January 25, 2009
Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/ owner of RKC Financial in the Dallas/Ft. …
January 25, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Mono-line Property for Coastal Exposures Market Detail: CATalyst Property Insurance from Venture Programs gives agents …
January 23, 2009
Willis HRH, the North American retail division of Willis Group Holdings, the global insurance broker, has named Mike Phillips as regional growth leader for its South Central Region and David Hofele as regional growth leader for its West Region. Phillips …
January 23, 2009
An alleged Ponzi scheme by a Grand Island insurance agency that recently filed bankruptcy listing more than $100 million in debt is being investigated. Attorney General Jon Bruning this week authorized the State Patrol’s investigation into First Americans Insurance Service …
January 22, 2009
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual has decided to join them. …
January 20, 2009
Makers of handmade toys, secondhand stores and others who make or sell children’s products fear that new government regulations could soon put them out of business. At issue is the Consumer Product Safety Improvement Act, passed by Congress last year …
January 15, 2009
Nebraska has fallen out of the mainstream when it comes to smoking-related laws, but that could change. Thirty-seven states have passed laws requiring that all cigarettes sold in their states be fire-safe. Nebraska is not among them, but the state …
January 15, 2009
MSI GuaranteedWeather, LLC, a provider of weather risk management products, has formed Vortex Insurance Agency, LLC in Overland, Kansas to sell weather risk insurance products to businesses. The weather risk line is being offered in cooperation with Mitsui Sumitomo Insurance …
January 15, 2009
Former Iowa Insurance Commissioner Therese M. Vaughan, Ph.D., has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), effective Feb. 18, 2009. Vaughan replaces Catherine J. Weatherford, who left the NAIC in July 2008. Andrew Beal, …
January 14, 2009
A new report finds Louisiana is among 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. The 55-page study was done by Advocates for Highway and Auto Safety, …