Corporate Leaders Brace For Fallout From Heightened Regulation, Even Corrupt Foreign Practices Corporations and their directors and officers are living in fear. Fear of the next financial scandal, the next stock market plunge, the next lawsuit. Fear of bankruptcy. Fear …
Progressive said it will begin offering motorcycle and RV insurance in Massachusetts. The Mayfield Village, Ohio-based insurer said it will offer the coverage through its Web site as well as through independent insurance agents. The addition of these coverage come …
Nationwide Mutual Insurance Co., based in Columbus, Ohio, on April 3 laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said. Nationwide has eliminated about 3,000 jobs nationally …
Northumberland, Pennsylvania-based Keystone Insurers Group has hired five new executives and restructured its top management team in a move aimed at boosting growth and enhancing services, the company said. Ralph Sitterson, previously vice president of claims at Berkley-Mid Atlantic Group, …
A big-hearted trucker known as “Granny” recently won Cincinnati, Ohio-based Great American Insurance Group’s 2009 Big Rig Giveaway and decided pay her luck forward to fellow truckers. Dianne Smith of Massillon, Ohio, was chosen at random during the recent Mid-America …
An Ohio man is suing Continental Airlines Inc. for raising the number of miles needed to earn a free trip and then charging him $75 to book the flight. David Simon’s lawyer asked a federal court to approve class-action status …
Ohio-based Central Insurance Companies has named Tim Rauch as regional vice president for its Southwest Regional Office in Dallas. He is responsible for all underwriting, marketing and claims functions serving independent agents in Texas, Arizona, New Mexico, Oklahoma and Colorado. …
Motorists Mutual Insurance Company (Motorists) of Columbus, Ohio, reported it has been approved for membership at Federal Home Loan Bank of Cincinnati (FHLBank). With $1.2 billion in assets and rated A (Excellent) by A.M. Best, Motorists is the 21st insurance …
Flooding in the upper Midwest, which could rival the high water levels experienced in 2006 and possibly 1997, and continued drought in the South and West are among the warnings contained in the national outlook for this Spring from federal …
Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …
