Editor’s Note: The following letter was sent to the president of American Insurance Association Gov. Marc Racicot. I read with interest your letter and news release calling for state insurance regulators to reconsider their opposition to an optional federal charter …
While the oil and gas market can be seen as including pipeline and distribution operations, petroleum and petroleum product wholesalers, fuel oil dealers and even gas stations, the dominant North American Industry Classification System class in this sector is arguably …
Novato, Calif.-based Fireman’s Fund Insurance Co. announced it will offer new uninsured/underinsured liability protection as an endorsement to its Prestige Excess policy – personal liability coverage that protects the customer from damages they incur due to the wrongful acts of …
Thousands of poor families don’t know whether they will get state aid they have been promised to help them buy insurance because the House and Senate still disagree on health care legislation. Legislators created the subsidy program last year and …
Warmer-than-normal weather conditions will persist through June in the southwestern, southern and southeastern United States, government forecasters said on Thursday. The National Oceanic and Atmospheric Administration also predicted in its spring forecast that most of the country will have an …
ASPN (Agency Specialty Product Network) announced it is expanding its regional territories from seven to 11 in the U.S. In addition to the five curent ASPN regional vice presidents, ASPN has added five new regional vice presidents to further increase …
A.M. Best Co. has withdrawn the financial strength rating of ‘A’ (Excellent) and assigned a category of NR-5 (Not Formally Followed) to Kansas-based KFBInsurance Company, formerly a wholly owned subsidiary of Farm Bureau Mutual Insurance Company, and a fully reinsured …
Worcester, Mass.-based The Hanover Insurance Group, Inc. said it will divest its non-insurance, premium finance subsidiary, AMGRO, Inc. and its subsidiaries, to Premium Financing Specialists, Inc. of Kansas City, Missouri. The transaction is expected to close in June, subject to …
Overland Park, Kan.-based Brooke Capital Corp. recently announced that Keith Bouchey, a member of its board of directors, has resigned as a director effective immediately. Brooke Capital Corp. is an affiliate of Brooke Corp. that operates a life insurance company …
The National Association of Mutual Insurance Companies (NAMIC) has announced that Mark Johnston has joined the association as state affairs manager for the Midwest region. Johnston is a former health insurance lobbyist from St. Louis, Mo. Johnston will advocate on …
