August 20, 2009
A Kentucky League of Cities agency has stopped using a law firm where the husband of the League’s executive director works. The Lexington Herald-Leader reports the League’s Insurance Services board decided last week to immediately stop using the firm of …
August 10, 2009
A northern Kentucky city has stopped billing out-of-town drivers blamed for traffic crashes. The Kentucky Enquirer reports that Erlanger officials say the billing policy has become “a public relations nightmare” and it isn’t bringing in as much as originally projected. …
August 7, 2009
Much of the Kentucky Derby Museum’s prized collection is scattered on tables after extensive damage from flash flooding that hit Louisville. Insurance investigators toured the museum on Wednesday, a day after torrential rains flooded the basement where about half of …
August 4, 2009
Kentucky National Insurance Co., a Lexington-based property/ casualty insurance company, began offering insurance to customers in Tennessee June 1, 2009. Kentucky National is offering auto, homeowners, boat, renters, manufactured home, dwelling fire and excess liability insurance. The company’s insurance is …
August 3, 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. Vacant Property Market Detail: American Management Corp. offers property protection to owners of residential and …
August 3, 2009
Top 100 Privately-Held Property/Casualty Agencies Ranked by Total 2008 P/C Premium Written 2008 Rank Agency Name, Main Office 2008 P/C Premium Written 2007 P/C Premium % Premium Change 2008 Other than P/C Premium 2008 P/C Revenue 2008 Rank by Revenue …
August 3, 2009
Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …
August 3, 2009
State Policies, More Than Differences Among People, Tend to Influence Bankruptcy Rates Twenty-four percent of agents and brokers have had business customers go into bankruptcy in the past two years; another 24 percent have had customers file for personal bankruptcy, …
August 3, 2009
Insurance brokerage mergers and acquisitions in the second quarter of 2009 was nearly half of what is was during the second quarter of 2008. Just 39 transactions were announced from April through June compared to last year when 71 transactions …
July 30, 2009
A truck operator killed at a West Virginia surface mine on Tuesday has been identified. State mine agency spokeswoman Jama Jarrett said Wednesday that 28-year-old Mark Gray of Belle died Tuesday when his truck backed into a sediment pond at …