August 4, 2008
Hundreds of thousands of tractor-trailer and bus drivers in the United States carry commercial driver’s licenses despite also qualifying for full federal disability payments, and some of those drivers have suffered seizures, heart attacks or unconscious spells, according to a …
August 4, 2008
Police in Brownsville, Tenn. will soon be armed with electric stun devices. Mayor Webb Banks said officials realize the weapons are controversial, but if police tell people they have them, officials believe officers won’t have to use them. Banks said …
August 4, 2008
Jacksonville, Florida-based insurer The Main Street America Group named Joe Meholic president of its Richmond, Virginia region. In his new role as regional president, Meholic will be accountable for the direction, management and performance of the Richmond region, which encompasses …
August 4, 2008
Tokio Marine, Philadelphia Insurance Japan’s Tokio Marine Holdings, Inc. has agreed to acquire Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and casualty insurance to targeted markets. The total transaction value is approximately $4.7 billion. It is …
August 4, 2008
Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th Annual Mid-Year Property and Casualty Symposium on July 17 in Austin. Reynolds …
August 4, 2008
Rising Costs, Soft Market Cause Agents to Consider Network Options Maintaining their independence while gaining access to resources and markets are what independent agents consider when deciding whether to join an insurance agency network and which one to join. The …
August 4, 2008
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. Personal Umbrella – Hard-To-Place Clients Market Detail: International Excess Agency Inc. offers several specialized personal …
August 1, 2008
Selective Insurance reported that new premiums declined for the second quarter while workers’ compensation results improved and its recent expansion into the commercial markets in Massachusetts and Tennessee is going well. Selective’s second quarter 2008 results, compared to second quarter …
July 30, 2008
The federal government approved $5.7 million in disaster assistance funding for two Tennessee institutions that suffered tornado damage, Gov. Phil Bredesen said. These grants are part of the federal Public Assistance program administered by FEMA for declared federal disasters in …
July 25, 2008
Tennessee officials razed fairgrounds bleachers damaged by a tornado in Clarksville, Tennessee. Parks and Recreation Director Kevin Cowling said the tornado on May 3 moved parts of the concrete bleachers 2 inches. A structural engineer determined they were unsafe. City …