Southeast insurance commissioners seem happy about how they got where they are. During the recent Southeastern Regulators’ Association annual conference in South Carolina, moderator Michael Maloney asked: “What do you see are the benefits of being an elected official versus …
North American Group, CIC Insurance Brokers, CTK Insurance Services North American Group, headquartered in Oklahoma City, Okla., acquired Abilene, Texas-based CIC Insurance Brokers Inc. and CTK Insurance Services Inc. of Anaheim, Calif. CTK is a retail insurance agency focused primarily …
Wal-Mart Stores Inc. is expanding its $4 generic prescription program to 11 additional states and adding 17 more prescriptions to the program. The world’s largest retailer added 502 stores to those offering the discounted medications. The new states added Thursday …
Amtrak trains returned to a normal schedule through the Sierra Nevada mountains Saturday, two days after the fatal derailment of a runaway maintenance train spilled thousands of gallons of diesel and hydraulic fluid and damaged 600 feet of track in …
Niche insurance underwriter Britt/Paulk has opened a new office in Selbyville, Del. This new office will focus on underwriting the agency’s Timber Harvesting Program. The company also announced that three underwriters are joining the firm: George M. Pusey, branch manager; …
In a demonstration of how divergent political campaigns can be in terms of dollars invested, incumbent Georgia Insurance Commissioner John Oxendine revealed that he had spent $3 million by Halloween in his 2006 bid for reelection, while George Dale, eight-term …
$100 million Chicago-based Aon Corp. announced that it has taken further steps to exit its property and casualty business by signing a letter of intent for the sale of its Construction Program Group (CPG). Aon also announced that it will …
The increasing number of motorists and deer in Texas are leading to a greater frequency of collisions between the two on the state’s roadways. Cooler weather and the annual rut season should make for even more hazardous conditions in the …
$20 million The amount about 400 people should receive from monies held by Lexington, Ky., lawyers who sued American Home Products in 2001 on behalf of users of the fen-phen diet drug. Special Judge William Wehr ordered that funds be …
The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds – and regulatory decisions – of insurance regulators in the southeastern United States. If insurance commissioners in …
