First National Bankshares of Florida Inc. has completed the sale of Roger Bouchard Insurance Inc. to a group of investors led by the agency’s principals. Terms of the sale were not disclosed. Founded in 1948, Bouchard Insurance is a full-service …
Depending on policyholders’ coverage and location, Citizens Property Insurance Corp. has asked the Florida Insurance Commission for permission to raise rates by as much as 90 percent. Citizens, the state’s insurer of last resort, is asking regulators to approve a …
Kentucky homeowners have received a warning from Attorney General Gregory D. Stumbo to watch out for individuals posing as inspectors from the Federal Emergency Management Agency (FEMA). Stumbo issued a news release which said that his office had received notification …
Just as the disaster that struck 12 countries around the Indian Ocean was unprecedented, so too has been the response from around the world to the calls for help. Private citizens, companies and the World Bank have already collected over …
Insurance-related complaints didn’t rank high enough to make the list of top-10 complaints of 2004 issued by the Florida Agriculture and Consumer Services (FACS). The top-10 complaints were: Travel and vacation plans (4,312 complaints), up 45 percent over 2003; “Do …
The Maryland General Assembly, meeting into the early morning hours Thursday, approved a medical malpractice insurance reform package that Gov. Robert Ehrlich said he would veto because of a dispute over a tax on HMO premiums. The House approved the …
General Re Corporation, a wholly owned subsidiary of Berkshire Hathaway Inc., acknowledged that it has received a request from the United States Securities and Exchange Commission to provide documentation and information relating to non-traditional or loss mitigation insurance products. “The …
Evan Greenberg, president and CEO of Bermuda-based ACE Limited, has issued a statement on the earthquake and tsunamis that struck Southeast Asia, and the measures the company has initiated to help the victims “The earthquake and resulting tsunamis that struck …
AEGON, the Dutch insurance and financial services provider, announced that it has entered into an agreement to sell AEGON Seguros Generales, its general insurance subsidiary in Spain, to Italian mutual insurance company Reale Mutua Group, effective January 1, 2005. The …
Lloyd’s has issued a bulletin expressing the London market’s solidarity with the victims of the Indian Ocean tidal waves, stating: “Our thoughts are with the people who have been affected by this tragedy. The priority must be to get humanitarian …
