Development is giving monies to several Midwestern states in the aftermath of flooding earlier in the year. Missouri received $11 million to help recover from flooding damage earlier this year. Flooding in May …
Several news organizations are reporting that Brooke Corp. and Brooke Capital Corp. have filed for Chapter 11 in Bankruptcy Court in Kansas as of Tuesday, Oct. 28. The company had lawsuits pending, including the Bank of New York Mellon and …
Iowa is set to receive another $23 million in federal money to repair flood damaged roads and bridges. The funds are part of $690 million being divvied up among 28 states by the U.S. Department of Transportation for disaster relief. …
