May 18, 2009
Oklahoma lawmakers have forged a compromise on a long sought comprehensive lawsuit reform package, despite the sniping of Democratic and Republican leaders in the Senate. Oklahoma Senate President Pro Tem Glenn Coffee and House Speaker Chris Benge announced May 11 …
May 18, 2009
The Woodlands Financial Group Texas-based The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency specializing in property/casualty and life/health insurance, and financial planning, established new branch locations in Florida and Maryland. Maricela Scheller opened a new branch …
May 18, 2009
A good old-fashioned fight has developed between Bermuda-based Validus Holdings and the Max Capital Group over the latter’s planned amalgamation with IPC Re. At the end of March, Max announced that it had made a deal with IPC Re’s board …
May 18, 2009
Oklahoma Attorney General Drew Edmondson has dropped five felony charges against an aide to former Insurance Commissioner Carroll Fisher. Fisher served prison time on convictions for embezzlement and perjury tied to an election campaign and later pleaded no contest to …
May 18, 2009
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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
May 15, 2009
Citizens in four Midwestern states are cleaning up after violent storms killed three people in northern Missouri, damaged hundreds of homes and left thousands without power. Authorities reported at least two tornadoes touching down in Adair County, the first hitting …
May 15, 2009
A 8,733-acre fire that destroyed 80 homes and forced 30,500 people from their homes in Santa Barbara, Calif., was reported 95 percent contained on May 15. The last mandatory evacuation orders associated with the Jesusita Fire were lifted May 14 …
May 14, 2009
When a hurricane approaches South Florida, Robin Sing-Cunningham makes sure she has plenty of ice, candles and a generator. Then there’s the gas-powered blender, storm-themed music (think ‘It’s Raining Men’ by the Weather Girls, ‘Riders on the Storm’ by the …
May 13, 2009
Oklahoma Senate Bill 306, by Sen. Debbe Leftwich, which requires contractors to provide proof that they have general liability insurance is headed for the desk of Gov. Brad Henry. “We’ve seen too many cases of Oklahomans paying for work to …
May 12, 2009
Oklahoma Senate President Pro Tem Glenn Coffee and House Speaker Chris Benge have announced that a compromise has been reached on a long sought comprehensive lawsuit reform package for the state. Coffee and Benge and their representatives have been in …