February 8, 2009
The Job Engine “Small businesses are the job engine of this state. This increased exemption encourages the spirit of entrepreneurship and will help create new and better paying jobs for Texans.” —Texas State Representative Brandon Creighton. Creighton, who represents part …
February 8, 2009
1 in 4 About one in four Oklahoma drivers is uninsured, the fourth-worst rate in the nation, according to the Insurance Research Council, which studied data from 2007. The study found 24 percent of drivers in Oklahoma were uninsured. Only …
February 8, 2009
Stock Price: Commercial lines stocks mirrored those of major indices in 2008, trading down 14 percent. Mergers & Acquisitions: Middle market carriers continue to be major players in the acquisition market as they look to wholesalers and managing general agencies …
February 8, 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. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …
February 8, 2009
State Farm said it will resume selling renters insurance in parts of Mississippi away from the Gulf Coast. Company spokesman David Majors said that State Farm will still not be selling new homeowners policies anywhere in the state, but will …
February 8, 2009
No Scapegoats in Mississippi “We will continue to work with all companies in providing an available, accountable and affordable market in Mississippi, and look for solutions, not scapegoats, in solving the insurance crisis we are all facing.” —Mississippi Commissioner of …
February 5, 2009
A.M. Best Co. announced it has downgraded the financial strength rating (FSR) to A- (Excellent) from A+ (Superior) and issuer credit rating (ICR) to “a-” from “aa-” of Farm Bureau County Mutual Insurance Company of Texas (County Mutual), headquartered in …
February 2, 2009
The U.S. recession and credit crisis have stalled a financing program created to help Louisiana recover from 2005’s devastating hurricanes, the southern state’s secretary for economic development told Reuters. To urge companies in Louisiana, Alabama and Mississippi to rebuild after …
January 30, 2009
State Farm says it will resume selling renters insurance in parts of Mississippi away from the Gulf Coast. Company spokesman David Majors said that State Farm will still not selling new homeowners policies anywhere in the state, but will sell …
January 29, 2009
About one in four Oklahoma drivers is uninsured, the fourth-worst rate in the nation, according to a recent study. The study by the Insurance Research Council, which includes data from 2007, shows 24 percent of Oklahoma motorists have no insurance …