The National Association of Insurance Commissioners (NAIC) honored a Kansas Insurance Department official with a national award at the NAIC’s winter meeting this month. Larry Bruning, chief actuary at department, was one of two insurance department officials who were awarded …
An Omaha, Neb. businessman who’s facing several lawsuits accusing him of fraud has filed his own lawsuit. Bryan Behrens is suing Kansas City, Mo.-based Arch Insurance Co. saying it’s responsible for his defense costs, which now total about $250,000. Behrens …
The National Association of Insurance Commissioners (NAIC) has bestowed its first President’s Award for Distinguished NAIC Member Leadership to North Carolina Insurance Commissioner Jim Long. Long — who is retiring after 24 years as insurance commissioner — was presented with …
Premiums charged by the National Flood Insurance Program (NFIP) are inadequate to cover the risk and the program should re-examine its methods for setting rates, according to the U.S. Government Accountability Office (GAO). The 2005 hurricanes left the NFIP with …
The National Association of Insurance Commissioners (NAIC) recently announced that two state departments — the Illinois Division of Insurance within the Department of Financial and Professional Regulation and the North Dakota Insurance Department — have chosen State Based Systems (SBS) …
Kansas City, Mo.-based Rockhill Insurance Co. announced on Dec. 3 that it is entering the management & professional liability insurance sector under the leadership of industry veteran Peter McKeegan as senior vice president. Initially, McKeegan will focus on directors & …
Hiscox Ltd., an international specialist insurer, announced that it is expanding its US business and refocusing its reinsurance portfolio to take full advantage of market opportunities. The Group also noted that its ratings have been upgraded by Standard & Poor’s …
“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/Fort Worth Texas, area. Cunningham, like many Brooke franchise owners, is …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved thirteen companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These thirteen companies collectively employ approximately 26,500 employees in Texas. Under …
Brown & Brown, Conner Strong Florida- based Brown & Brown Inc. said it has agreed to acquire the small business insurance unit of Conner Strong Companies, Inc., which is headquartered in Cherry Hill, New Jersey. The small business insurance unit …
