Congress got a look yesterday at a draft of legislation to create a federal insurance office that would work on international insurance issues as well as monitor the insurance industry and insurers for anything that might be a threat to …
Arthur J. Gallagher & Co. announced it has acquired Fox Lawson & Associates LLC in St. Paul, Minn. Terms of the transaction were not disclosed. Founded in 1995, Fox Lawson & Associates is a compensation and human resources consulting firm …
California Insurance Commissioner Steve Poizner announced today that Golden State Mutual Life Insurance Company has been served an order of conservation and will discontinue selling new policies immediately. “My first duty is to protect policyholders,” said Commissioner Poizner. “For some …
In West Virginia, where there’s roughly one deer for every two people and the largest city boasts an annual deer hunt within its boundaries, it’s no surprise the animals pose a common hazard for motorists. This week, insurance giant State …
The Illinois Supreme Court has sided with health care providers who treated a mentally ill man who subsequently murdered his wife. In Brenda Tedrick, Adm’r Of The Estate Of Teresa Street, Deceased, et al., V. Community Resource Center Inc., et …
Sears Holdings Corp. agreed to pay a record $6.2 million to settle a lawsuit by the U.S. Equal Employment Opportunity Commission that the department store retailer illegally fired disabled workers. U.S. District Judge Wayne Andersen in Chicago approved the settlement …
PGI Commercial, headquartered in New Jersey, has introduced a hospitality insurance program in Illinois on an admitted basis. Coverage is provided by member companies of American Safety Insurance Group, which carry an “A” (Excellent) VIII rating by A.M. Best. The …
Aggressive Insurance, based in Irving, Texas, has announced a new aircraft insurance program. Aggressive is initially introducing the program in Florida, Georgia, Illinois, Indiana, Ohio, Oklahoma and Texas. The program administrator expects approvals in up to 40 states during the …
Authorities say the town of Homer, Illinois has been hit by a sudden wave of arson fires and attempted break-ins. Champaign County Sheriff’s Department investigators and an arson expert from the Illinois Fire Marshal’s office were in Homer most of …
A U.S. House panel abruptly postponed a hearing into accusations that Moody’s Corp. knowingly issued incorrect ratings after Republicans demanded more time to review a whistleblower’s complaint. Democratic leaders of the House Oversight and Government Reform Committee had planned to …
