U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $11.5 billion for third-quarter property losses resulting from a total of 11 catastrophes in 22 states — the fourth-largest insured property loss in a third quarter since 1998, …
Aon Consulting, the global human capital consulting organization of Aon Corp., announced that Chuck Longiotti has joined the firm as regional director of the Central West region. He will be based in Irvine, Calif., and will join Aon on Nov. …
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 …
An Illinois judge has tossed the confession of an East Peoria man accused of setting fire to a Peoria Heights house, ruling it was coerced by police who threatened him with charges of attempted murder. Monday’s ruling by Peoria County …
An Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 percent of Brooke’s stock. Trim Creek LLC of Crete, Ill., now owns 6.43 million shares of Brooke’s …
90 Percent Michigan says nine in 10 school buses passed safety inspections last school year. Ten percent failed the checks. Some could continue operating as long as defects were repaired within two months. Eight percent of the 17,220 buses checked …
Michigan’s new insurance consumer advocate wants the state to investigate Allstate Insurance Company. Melvin “Butch” Hollowell said on Oct. 7 that the insurer reported that Michigan’s drivers drastically reduced accidents for several years in a row. But the Detroit Free …
From tornadoes, hail and flooding to the impact of the AIG bailout and the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin Governor Jim Doyle on Jan. 1, …
Sunshine State High on List of States for Agency Acquisitions by Consolidators Behind Confie Seguros The movers behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300 million revenue company focused …
Have the free-wheeling, capitalism-at-all-cost titans of business who maintain the market will fix all ills had their day — at least for now? For the last 30 years deregulation has been all the rage — from the airline industry to …
