A trucking company has agreed to pay $18 million to settle a lawsuit filed by the families of three women killed in a June 2006 crash. The parent company of Pro Logistics Inc. and two of its subsidiaries agreed to …
Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and second largest surety …
Main Street independent insurance agents could take a bigger hit than their larger counterparts as an economic recession lands on top of the soft market. The soft market coinciding with a bad economy is a real challenge for independent property/casualty …
Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents. Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, New York City and Long Island. Romano …
The Hartford and XL Insurance pursue insurance industry’s love affair with sports-related, 360-degree marketing The University of Kansas men’s basketball team may have been the big winner in the recent NCAA championship — but when it comes to the NCAA’s …
People Mullis Newby Hurst L.P., an Addison, Texas-based provider of construction insurance and surety bonds in Texas, promoted Jan Johnson to senior vice president and director of insurance. Johnson, a 26-year veteran of the insurance industry, has served as vice …
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. Liquor Liability Coverage Nuts & Bolts: Advanced E&S Insurance Underwriters recently announced the offering of …
President Calvin Coolidge noted that “All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.” That being the situation, the following 25 companies exerted a lot of effort and work during 2007. …
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 …
State officials told Congress this week that they are making progress in modernizing insurance regulation and that further improvements should be implemented by them as the debate in Washington over whether federal oversight of the industry is a good idea …
