Despite the mandate of new mold endorsements and adoption of new forms, there has been a great deal of continuing litigation in Texas under the Homeowners B form as to when mold is covered. The focus has been on the …
The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J. Wilson, currently president …
Kristine (Kris) Westall has joined Minneapolis-based reinsurance intermediary Collins as senior vice president, Accounting and Claims, bringing to her new position over 20 years’ experience with reinsurance brokers in claims handling and fiduciary accounting. “Our Fiduciary Accounting and Claims Department …
Nearly 1,100 insurance consumers were assisted by the South Dakota Department of Revenue and Regulation, Division of Insurance during fiscal year 2006, according to figures released by the division. Fiscal year end statistics show the Division of Insurance helped 1,087 …
Lansing, Mich.-based FinCor Holdings, Inc., an integrated risk management corporation serving health care providers and facilities, today announced its acquisition of Issaquah, Wash.-based medical malpractice insurer, Washington Casualty Company (WCC). FinCor paid $9.8 million in cash for WCC, Washington’s fourth-largest …
Boosting Clout “Minnesota’s on a disastrous collision course…obviously, I am a liberal.” Jim Deal, a 72-year-old Minnesota crop insurance company founder from Anoka County, comment as he decided to go big joining the ranks of major political donors. Angered by …
It isn’t unusual for a farm to be owned and worked by the same family for 100 years. It’s more unusual for a small-town business to be in its fourth generation of the same family, an accomplishment being celebrated by …
Western National Insurance Group (WNIG), based in Edina, Minn., today announced that its President and CEO Stuart C. Henderson, JD, CPCU, has been re-elected for a three-year term as a director for the Insurance Federation of Minnesota. He will also …
Nearly 10,000 emergency housing trailers in Hope, Ark., that were intended to be sent to the Gulf Coast to help Hurricane Katrina victims have been freed up for other uses. The Federal Emergency Management Agency parked the trailers at Hope …
Rep. Ed Royce (R-Calif.), a senior Member of the House Financial Services Committee, today introduced legislation that would create an optional federal charter regulatory regime for life and property/casualty insurance providers. The National Insurance Act of 2006, H.R. 6225, is …
