Fairfax, Zenith National Insurance Toronto-based Fairfax Financial Holdings Ltd. and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for the acquisition by Fairfax of Zenith pursuant to the previously announced merger …
As John Lennon and Paul McCartney could tell you, sometimes you just need a little help from your friends. And in the insurance agency business – where building relationships are key to success – that friend often is more than …
Protecting Trade Secrets, Confidential Agency Information Critical, Attorney Hirshfeld Says The insurance industry is a highly competitive market, even when it comes to its work force. There’s a shortage of highly qualified employees at all levels of the industry. Agency …
Industry representatives say insurance companies likely will pay out more than $1 billion for property damage sustained during a stormy month of May in Oklahoma. An estimate by ISO’s Property Claims Services unit, which tracks catastrophic insured losses, is that …
The United Mine Workers of America are raising new concerns about the safety of a western Kentucky coal mine where two men were killed by a rock fall in April. Steve Earle, a regional vice president for UMWA, said miners …
Mark Croucher, an insurance agency owner in Jenks, Okla., has announced his candidacy for the office of state insurance commissioner. Croucher, who specializes in health, life and senior oriented insurance products, began his career in the insurance industry in 1997. …
The May Business Conditions Index for the Mid-America region advanced for a sixth straight month, pointing to a growing economy in the months ahead, according to the May Business Conditions survey of supply managers in the nine-state region. The index …
One ballplayer says he can’t even stand to see his own reflection. Another says he feels like some creature wandering outer space. “Gazoo” is the term of choice for this latest sports look. Minor league baseball is bulking up on …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Bermuda-based Montpelier Reinsurance Ltd. and Montpelier US Insurance Company (MUSIC), which is based in Oklahoma City. Best also …
The Ohio Department of Insurance has revoked the licenses of two troubled insurance companies: Imperial Casualty and Indemnity Co. of Oklahoma City, Okla., and Atlantic Mutual Insurance Co. (AMIC) of New York, N.Y. In March 2010, the District Court of …
