Louisiana homeowners paid the third-highest home insurance rates in 2006, while Mississippi was hit with the sixth-highest average bill for coverage, according to a report by a national group of state insurance regulators. Although the report is the first since …
An independent holding company owned by an insurance industry veteran has purchased Harbor Insurance Agency and Florida Consolidated Agency, both former wholly owned subsidiaries of National City Bank. The new owner, Tom Cook, has extensive insurance industry experience. Prior to …
A group looking for ways to prevent another serious flood in northwest Ohio said it will use $3 million in state aid to buy homes and land along the Blanchard River in two hard-hit towns. Buying the low-lying properties in …
Kansas Gov. Kathleen Sebelius is President Barack Obama’s choice for secretary of health and human services, a White House source said Saturday. The source, who was not authorized to speak on the record, said Obama will formally announce the nomination …
North Dakota’s former workers compensation director has been given a two-year deferred sentence with no jail time and a $2,000 fine for misspending public money. The deferred sentence means Sandy Blunt’s record will be cleared if he breaks no laws …
General Re Corp., a reinsurance unit of billionaire Warren Buffett’s Berkshire Hathaway Inc., agreed to pay $72 million to settle investor claims about its role in a fraudulent transaction involving American International Group Inc. The settlement was announced Wednesday by …
The Ohio Bureau of Workers’ Compensation has created a new deductible program, the first-ever for BWC, it says will give employers better control of their workers’ compensation insurance spending and provide an incentive to promote workplace safety programs and services. …
24% of All Muslims in U.S. Have College Degrees; 16% Are High Income Earners While there are an estimated 130 entities selling takaful — cooperative insurance that is true to Shariah tenets of Islamic religious law — in foreign countries …
Juan Andrade and Jonathan Bennett have been named as interim co-leads of the Property and Casualty Operations of The Hartford. Their appointment to those interim positions follows the departure of Neil Wolin, president and chief operating officer of the The …
Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …
