Argonaut, PXRE Argonaut Group Inc., a specialty underwriter headquartered in San Antonio, Texas, and PXRE Group Ltd., a Bermuda-based property reinsurer, agreed to a merger under which the combined entity will do business as Argo Group International Holdings Limited. Argo …
Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among life/health insurers. That is according to two new A.M. Best Co. special reports, …
A Garfield County, Okla., jury has ruled in favor of an Enid doctor and a local hospital in a medical negligence lawsuit filed in March 2003. Sharla and Jerry Gould filed the suit, claiming that Dr. Richard Staerkel and Integris …
Logging and Lumbering Nuts & Bolts: O’Donovan & Associates’ Timber Harvester Program is designed to provide customized coverage for the contractor who harvests and hauls timber and related products. Mechanized and manual cutting operations are both included. Related timber dealers …
BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video …
Occupancy revoked “We can’t ignore the fact that the health and safety of the people who live there is in danger. … Conditions there are very dire.” — Frank Michel, a spokesman for Houston, Texas, Mayor Bill White, commenting on …
A federal judge in Tulsa, Okla., ordered a new trial in a lawsuit against Ford Motor Co., finding improper conduct by a plaintiff’s attorney and vacating a $15 million jury award to a couple whose son was killed in a …
Skating Rinks, Roller and Ice Venues Nuts & Bolts: American Insurance Alliance is offering Roller and Ice Skating venues that are traditionally difficult to insure general liability coverage. American Insurance Alliance’s only business is skating venues with 18 continuous years …
Private consultants will take over management of Louisiana’s state-controlled insurer of last resort after the firm’s outgoing chief physically collapsed and its chief financial officer resigned. Terry Lisotta, secretary of Louisiana Citizens Property Insurance Corp., collapsed April 4 at the …
Oklahoma Insurance Commissioner Kim Holland announced that Psychological Services Inc. (PSI) would be administering insurance license testing for the state of Oklahoma effective May 1, 2007. “This new contract means lower test costs and more locations for the Oklahoma insurance …
