October 20, 2008
Being the sixth-largest state in the nation, and one of the fastest-growing, makes Arizona an attractive place to live and do business. And that means the state is desirable from an insurance perspective, too, according to Christina Urias, the state’s …
October 20, 2008
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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …
October 16, 2008
The nation’s bank holding companies increased their total insurance revenue 9.5 percent to $23.7 billion in the first half of 2008 from $21.7 billion during the same period in 2007. CitiGroup (N.Y.), Wells Fargo & Co. (Calif.), and BB&T Corp. …
October 16, 2008
During recent Congressional hearings into the financial crisis at American International Group (AIG) and the resulting $85 billion federal bailout for the financial giant, Rep. Elijah Cummings, D-Md., asked former AIG CEO Martin Sullivan whether, given the firm’s troubles, he …
October 16, 2008
Federal prosecutors have filed a civil lawsuit against a Navy commander from Maryland’s Anne Arundel County who was granted a Purple Heart for injuries he claimed to have suffered when a plane crashed into the Pentagon on Sept. 11, 2001. …
October 9, 2008
Municipal officials in Pocomoke City, Maryland have begun the cleanup at the city’s primary Public Works building, the scene of a fire Sunday that fire investigators say was intentionally set. Mayor Michael McDermott says authorities are speaking with persons of …
October 9, 2008
Marietta, Pennsylvania-based Donegal Group Inc. reported that its net income for the third quarter of 2008 will reflect realized investment losses related to its equity securities and claim activity resulting from Hurricane Ike in Ohio and western Pennsylvania on September …
October 9, 2008
The Maryland Automobile Insurance Fund (MAIF) has been granted a 45-day deferral of a decision that might have allowed MAIF to reduce rates by nearly five percent, according to Maryland Insurance Commissioner Ralph S. Tyler. Executives of the state fund …
October 8, 2008
Ben Blackmon has been named zone vice president of the State Auto Middle Market Insurance (SAMMI) Midwest Zone office in Naperville in suburban Chicago. Blackmon began his insurance career as an independent insurance agent in Maryland. After selling his agency …
October 8, 2008
Lawmakers criticized American International Group Inc. Tuesday for ignoring financial warnings and for executive compensation deals and lavish spending, including a company gathering at an expensive resort just days after getting an $85 billion rescue loan. Former top executives, who …