Unlike American International Group, Zurich, ACE and other insurers that have settled similar charges, Liberty Mutual Insurance Group has decided to fight allegations of anti-competitive practices that have been brought against it by the attorneys general of New York and …
Berkshire Hathaway Inc., billionaire Warren Buffett’s investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses. Berkshire’s net earnings were $2.3 billion, or $1,501 per share, for the three months ended …
Eugene-Oregon-based Cramer & Giles Insurance Inc. has been acquired by Beecher Carlson, an insurance brokerage and risk management consulting firm headquartered in Atlanta. Cramer & Giles has been merged with Beecher Carlson’s Portland operation, JBL&K Risk Services. Founded in 1983, …
The chief executive officer of Conseco Inc. is resigning after less than two years at the helm of the insurance firm, he announced this week.. William S. Kirsch, who is also the company’s president, will leave Conseco on May 23. …
The first public model to project hurricane losses for the State of Florida has been completed by the International Hurricane Research Center in Miami, Fla. The new model already has produced excellent figures on Hurricane Wilma’s insurance losses for South …
With the official start of the Atlantic hurricane season less than one month away, the National Oceanic and Atmospheric Administration’s 2006 Hurricane Awareness Tour has come to a successful conclusion in Tampa, Fla., delivering its message of the need for …
On the final day of the Florida legislative session, the Property Casualty Insurers Association of America is encouraging legislators to make a commitment to create a healthy and competitive insurance marketplace, which is essential for attracting as well as retaining …
A judge has disqualified herself from a lawsuit brought by policyholders against Louisiana Citizens Property Insurance Corp. Civil District Judge June Darensburg said she found out she has a policy from Louisiana Citizens, which was created by the state Legislature …
A man who allegedly posed as an insurance adjuster to bilk at least one hurricane victim in New Orleans, La., has been arrested. Steven Lee Cylka, 31, of Metairie was jailed in lieu of $20,500 bond after he was booked …
Days after the Louisiana Senate voted to require that all insurance rate changes be approved by the Louisiana Insurance Rating Commission (LIRC), the Louisiana House Insurance Committee approved House Bill 1115, which would abolish the state’s Insurance Rating Commission and …
