It Figures
$4.2 Million The settlement reached by the Diocese of Savannah with Allan Ranta who alleged he was sexually molested by former priest Wayland Y. Brown between 1978 and 1983. The diocese said that the $4.24 million settlement brings to a …
Declarations
No Penalty “A consumer should not be penalized for reporting damage. I don’t want insurers non-renewing policyholders whose homes were damaged by flooding, especially when claims reporting is mandated by FEMA for a consumer to be eligible for benefits.” —Georgia …
More Heavy Metal Hits
Heavy Equipment Theft Now Estimated To Be A Sophisticated $600 Million Business On the last day in September, Jerry Dean Ledford was driving a stolen Ford F-250, and pulling a trailer loaded with a stolen tractor, down Highway 74 in …
New Markets
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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …
2009 Top Personal Lines Agencies
The following list is taken from the Insurance Journal Top 100 P/C/ Independent Insurance Agencies report published in Insurance Journal on Aug. 3. These agencies represent the leaders in total personal lines premium volume among the overall Top 100, which …
American Alternative Insurance Partners with PersonalUmbrella.com
PersonalUmbrella.com of Emeryville, Calif., announced that American Alternative Insurance Corp. (AAIC) will be the insurer of its online personal umbrella program. AAIC is a subsidiary of Munich Re America Corp. and an affiliate of Munich Reinsurance America Inc. The company …
Ratings Recap: ProAssurance, Lawyers Mutual
Standard & Poor’s Ratings Services has revised its outlook on ProAssurance Corp. (PRA) to positive from stable, and has affirmed its ‘BBB-‘ counterparty credit rating on the company. “The outlook revision reflects our view of PRA’s improved financial leverage and …
Murphy Joins InStrategy as Managing Director, Operations Practice
InStrategy Group, an insurance consultancy company based in Charlotte, N.C., has appointed Barbara Murphy as managing director. Murphy will lead the company’s Operations Practice. Murphy has more than 25 years of experience in the insurance industry. She has extensive experience …
North Carolina Agent Pleads Guilty to Embezzlement
North Carolina officials said that Jennifer Hughes Puckett, a former insurance agent from Rockingham, appeared this week in Carthage at the Moore County District Court and pleaded guilty to 16 counts of embezzlement by an insurance agent. She paid $11,140.82 …
BB&T Insurance Acquires Florida’s Oswald Trippe Agency
Raleigh, North Carolina-based BB&T Insurance Services, the nation’s seventh largest insurance broker, said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Co. Inc. of Fort Myers. Terms were not disclosed. In addition to its …
