December 7, 2009
More than 100 Oklahomans are struggling to find health coverage after learning an insurance company was taking their premiums with no intention of paying claims. Insurance Commissioner Kim Holland said the main company, American Trade Association, sold fake health insurance …
December 6, 2009
Oklahoma state Rep. Mark McCullough said in mid-November he plans to file legislation to overhaul the state’s workers’ compensation system. While the proposed legislation would keep the current Workers’ Compensation Court for existing claims, it would phase out the court …
December 6, 2009
Monte Stringer, executive vice president with U.S. Risk Inc. in Dallas, has been elected president of the Texas Surplus Lines Association Inc. for the coming year. Stringer and other new officers and directors of the organization were elected at the …
December 6, 2009
2.1 Million More than 2.1 million drop-side cribs by Stork Craft Manufacturing of Canada are being recalled following reports of four infant suffocations, representing the largest ever recall of cribs by the Consumer Product Safety Commission. Sales of the cribs …
December 6, 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. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …
December 6, 2009
Officials handling the multi-billion dollar bailout of insurance giant America International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG’s business relationships, a government watchdog says. The Federal Reserve Bank of New …
December 6, 2009
Correction: Top Personal Lies Agencies The Top 2009 Personal Lines Agencies list that was published in the Nov. 16 issue of Insurance Journal was incorrect. Unfortunately, columns of spreadsheet data shifted in the process of producing that listing. Insurance Journal …
December 1, 2009
The Main Street America Group, based in Jacksonville, Fla., announced that Indiana-domiciled Grain Dealers Mutual Insurance Company has been cleared to become an affiliate of the Jacksonville, Fla.-based super regional property-casualty insurance carrier. The deal has been approved by the …
November 30, 2009
A state lawmaker in Oklahoma is raising concerns about a plan to beef up the state’s electronic insurance verification system. The plan would involve cameras that would randomly record vehicle tags. But Rep. Mike Reynolds of Oklahoma City says the …
November 18, 2009
Officials handling the multibillion dollar bailout of insurance giant America International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG’s business relationships, a government watchdog says. The Federal Reserve Bank of New …