Pennsylvania Commissioner Diane Koken has released enforcement actions and market conduct examinations taken in March against insurance producers and companies licensed to conduct business in the Commonwealth. Enforcement actions are taken after an investigation reveals violations of Pennsylvania statutes or …
The Senate Judiciary Committee on Friday passed S. 274, the Class Action Fairness Act of 2003, legislation that would reportedly help rein in out-of-control class action awards by limiting the practice of “venue shopping” and allowing many cases to be …
EMC Insurance Group Inc.’s majority shareholder, Employers Mutual Casualty Company, Announces Stock Purchase Program to Maintain 80 Percent Ownership Threshold Employers Mutual Casualty Co. today announced that it will purchase up to 30,000 additional shares of its publicly traded holding …
Combined Group, a Carrollton, Texas based MGA, announced the launch of BOPExpressTM, a single entry multiple carrier Business Owners Policy (“BOP”) quoting environment. Initially, this offering will only include Travelers’ BOP product; however, other carriers will be added after launch …
InsureVianet announced it has expanded the number of states for its online Executive Liability Suite by 16 additional states and the District of Columbia, bringing to 38 the total number of states in which the company offers its online small …
The Grand Rapids, Mich.-based Foremost Insurance Group of companies is modifying underwriting guidelines for current mobile home and non-standard homeowner customers who are being militarily deployed and are leaving an unoccupied home behind. Effective immediately, Foremost mobile home and non-standard …
InsureVianet announced today it has expanded the number of states for its online Executive Liability Suite by 16 additional states and the District of Columbia, bringing to 38 the total number of states in which the company offers its online …
Nuts & Bolts: Superior Access expanded its personal umbrella programs with two new carriers, both rated “A” (Excellent) by A.M. Best. Agent commissions are 10 percent on both new and renewal business for both programs. Dollars: Program 1:limits from $500,000-$2M.Underlying …
An affiliate of Fargo, N.D.-based Community First Bankshares Inc. has acquired the Carr Agency, an insurance agency in Thornton, Colo. The acquisition marks Community First’s 13th insurance agency acquisition in Colorado. Community First CEO Mark Anderson said in a statement …
Kansas City Life Insurance Company and The GuideOne Group of Companies, based in West Des Moines, Iowa, have signed a definitive agreement under which Kansas City Life will buy all of GuideOne Life Insurance Company’s issued and outstanding shares of …
