August 24, 2011
Managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. has appointed Tony Greer as senior broker in its Austin, Texas, office. Greer has five years of experience in the insurance industry and specializes in property, inland marine …
August 24, 2011
Argo Surety, a member ofArgo Group International Holdings, has established a presence in the Chicago area with the appointment of Dan Carlson as vice president for North Central and Western U.S. Regions. In addition, it is now offering up to …
August 24, 2011
Wells Fargo Insurance Services USA Inc., part of Wells Fargo & Co., has named James S. Wylie senior vice president and managing director for its Chicago and Milwaukee offices. Wylie will oversee all operations including client service and sales, market …
August 24, 2011
An Austin attorney was arrested Aug. 22 on federal racketeering charges alleging bribery of an already-convicted Texas judge, as well as witnesses in state and federal cases. Marc Rosenthal’s indictment is only the latest of several tied to former state …
August 24, 2011
The Minnesota Department of Commerce has undergone a reorganization that includes a new Division of Insurance aimed at unifying and strengthening insurance regulation in that state. The Minnesota Division of Insurance houses the department’s insurance units, unifying regulatory oversight of …
August 24, 2011
A.M. Best Co. has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of AMEX Assurance Company, a wholly owned subsidiary of American Express Company. The outlook for both ratings is …
August 24, 2011
California’s highest court has ruled that accident plaintiffs may only recover economic damages equal to the amount paid by their insurer and not the higher amount billed. The opinion stated that “the negotiated rate differential is not a benefit provided …
August 24, 2011
Virginia’s earthquake isn’t the only notable temblor to hit the United States this week. On Monday the largest earthquake to strike Colorado in almost 40 years shook hundreds of people in the southern part of the state and in northern …
August 24, 2011
Caught square in the path of Irene, the first major hurricane of the season, the coastal insurance plans in North and South Carolina are prepared to absorb what may be their first major losses in years. Both plans appear to …
August 24, 2011
About $323,000 has been awarded to a hospital as part of a civil suit filed by the family of a 93-year-old Bay City man who froze to death after a power-limiting device was placed on his electricity meter because of …