With some notable exceptions — southern Louisiana for one — the economies of the South Central states seem to be holding steady against the looming prospect of a nationwide recession. Populations are growing in Arkansas, Louisiana, Oklahoma and Texas and …
Burning Down the House “If you burn your neighborhood down, where are you going to live?” —Sandra Richards, a lieutenant with the Memphis Fire Department, after visiting an apartment complex in Pine Bluff, Ark., that burned in a fire that …
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. Liquor Liability with Assault and Battery Nuts & Bolts: United States Liability Insurance is writing …
People Willis Group Holdings extended its employment agreement with Joseph J. Plumeri, the company’s chairman and CEO. The agreement, which was originally scheduled to expire Oct. 15, 2009, will extend Plumeri’s tenure as leader of Willis through April 2011. That …
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. Child Welfare Insurance Services Nuts & Bolts: Child Welfare Insurance Services is offering programs designed …
A bill to require day care centers to carry liability insurance has cleared an Oklahoma Senate committee. The bill called Demarion’s Law recently cleared the Senate Rules Committee and goes to the full Senate for action. The legislation is named …
Oklahoma Insurance Commissioner Kim Holland declared a state of emergency following the recent severe weather in the state. This declaration enables emergency claims adjusters from other states to be temporarily licensed to provide immediate assistance in the insurance claims process. …
In a long awaited ruling, the Texas Supreme Court, in a 7-2 decision in Unauthorized Practice of Law Committee v. American Home Assurance Company, Inc and The Travelers Indemnity Company, approved the use of insurer defense staff attorneys to defend …
An agreement on lawsuit reform in Oklahoma is possible this year, according to the Republican co-chairman of the Senate Judiciary Committee, if Democratic Gov. Brad Henry is willing to make a counter-offer to the bipartisan lawsuit reform plans that he …
A.M. Best Co. has withdrawn the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” and assigned a category NR-5 (Not Formally Followed) to Farmers Home Fire Insurance Company (FHFIC). Best said these “rating actions reflect the …
