North Carolina-based BB&T Corporation has completed its acquisition of insurance premium finance company Capitol Premium Plan Inc. of Charlotte, N.C. BB&T has combined the 43-year-old firm with Prime Rate Premium Finance Corp. Inc., the Florence, S.C.-based premium finance business BB&T …
The Florida legislature wrapped up its annual session last Friday night, giving final approval to key measures that will add capacity to the state’s hurricane reinsurance fund and put the workers’ compensation joint underwriting association (FLWCJUA) on a sound financial …
Overland Park, Kan.-based agency franchise operation Brooke Corp. declared a common stock dividend at its April 22, 2004, board meeting. Shareholders of record as of May 26, 2004, will receive one additional share of Brooke common stock for every one …
Bowling Green, Ohio-based financial services firm Sky Financial Group Inc. announced that its insurance affiliate, Meyer & Eckenrode Insurance Group, will begin conducting business as Sky Insurance on May 3, 2004. The new name aligns the insurance institution with its …
May first marked the most important expansion of the European Union in its 50 year history, as 10 countries joined the 15 existing members to create an economic block of 455 million people stretching from the Western shores of Ireland …
The Texas Department of Insurance (TDI) has scheduled a compliance workshop to assist property and casualty insurers and agents in understanding and meeting Texas´ regulatory requirements. The workshop will be held June 3, 2004, on the campus of the University …
Kyle Stevens, vice president, branch manager of the Dallas branch office of Western Security Surplus Insurance Brokers (WSS) announced that with the addition of its new property & casualty market, they now have in-house binding authority for five facilities. The …
Hooper Holmes, Inc. (AMEX:HH) of Basking Ridge, N.J., has acquired privately held Mid-America Agency Services, Inc. (MAAS), which provides risk selection services to the insurance underwriting industry. In addition to underwriting services and an expanded geographic presence, this transaction provides …
The state Senate has voted to require pre-litigation screening when patients sue doctors in hopes of weeding out frivolous cases and lowering malpractice insurance premiums. The Senate voted 19-3 to require that a panel made up of a judge, a …
The Pennsylvania Supreme Court last week upheld the prison sentence of former state Rep. Thomas Druce, who pleaded guilty to charges stemming from a 1999 hit-and-run accident that killed a Harrisburg man. Druce pleaded guilty to leaving the scene of …
