North Carolina officials said that they will conduct a new round of environmental testing around an Apex industrial waste plant destroyed by fire earlier this month. North Carolina’s Department of Environment and Natural Resource will test water, soil and indoor …
A Gulf Coast homeowner claims State Farm Fire & Casualty Co. coerced him into signing a statement that he is satisfied with its handling of his claim after Hurricane Katrina, even though it only paid for a fraction of the …
North Carolina independent insurance agents received kudos for leadership, service and dedication at this year’s annual convention. At the Independent Insurance Agents of North Carolina event held Oct. 8-11 in Asheville, state industry members honored their colleagues while they earned …
Terrorism Insurance Nuts & Bolts: Hiscox USA, U.S. subsidiary of Hiscox plc, now provides terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, N.Y. headquarters. Dollars: Up to $50 million. …
Tom Rodell, resident managing director of Aon Risk Services of San Francisco, has been named the 2007 chairman of The Council of Insurance Agents & Brokers, the first person to serve twice in the key leadership position. Rodell succeeds Charles …
SafeGuard Guaranty believes there’s a $200 billion market of people who could benefit from divorce insurance. New coverage aims to provide benefits when partners part ways If John Logan has his way, people soon will be able to purchase insurance …
The Society of Chartered Property Casualty Underwriters elected new officers and governors. They are: President Betsey L. Brewer, senior vice president of The Rule Co. in Pasadena, Calif. President-Elect James L. Britt, managing director of Marsh USA Inc. in Charlotte, …
Crisis in S.C. “The costs associated with the workers’ compensation system are increasing at a faster rate than in other states. That, coupled with the large assessment for the Second Injury Fund, creates an unstable environment for workers’ compensation insurance. …
Rank Rank 1st half End of Total Insurance 2006 2005 Income ($000s) Bank Holding Company State 1 1 $1,570,000 CitiGroup Inc. N.Y. 2 2 $728,000 Wells Fargo & Co. Calif. 3 5 $580,777 Countrywide Financial Corp. Calif. 4 3 $533,204 …
The Main Street America Group has named Bonny Parker vice president for personal lines. She will be based at corporate headquarters in Jacksonville, Fla., and report to Bill Anderson, senior vice president, insurance operations. Parker joins Main Street America from …
