October 13, 2008
A month after Hurricane Ike pounded the island, piles of sheetrock, appliances, furniture and family mementos dot most streets in Galveston. Electronic road signs in Southeast Texas flash, “Watch for cows next 20 miles,” a reminder that few fences remain …
October 10, 2008
For the second straight year, data gathered by State Farm Insurance shows that vehicles are most likely to collide with deer in West Virginia — a one in 45 chance. That’s up from a year ago when the odds were …
October 9, 2008
Michigan’s new insurance consumer advocate wants the state to investigate Allstate Insurance Company. Melvin “Butch” Hollowell said Tuesday the insurer reported that Michigan’s drivers drastically reduced accidents for several years in a row. But the Detroit Free Press reports the …
October 8, 2008
Ben Blackmon has been named zone vice president of the State Auto Middle Market Insurance (SAMMI) Midwest Zone office in Naperville in suburban Chicago. Blackmon began his insurance career as an independent insurance agent in Maryland. After selling his agency …
October 8, 2008
Nearly 100 pharmacists and the hospitals they work for face fines for failing to remove a blood thinner from their shelves after a federal recall last winter, a California state agency said. The recalled drug heparin was found 94 times …
October 7, 2008
Iroquois Group Great Lakes recently announced that it has added Tonya Wentz as regional manager for the state of Illinois. Prior to joining Iroquois, Wentz worked with Pekin Insurance and Royal and Sun Alliance, as well as with broker Willis …
October 6, 2008
Midwestern reaction to a proposed bail out of insurance giant American International Group (AIG) has been varied. In Chicago Mayor Richard Daley is not happy about the Federal Reserve Bank’s decision to provide an $85 million bailout of AIG. Daley …
October 6, 2008
American International Group Inc. (AIG) named Edward M. Liddy as chairman and CEO. He succeeds Robert B. Willumstad. Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that role. Liddy joined the private equity firm …
October 6, 2008
Federal vs. state—AIG “This argument is fundamentally flawed because it is based on a totally inaccurate assumption of facts. First and foremost, AIG is not an insurance company; it is a federally-regulated holding company under the jurisdiction of a federal …
October 6, 2008
American International Group Inc. (AIG) named Edward M. Liddy as chairman and CEO. He succeeds Robert B. Willumstad. Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that role. Liddy joined the private equity firm …