Texas Mutual Insurance Company announced a $2,260,775 dividend to the CompGroup AGC workers’ compensation purchasing group. The dividend was based largely on the group’s favorable loss ratio. CompGroup AGC members have shared in more than $12 million in group dividends …
Membership among volunteer firefighters in Texas has dropped to levels predating a surge brought on by the Sept. 11 terrorist attacks seven years ago, a state official says. Many found firefighting less glamorous than they thought it would be or …
Arkansas Gov. Mike Beebe added Craighead, Lawrence, Madison, Newton and Saline counties to the list of state disaster declarations following damage caused by the remnants of Hurricane Ike on Sept. 13 and 14. Beebe previously declared Carroll, Clay, Cleburne, Garland, …
Three years after Hurricane Katrina brought New Orleans’ restaurant industry to its knees, Hurricane Ike has delivered a crippling blow to three New Orleans area restaurant families. Middendorf’s, the legendary seafood house in Manchac, La., was so badly flooded by …
In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the government agency that insures the country’s bank deposits. Wachovia Insurance Services is not included …
Thousands of people in the St. Louis area are still coping with the destruction and inconveniences left behind after the area was hit by flash flooding on Sept. 14. Hundreds of homes have been condemned pending repairs and some still …
Needham, Mass.-based Provider Insurance Group, Inc. has acquired the James Gorman Insurance Agency’s personal lines of insurance. The acquisition includes about 300 accounts of personal lines of insurance and 80 accounts of commercial lines. James Gorman Agency is located in …
Columbus, Ohio-based Grange Insurance recently named Ohio State President E. Gordon Gee to its board of directors effective Oct. 1, 2008. Gee replaces James L. Setterlin who recently announced his retirement from the Board after 21 years of service. Before …
Insurance regulators in New York and Bermuda have signed an agreement that calls for closer cooperation between the two agencies in overseeing insurance matters. New York State Insurance Superintendent Eric Dinallo and Matthew Elderfield, chief executive officer of the Bermuda …
President Bush Tuesday said the U.S. economy was depending on decisive action from the government on a financial bailout plan or the economic damage could be “painful and lasting.” “I assure our citizens and citizens around the world that this …
