Five survivors of an Immokalee, Fla., mobile home fire and the families of five more who died in the blaze will share a $6 million insurance settlement. The Collier County Sheriff’s Office is still investigating the March blaze in the …
Farmers across North Carolina are now eligible for low-interest emergency loans from the federal government to help them recover from sizable crop losses sustained in the state’s ongoing drought, Gov. Mike Easley said Friday. The U.S. Department of Agriculture has …
Insurance Skills Center has developed a unique new product to assist in evaluating the knowledge of your sales and service staff as well as potential new hires: The Insurance Examinator. This product is an excellent tool to evaluate production and …
Brian M. Storms is stepping down from his position as chief executive officer of insurance broker Marsh Inc. The company said the search for a successor is already underway. In the interim, Michael G. Cherkasky, president and chief executive officer …
Calabasa, Calif.-based Countrywide Financial Corp. has announced plans to address changing market conditions, largely due to the subprime mortgage meltdown. As part of the plan, the company said it would be reducing its workforce by a total of 10,000 to …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of “A” (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010. Best also upgraded the ICR to “bbb+” from “bbb” on Cathedral Capital Holdings Limited, the non-operating intermediate …
El Segundo, Calif.-based DataFlow Insurance Systems Inc. has named Jerry McLaughlin president. McLaughlin has 30 years of experience in the high technology and medical arenas. Most recently, he served as president and CEO of CompuMed Inc., where he raised capital …
A.M. Best Co. has upgraded the financial strength ratings (FSR) to “A” (Excellent) from “A-” (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of Bristol West Casualty Insurance Company, Bristol West Insurance Company, Coast National Insurance Company and …
California Gov. Arnold Schwarzenegger has signed SB 33 by Joe Simitian, D-Palo Alto, banning teenage drivers from using all electronic devices — such as cell phones, pagers and laptops — while behind the wheel. “The simple fact is that teenage …
Hawaii Chief Deputy Insurance Commissioner Gordon Ito has filed for the immediate suspension and a notice to revoke the producer license of Mark K. Teruya for misrepresentation, deceptive acts and fraud. Teruya is currently the president of Senior Resources of …
