August 31, 2011
As the water recedes from Hurricane Irene, lawyers are expecting disputes over insurance coverage to pour in. The biggest fights will stem from arguments over property damage and whether it resulted from wind or water, legal experts said. Similar questions …
August 31, 2011
General Star has launched a delegated authority platform to distribute its NutraAdvantageproduct nationwide. Wholesale broker Worldwide Facilities, Inc., Los Angeles, Calif., has been appointed as the sole producer for this binding authority arrangement. Created by General Star in November 2007, …
August 31, 2011
Global insurance broker Marsh said it will acquire the brokerage business of African insurance firm Alexander Forbes. This business comprises Alexander Forbes Risk Services (AFRS) and certain local and correspondent operations serviced across sub-Saharan Africa, including Botswana and Namibia. The …
August 31, 2011
NAS Insurance Services’ tenant discrimination insurance no longer includes co-insurance. NAS’ tenant discrimination insurance also includes full prior acts coverage, free choice of counsel and can be combined with employment practices liability insurance. Tenant discrimination insurance defends property owners from …
August 31, 2011
An Omaha man has pleaded guilty to mail fraud while he was working as a claims examiner for an insurance company. The U.S. attorney’s office says that William Bouda faces up to 20 years in prison when he’s sentenced on …
August 31, 2011
Lewiston, Maine-based Northeast Bank Insurance Group has been acquired by local agencies in two separate transactions effective Sept. 1. The Varney Agency, of Bangor, Maine, will purchase the assets of nine Northeast Bank insurance offices covering southern, central, and western …
August 31, 2011
TDECU Insurance Agency LLC in Lake Jackson, Texas, has added Wesley “Wes” Wolff as president. He brings more than 30 years of insurance agency expertise including sales, sales management and strong leadership, the agency said. Wolff joins TDECU Insurance Agency …
August 31, 2011
A new Illinois law requires insurance companies to offer coverage for services meant to get smokers to kick the habit. The American Lung Association in Illinois enthusiastically backs the law. It says the law could be a tremendous help to …
August 31, 2011
The market value of a state worker health insurance program that Gov. Bobby Jindal is considering privatizing has been pegged between $133 million and $217 million, according to an audit released Aug. 29. The assessment by New Orleans-based Chaffe & …
August 31, 2011
Calling the crime a “despicable act,” a Louisiana judge has sentenced a 22-year-old man to life in prison in the killing of a Georgia insurance agent during an armed robbery at the Waffle House. The Advocate reports state District Judge …