March 25, 2010
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved the renewal of the Certificates of Authority for nine companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These nine companies …
March 23, 2010
Facing trial on March 22, the former head of Louisiana’s property insurer of last resort pled guilty to theft of around $30,000 from Louisiana Citizens Property Insurance Corp. and two related insurance organizations. Terry Lisotta had faced 14 counts of …
March 23, 2010
21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …
March 22, 2010
Kinsale Capital Kinsale Capital Group has formed a Virginia-based E&S insurer, called Kinsale Insurance Co., which will underwrite commercial property/casualty and professional liability E&S lines in 31 states and the District of Columbia. The company said it is applying for …
March 22, 2010
Cheryl Celcer has joined wholesale insurance provider Swett & Crawford after a nearly 30-year career with The Hartford, in which she held the position of executive select customer sales representative. Celcer will work out of her office in Oklahoma City. …
March 22, 2010
$51 Million A jury in Tarrant County, Texas, awarded a suburban Fort Worth couple a $51 million verdict against a politically influential Texas homebuilder. Robert and Jane Cull of Mansfield won the verdict against Perry Homes in a suit that …
March 22, 2010
Other Bills in Package Mostly ‘Clean-Up’ In a briefing session to introduce a package of bills supported by the Louisiana Department of Insurance for the upcoming legislative session, Insurance Commissioner Jim Donelon described the state’s insurance market as being in …
March 22, 2010
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. Couriers Market Detail: RLI Transportation’s courier coverage for vans, pick-ups and straight trucks must have …
March 22, 2010
U.S. Congressman Charlie Melancon (LA-03) sent a letter to the nation’s top fire official requesting his assistance in protecting homeowners from toxic Chinese drywall. In his letter to U.S. Fire Administrator Kelvin Cochran, Congressman Melancon noted that corrosion of electrical …
March 22, 2010
A new national survey finds that California’s lawsuit climate is among the worst in the country and on par with states including Alabama, Louisiana, and West Virginia. Among local jurisdictions, Los Angeles’ courts were mentioned as the second worst in …