Willis Group Holdings Limited reported the acquisition of Gueits, Adams & Company. Located in New York City, Gueits, Adams specializes in jewelers block insurance and has annualized revenues of approximately $4 million. Terms are not disclosed. The transaction was effective …
Pennsylvania Attorney General Tom Corbett reported that criminal charges were filed against two Solanco High School teachers accused of deceiving State Farm in a fraudulent insurance claim for less than $800 to repair a wrecked snowmobile. Corbett said investigators with …
Grange Insurance will offer its Identity Theft victim resolution and education program coverage to auto policyholders in Ohio. The program is being offered in partnership with Identity Theft 911, a national fraud solutions provider for insurers, financial institutions and Fortune …
An auto insurance company does not have to defend a customer in St. Francis County who, while sitting in his pickup truck, shot another person through the wall of a house, the Arkansas Court of Appeals has ruled. Judges reversed …
Dallas-based Arcana Insurance Services LP announced that Susan Gropp has joined the firm as senior vice president over brokerage/underwriting operations and claims. She has over 25 years in the insurance business with proficiency in property and casualty underwriting, as well …
California’s State Compensation Insurance Fund has appointed John E. Putnam to vice president and member of its Executive Committee. Putnam, 52, of Fresno, brings a quarter century of workers’ compensation experience to his new vice presidential post. Putnam previously served …
Six new employees of Washington’s Department of Labor and Industries (L&I) are canvassing the state for contractors and electricians who are ignoring registration and licensing laws and gaining an unfair competitive advantage. “Legitimate contractors and electricians who provide protection to …
FSC Insurance Solutions, a business unit of Fiserv Inc., and Safeco have announced plans to provide independent agents in Connecticut with real-time personal auto insurance rates through FSC’s single-data-entry comparative rating platform, XcelerRator. The web-based rating system provides a combination …
Quanta Capital Holdings Ltd. has reported preliminary financial results for the fourth quarter and full-year ended Dec. 31, 2005, “subject,” the company said, “to completion of review by its auditors.” Quanta also acknowledged that it has “received notification from A.M. …
Bermuda-based Allied World Assurance Holdings, Ltd. has reported a net loss of $23.9 million for the fourth quarter 2005, compared to net income of $103 million for the fourth quarter 2004. The net loss for the twelve months ended December …
