Second (or subsequent) injury funds (SIF’s) have been abolished in 19 states. Alabama and Maine began this movement in 1992, with Arkansas and New York being the most recent converts; each ending its respective program in 2007. Some states, such …
Taking the 5th “Has it been your custom and habit in prosecuting litigation to have Senator Lott contact and encourage witnesses to give false information?” —State Farm Fire & Casualty Cos. attorney Jim Robie cross-examining Zach Scruggs, son and law …
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. Commercial Property Market Detail: RISC brings to market a commercial property program designed for a …
Stock Prices: The brokerage sector as a whole is up 2 percent for the year. Arthur J. Gallagher’s (NYSE:AJG) stock has faired well compared to peer Brown & Brown (NYSE:BRO). Gallagher’s stock is up 6.5 percent year-to-date while Brown & …
With Tropical Storm Gustav on deck in the Caribbean, insurance claims from Tropical Storm Fay continue to mount while the storm’s rain producing potential manifests throughout Alabama, Georgia and the Carolinas. The Florida Office of Insurance Regulation reported the latest …
Swett & Crawford rolled out a new approach to serving the insurance needs of exterior insulation finishing system (EIFS) applicators nationwide. Under the company’s new Specialty Stucco Insurance Strategy (SSIS), Swett & Crawford will recognize selected independent agencies dedicated to …
Tropical Storm Fay continues slowly westward across the northern Florida peninsula while tropical storm warnings remain in effect throughout the region, into the panhandle and north through Georgia to the South Carolina border. At 8 a.m. EDT, Fay’s center was …
As Tropical Storm Fay remains relatively static over northeast Florida, a tropical storm warning remains in effect from Fort pierce, Florida to the border between Georgia and South Carolina. Florida Gov. Charlie Crist requested a federal emergency declaration in a …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of UK-based Allianz Insurance plc (AZI) with a stable outlook. Best stated: “AZI’s stand-alone risk-adjusted capitalization is expected to remain excellent during …
Indiana Insurance, a Liberty Mutual Agency Markets regional company, appointed Jessica M. Frankovich as Inland Marine underwriting manager. Frankovich will be based in Indiana Insurance’s Illinois regional office and will manage and grow the company’s Inland Marine book of business. …
