September 19, 2012
A former co-owner of auto service contract seller US Fidelis has been sentenced to more than three years in federal prison. Cory Atkinson of Lake St. Louis, Mo., was sentenced Sept. 18 in St. Louis. He pleaded guilty in June …
September 19, 2012
The Missouri Department of Insurance announced it has licensed its 25th captive insurance company. The state began allowing captive formation in 2007 and had just three licensees before Gov. Jay Nixon signed House Bill 577 in 2009. The 2009 law …
September 12, 2012
A former lawyer in Missouri’s St. Louis County is going to prison after embezzling nearly $500,000 in insurance settlements from dozens of clients. The U.S. Attorney’s office says 53-year-old Jonathan McKee was sentenced to five years in federal prison. He …
September 5, 2012
John M. Huff, director of the Missouri Department of Insurance, has been appointed chair of a national task force focusing on insurance regulation, the department announced. The Solvency Modernization Initiative was created by the National Association of Insurance Commissioners. Launched …
August 30, 2012
Missouri-based medical professional liability insurer, Keystone Mutual Insurance Co., has hired L. Richard Bargatze, Jr. as vice president of Sales for the company’s western region. Bargatze brings nearly 20 years of experience in the insurance industry to his new role. …
August 27, 2012
A 33-year-old St. Louis man has pleaded guilty in the 2007 death of a Missouri insurance agent. Cleo S. Hines pleaded guilty on Aug. 24 in St. Charles County Court to charges of robbery and second-degree murder. Hines and 35-year-old …
August 23, 2012
State regulators say mutual insurance companies that provide property coverage to rural Missourians will be financially stronger because of a new reinsurance requirement. Missouri Department of Insurance reports that a new state regulation requires each farm mutual to carry enough …
August 20, 2012
Many homeowners in Missouri are seeing the impact of the drought with cracked walls in the basement, forcing thousands of dollars in repair bills that insurance generally doesn’t cover. The St. Louis Post-Dispatch reports that basement repair companies are overwhelmed …
August 20, 2012
A lawsuit filed on Aug. 17 alleges that St. Louis, Mo., jailers forced inmates to fight each other for the amusement of guards and bet on the outcomes. At least one attack was captured on camera, according to the suit …
August 13, 2012
Democratic Sen. Claire McCaskill of Missouri stressed her support for federal crop insurance legislation and other rural interests on Aug. 10 while her new Republican challenger, U.S. Rep. Todd Akin, defended his opposition to past farm bills because of their …