Florida’s 21st Century Holding Co. announced that its subsidiary Federated National Insurance Co. (FNIC) has received a capital infusion of $10 million. The transaction follows the previously announced notice from Demotech, Inc., a rating agency, requiring that FNIC obtain additional …
South Carolina’s former state insurance director is running for lieutenant governor. Eleanor Kitzman announced she’s running as a Republican. The 53-year-old Columbia resident notes she’s the only candidate for the job who’s run a state agency. She was state insurance …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved the renewal of the Certificates of Authority for nine companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These nine companies …
Many U.S. states are worried that the healthcare overhaul plan approved by the U.S. House of Representatives will usurp their sovereignty and impose more spending on their already stretched budgets. Republican attorneys general in at least 12 states announced on …
Republican attorneys general in at least 12 U.S. states warned Monday that lawsuits will be filed to stop the federal government’s healthcare reform bill from encroaching on states’ sovereignty. The lawsuits were announced hours after the U.S. House of Representatives …
21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …
Kinsale Capital Kinsale Capital Group has formed a Virginia-based E&S insurer, called Kinsale Insurance Co., which will underwrite commercial property/casualty and professional liability E&S lines in 31 states and the District of Columbia. The company said it is applying for …
The National Highway Traffic Safety Administration reports that nearly 6,000 people died in 2008 in crashes involving a distracted or inattentive driver, and more than half a million were injured. Many of them were teens. According to the Insurance Institute …
1,018 The number of grants South Carolina has awarded to coastal homeowners who have taken steps to shield their homes against hurricane winds the past two years. Insurance Commissioner Scott Richardson said that the SC Safe Home Program has awarded …
Officials at a South Carolina university say a fire in a building that featured high-tech classrooms will cost at least $4.5 million to repair. The Herald of Rock Hill reported that Winthrop University officials said it will cost $1.5 million …
