November 16, 2008
Austin Surplus Lines, a managing general agency with offices in the Austin, Dallas and Houston areas, apparently has ceased conducting some or all of its contracted business, to the surprise of at least some of its appointed agents. An independent …
November 16, 2008
Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …
November 12, 2008
It’s a $150 billion gamble. That’s the size of the newly enlarged financial lifeline the U.S. government threw tottering insurance giant American International Group on Monday, expanding an aid package that’s gradually grown since it began as an $85 billion …
November 11, 2008
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …
November 11, 2008
Austin Surplus Lines, a managing general agency with offices in the Austin, Dallas and Houston areas, apparently has ceased conducting some or all of its contracted business, to the surprise of at least some of its appointed agents. An independent …
November 7, 2008
South Carolina auto insurance rates increased slightly in 2006, but remained on average lower than most national rates. A study by the National Association of Insurance Commissioners showed that South Carolina drivers paid an average of $756 on auto insurance …
November 6, 2008
North Carolina Insurance Commissioner Jim Long approved a workers’ compensation rate filing from the North Carolina Rate Bureau, the organization that represents the state’s workers’ compensation insurance companies. The filing requested a 4.4 percent decrease in the voluntary market and …
November 6, 2008
Insurance broker Arthur J. Gallagher & Co. reports it has acquired Roberts & Roberts Insurance Service, Inc. in Greensboro, North Carolina. Terms of the transaction were not disclosed. Formed in 1994, Roberts & Roberts specializes in insurance coverage for the …
November 6, 2008
Democrat Wayne Goodwin has been elected as North Carolina’s insurance commissioner, winning the race to succeed his boss and long-time commissioner Jim Long. With 96 percent of the precincts reporting, Goodwin had nearly 52 percent of the vote based on …
November 3, 2008
Work was stopped when employees found anti-tank mines used in the Korean War and other explosives at a North Carolina construction site. The Fayetteville Observer reported Oct. 31 that a box containing the live mines as well as training charges …