Monthly Archives: <span>August 2010</span>

$275M in Louisiana Property Insurance Assessment Refunds Unclaimed

More than $275 million in special property insurance assessments have not been reclaimed, and Louisiana policyholders will lose that money if they don’t act before the year is over. The assessments were imposed on private polices over the past four …

Storm Advice Offered for Florida Cell Phone Users

With Hurricane Danielle and Tropical Storm Earl roaming the Atlantic Ocean and signaling the start of the most active period of the 2010 storm season, Verizon Wireless urged Florida residents to prepare their emergency communication plans, and offered a few …

Louisiana’s First Premium Insurance to Process Oil Worker Fund Claims

A Covington, La., company has been hired to process applications for money from a $100 million fund set up by BP to help oil rig workers idled by a federal moratorium on new deepwater drilling in the Gulf of Mexico. …

Former North Dakota Work Comp Director Demands New Trial

Former North Dakota workers’ compensation director Sandy Blunt should have his felony conviction for misspending public funds dismissed because prosecutors withheld evidence before his trial, Blunt’s lawyer argued Aug. 26. Prosecutors did not turn over copies of a Bureau of …

Keystone Welcomes Palmer Miller Nelson as Ohio Partner

Palmer Miller Nelson Insurance Agency Inc. (PMN) of Columbus, Ohio, has become Keystone Insurers Group’s 24th franchise partner in Ohio. The new arrangement was announced jointly by PMN President Steven Miller and Keystone’s Ohio Vice President Angie Engelke. In business …

Keystone Adds Two Kentucky Agencies to Network

Keystone Insurers Group today announced the addition of two more franchisees to its growing list of partner agencies. Both are in Kentucky. Houk Insurance Agency of Horse Cave and Mountain Valley Insurance in Barbourville bring the Kentucky franchise total to …

SullivanCurtisMonroe Names Wallace VP in Pasadena

Irvine, Calif.-based SullivanCurtisMonroe has named Gayleen Wallace vice president in its Pasadena, Calif., office. Wallace joins SCM from Bolton, where she was a producer. She has more than 20 years of commercial property/casualty experience.

Judge Allows Lawsuits Against Bank of America Executives Over Merrill Deal

A Manhattan federal judge refused to dismiss shareholder lawsuits against Bank of America Corp and various executives and directors over the purchase of Merrill Lynch & Co. during the 2008 financial crisis and disclosures about Merrill’s losses and bonus payouts. …

Stanford, Execs Deny Key Role in Alleged Fraud Cited by Lloyd’s

Lawyers for Texas financier Allen Stanford and two accounting executives who worked for him sought to distance their clients Friday from the alleged financial wrongdoing insurer Lloyd’s of London cites as a reason to void a policy covering their defense …

EagleBank Partners with The Meltzer Group

Maryland-based EagleBank has launched a referral program with Bethesada-based insurance agency The Meltzer Group. This program focuses on all major lines of insurance. “We’re very excited about this new relationship with The Meltzer Group, and know that we are able …