May 1, 2006
Atlanta-based AssuranceAmerica Corp. has announced its unaudited financial results for March 2006 and the three months ended March 31, 2006. Revenues for the month of March 2006 increased 99 percent to $5.2 million, compared to $2.6 million for the same …
May 1, 2006
As the 2006 Florida legislative session enters its final week, lawmakers continue to work on major reforms to the property insurance marketplace and the no-fault automobile insurance system. “This is crunch time for the Legislature,” Jeffrey Brewer, state director of …
May 1, 2006
The House has begun began debating a hurricane insurance bill in Tallahassee, Fla. with an admission that with 13 million Floridians living in coastal counties, there’s no easy solution to the thorny situation and no assurance the plan will solve …
May 1, 2006
A group that insures high-risk structures on the Mississippi Gulf Coast for wind damage has filed papers requesting a 397.8 percent rate increase on private homes. The Mississippi Windstorm Underwriting Association also is asking Insurance Commissioner George Dale to approve …
May 1, 2006
http://www.hanover.com/ The Hanover Insurance Group, Inc. in Worcester, Mass. will webcast its first quarter earnings conference call on Tuesday, May 2 at 10:00 a.m. Eastern Time through the Hanover web site at http://www.hanover.com/. Those who would like to listen to …
April 30, 2006
Beacon Mutual Insurance Co. has turned over computer records it initially withheld from Rhode Island state investigators probing accusations that the company gave price breaks to favored clients. The files have been the subject of a legal battle between the …
April 29, 2006
A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A” (Excellent) and assigned issuer credit ratings (ICR) of “a” to the Unitrin Property and Casualty Insurance Group (Unitrin) (Dallas, TX). The FSR outlook has been revised to stable …
April 28, 2006
Brooke Corporation, headquarted in Overland Park, Kansas, recently announced that Mitch Holthus and Shawn Lowry were elected to its board of directors at their annual meeting of shareholders. They become the seventh and eighth members of the board, according to …
April 28, 2006
Dorance Dean Bolton, founder of Pasadena, Calif.-based Bolton and Company Insurance Brokers, passed away on April 21, 2006, at the age of 96. Bolton was a pioneer Southern California insurance broker and was a founding governor of what is now …
April 28, 2006
According to the Coalition Against Insurance Fraud, what started as a life-insurance fraud scheme ended up as an execution. Michigan inmates Cameron Wade Sanders and Kevin Mykolaitis hatched a con while in prison to create a fake business, take out …