Oklahoma State Rep. Steve Martin has filed a bill that would allow law enforcement officials to impound vehicles that are found to be uninsured. “This bill addresses one of the most consistent demands of voters in my district and across …
Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and Texas. Richardson will manage the SAMMI underwriting teams based in Austin, Texas, …
After 30 years at Chubb Corp, Thomas Motamed joined Chicago-based commercial lines insurer CNA Financial in January 2009 as chairman and CEO. In this edited interview with Insurance Journal’s Andrew Simpson, Motamed talks about his goals and changes at CNA, …
Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium in Louisiana for a standard homeowners policy in 2007, …
Former employees of Tulsa, Okla.-based Arrow Trucking Co. have sued the company after it suddenly suspended operations and laid off workers. The federal lawsuit claims Arrow violated laws that govern mass layoffs and business closures. Philadelphia attorney Charles Ercole, who …
A Circuit Court judge in Florida’s Leon County has ordered the warranty company, Intercontinental Marine Service Corp., which does business as First Warranty Group of Florida, into liquidation. The company, with approximately 10,000 in-force policies in Florida and other states, …
Florida insurance officials have shut down four firms selling motor vehicle service warranties for being unlicensed. Florida Insurance Commissioner Kevin McCarty announced that the Office of Insurance Regulation has ordered National Automotive Services Inc., Warranty Financial Inc. (also known as …
Austin, Texas-based Combined Agents of America LLC (CAA) reports that Central Insurance Companies, Texas Mutual Insurance Company, Travelers Insurance and The Hartford have been named the 2009 “Top Four Company Partners” at its recent quarterly board meeting. Additionally, CAA announced …
Oklahoma has the unwanted distinction of having the largest revenue shortfall of any state, according to a new report. That reality is illustrated by the state’s revenue collections, which are down by more than 25 percent from a year ago. …
Farmers Insurance Group of Cos. has appointed Senior Vice President Roy Smith to Senior Vice President Field Operations, Southwest Zone, effective immediately. The Southwest Zone includes the states of Texas, New Mexico, Arizona, Oklahoma and Arkansas. Smith joined Farmers Insurance …
