Disciplinary actions taken by Commissioner of Workers’ Compensation Albert Betts in February and March 2008 totaled $63,800 for violations of the Texas Workers’ Compensation Act, the Texas Department of Insurance announced. Commissioner’s orders are subject to appeal to state district …
Grange Mutual Casualty Co. announced today that Randy Montelone will retire at year end after 29 years of service with the company. Tom Welch, current president of Grange Life Insurance Co., a Grange subsidiary, will be assuming the role of …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of National Fire & Casualty Company (NF&C) of Bloomington, Ill., a subsidiary of WBL Corp., and has revised the outlook …
The nation’s bank holding companies experienced a slight increase of 0.5 percent in their total insurance revenue from $43.5 billion in 2006 to $43.7 billion in 2007. Citigroup Inc. (N.Y.), Wells Fargo & Co. (Calif.), HSBC North America Holdings (Ill.), …
Illinois doctors will get a refund collectively worth $11 million from the state’s largest medical malpractice insurer. The Illinois State Medical Insurance Exchange says claims are down. That means doctors will get credits when they renew their policies. Individual doctors …
The clash between the states and the federal government over nationwide rules to make driver’s licenses more secure has ended — for now. A truce, of sorts, between the 50 states and the U.S. Department of Homeland Security, has kicked …
Fitch Ratings has affirmed the ‘A-‘ insurer financial strength (IFS) ratings of Imagine Insurance Company Limited (Imagine) and Imagine International Reinsurance Limited with stable outlooks. “The affirmations reflect Imagine’s good operating results, historically strong capital formation rate, and the continued …
Indiana Insurance, a Liberty Mutual Agency Markets regional company, recently announced that it is hosting four Safer Schools Seminars in Illinois during April. Designed for superintendents, principals, resource officers, and risk managers, these free, half-day seminars inform school officials on …
State Farm Fire and Casualty Co. wants a federal judge to sanction two sisters who secretly copied Hurricane Katrina claims documents and gave them to a Mississippi lawyer whose clients were suing the company. Cori and Kerri Rigsby copied thousands …
Michigan-based J.M. Wilson recently announced three new staff members, Danielle Crandell, Eric Maus and Jeanne Callan. Danielle Crandell was hired as a transportation underwriter. She will service commercial trucking accounts for customers in Ohio, Kentucky, Pennsylvania and West Virginia. She …
