Minnesota-based St. Paul Travelers has announced it has expanded its ability to provide worldwide commercial property coverage for companies with international operations. A new initiative between St. Paul Travelers’ National Property and Global Accounts units enhances domestic and international property …
The South Dakota Crow Creek Tribal School is in danger of closing because an insurance company has not settled the school’s claims from a fire that destroyed the student dormitory at the campus in Stephan a year ago, officials said …
The Republic Group, based in Dallas, has introduced a new Homeowners Form 3 product for Texas homeowners. “We are pleased to announce the introduction of our HO-3 product”, stated Parker Rush, Republic’s president and CEO, in the company’s release. “Many …
The Roman Catholic Diocese of Spokane has reached settlements totaling $4.25 million with two of its insurance carriers in a dispute over coverage of sex-abuse claims, Bishop William Skylstad says. It is the second time in less than a month …
Former Bigfork businessman Myron “Mike” Felt faces federal charges of fraud and money laundering for allegedly defrauding insurance companies through his company, Crop Hail Management Inc. Prosecutors say between June 2001 and April 2003, Felt, 77, devised a scheme to …
State Insurance Commissioner Jim Donelon says he is working to get at least a “half-dozen” more companies to write homeowners policies in Louisiana in an effort to ensure affordable premiums for coastal residents. Currently, there are 20 insurance companies in …
Strong Financials, Operating Performance gets thumbs up from Standard & Poor DALLAS, TEXAS – Standard and Poor’s Ratings Services affirmed its “A” financial strength ratings on Unitrin’s P&C units – which include Unitrin Specialty. Unitrin, Inc.’s life and health units …
Florida insurance officials confirmed that complaints filed recently against troubled Poe Financial Group came from people who said their policies were dropped before their homes were repaired. A condominium association in Boca Raton received a letter from Poe’s Southern Family …
More than 2,000 Mississippi residents have been notified that they must repay millions of dollars in federal Hurricane Katrina benefits that were excessive or, in some cases, fraudulent. The Federal Emergency Management Agency is seeking a total of $4.7 million …
Zurich Financial Services’ Annual General Meeting, held April 20, evinced the considerable turn around in its fortunes under the direction of CEO James J. Schiro, who took over the faltering giant in May 2002. In his presentation speech to shareholders …
