Florida-based insurance agency Brown & Brown has acquired the group employee benefits division of Roussel & Associates of Brentwood, Tennessee. The group employee benefits division, which has …
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Brown & Brown Acquires Benefits Unit of Roussel Agency of Tennessee
American International Group, Inc., its former Chairman and Chief Executive Officer Maurice R. Greenberg, and its former Chief Financial Officer Howard I. Smith jointly announced today that they …
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AIG, Former CEO Greenberg, CFO Smith Agree to Binding Arbitration
According to the most recent analysis from Risk Management Solutions, Hurricane Jimena has strengthened in the past 24 hours to a category four storm and is forecast to make landfall with the Baja …
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Hurricane Jimena Threatens Baja California; Now a Cat 4 Storm
Gulf Coast officials and residents marked the fourth anniversary of Hurricane Katrina with a mix of solemn remembrances and celebrations of how far the region has come in its recovery from the … Copyright 2009 Associated Press
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Progress Celebrated on Fourth Anniversary of Hurricane Katrina
A vast majority of Americans surveyed say they would support legislation restricting cell phone use while driving. Some 80 percent of those surveyed by Nationwide Insurance in its new One Your …
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Survey: Most Support Laws Restricting Cell Phone Use While Driving
A wildfire in the mountains above Los Angeles has surged in every direction, going in a single day from a modest threat to a danger to some 10,000 homes. The blaze nearly tripled in size in … Copyright 2009 Associated Press
Two years into the global financial crisis, global reinsurers' performance to date could be counted as an achievement, given the state of the financial services industry and the economy, says A.M. …
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A.M. Best: Reinsurers Stay Afloat In Sinking Economy
The UK's Chartered Insurance Institute announced that its London Market faculty will hold a second “Counter Terrorist Workshop” in conjunction with the City of London Police on November 10. …
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UK’s Chartered Insurance Institute to Host Conference on Terrorism
Three bidders for AIG's Nan Shan Life unit have offered less than $1.5 billion, far below the $2 billion the insurer had expected, sources close to the companies said on Friday, throwing the sale …
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Report AIG’s Taiwan Unit Gets 3 Low Bids
North Dakota Insurance Commissioner Adam Hamm recently served an order to revoke the insurance license of Julia Beth Lutgen, a Fargo insurance agent who failed to notify the Insurance Department …
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Failure to Notify Leads to Revocation of North Dakota Agent’s License
A new analysis of government data reveals that more than 28,000 motor carrier companies that operate 200,000 trucks have violated federal safety regulations. The trial bar association, the …
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Motor Carriers Hit Over Safety; Are Insurance Limits Too Low?
The Texas Department of Insurance Division of Workers' Compensation has posted on its Web site the 2009 Performance-Based Oversight (PBO) Results for workers' compensation insurance carriers and …
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Texas Releases Performance Results for Workers’ Comp Carriers
Missouri insurance regulators have gone to court to stop an Arkansas-based life insurance company from illegally changing the terms of its cancer insurance policies, the Missouri Department of …
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Missouri Sues Arkansas Insurer
Xcel Energy, Inc., Public Service Company of Colorado, RPI Coating, Inc., and two men were indicted by a federal grand jury in Denver late Friday on charges that the defendants violated workplace …
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Colorado Electricity Dam Fire Results in Indictment
The Tennessee Supreme Court has ruled that the state does not recognize an exception to the economic loss doctrine that generally bars damages if a product defect causes only economic loss and not …
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Tennessee Rejects Recovery If Product Defect Causes Economic Loss Only
Farmers Insurance Group of Companies asks its customers suffering damage or ordered to evacuate because of the widespread wildfires in Northern and Southern (Los Angeles County areas), to …
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Farmers Gives California Fire Victims Assistance Number
The American Bar Association is seeking to bar the Federal Trade Commission from applying its Red Flags Rule, designed to prevent identity theft, to practicing lawyers.
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Bar Association Seeks Exemption for Lawyers from Federal Identity Theft Rule
The head of the aircraft leasing company owned by the giant financial services company American International Group is reportedly talking about buying a part of the business.
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AIG Plane Leasing Executive May Bid for Business
Property/casualty insurer Ironshore Inc. in Bermuda has completed an equity capital deal that will raise $300 million to support the continued expansion of Ironshore's specialty insurance …
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Specialty P/C Insurer Ironshore Raises $300 Million
Property/casualty insurer Ironshore Inc.
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Specialty P/C Insurer Ironshore Raises $300 Million
Last year, Pembroke Pines turned on its first red-light camera. Across South Florida, other cities followed. But now critics — and lawsuits — are questioning whether the cameras pass legal ..
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Legal Challenges Could Turn off Florida’s Red-Light Cameras
The Delaware State Fire Marshal's Office say a fire in the EVRAZ Claymont Steel plant in Claymont was accidental. Firefighters were called to the plant Monday evening for a report of a fire and … Copyright 2009 Associated Press.
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Delaware Fire Marshal: Steel Plant Fire Accidental
A fire official says a man has died after getting trapped in a machine at a suburban Philadelphia packaging plant. Investigators say it appears to have been an accident
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Official: Man Killed at Pennsylvania Packaging Plant
Weight-loss surgery can be covered by state workers' compensation insurance, provided it is needed to treat a job-related injury, according to an Oregon court. The Oregon Supreme Court ruled …
St. Louis, Mo.-based Travers and Associates is now offering pay-by-the-hour insurance coverage as a cost saving alternative to traditional commercial aviation insurance packages.
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Missouri Aviation Specialists Offer Pay-by-the-Hour Insurance Coverage
At least 10 minor earthquakes have shaken central Oklahoma in the past 24 to 36 hours, the most recent occurring early in the morning on Aug. 28, according to the Oklahoma Geological Survey.
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Multiple Earthquakes Shake Central Oklahoma in 24 Hours
Combined Agents of America LLC (CAA) has added Hill County Insurance Agency Inc.
The insurance industry is a key player in Ohio's economy, according to the Ohio Insurance Institute (OII). With 261 insurance companies located there, Ohio is a top state for industry employment …
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Trade Group: Insurance Industry Adds $1.2M Daily to Ohio Treasury
In a move that was not completely unexpected, California Insurance Commissioner Steve Poizner announced that he will file a lawsuit to have the $1 billion sale of State Compensation Insurance Fund …
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California Insurance Chief Poizner Sues to Block Workers’ Comp Fund Sale
A new set of policy forms is now available to insurers that write motor truck cargo insurance to cover cargo exposures of transportation brokers who subcontract with motor carriers to make …
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AAIS Offers New Contingent Cargo Policy Forms
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