May 15, 2009
At least four U.S. insurers won approval on Thursday to raise billions of dollars through the government’s bank bailout plan, the U.S. Treasury Department said. Hartford Financial , the No. 4 U.S. insurer and beset by worries about capital, got …
May 15, 2009
Citizens in four Midwestern states are cleaning up after violent storms killed three people in northern Missouri, damaged hundreds of homes and left thousands without power. Authorities reported at least two tornadoes touching down in Adair County, the first hitting …
May 14, 2009
As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout the coming weeks, InsuranceJournal.com will …
May 13, 2009
A company drilling for natural gas near Bickleton, Wash., lacks adequate insurance against groundwater contamination, Klickitat County officials say. County planners say Delta Petroleum of Denver has not shown proof of $20 million in insurance for the well, one of …
May 12, 2009
Testifying on behalf of the National Association of Insurance Commissioners (NAIC), Kansas Insurance Commissioner Sandy Praeger stressed that any health care reform out of Washington must address soaring costs. Praeger spoke at a Senate Finance Committee roundtable discussion on expanding …
May 12, 2009
Momentous Insurance Brokerage Inc. has been named the fourth largest insurance broker in the San Fernando Valley by a regional California newspaper. In addition, the premium per licensed agent is the highest of all ranked brokers. According to Momentous, it …
May 12, 2009
Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during March include eight license revocations, three license denials and fines and restitution totaling more than $325,000. An order imposing disciplinary measures becomes final 20 days after the …
May 11, 2009
Corporations and their directors and officers are living in fear. Fear of the next financial scandal, the next stock market plunge, the next lawsuit. Fear of bankruptcy. Fear of angry policymakers inside Washington and angry citizens outside their homes. It’s …
May 11, 2009
Two years ago, Nestor Carrillo could fit the demands for his Mexican candies and tortillas into one truck as he drove products to a handful of stores across Idaho. Carrillo now has four trucks, three employees and delivers to more …
May 8, 2009
Most countries are ready to finish the long-running Doha round of world trade talks, but all bets are off until the Obama administration determines how to proceed, a group of visiting diplomats from developing nations said Thursday. The administration of …