United Fire & Casualty Co., based in Cedar Rapids, Iowa, announced that East Coast Regional Office Branch Manager Ray Dudonis has been named vice president. Dudonis joined Mercer Insurance Group, a subsidiary of United Fire & Casualty, in 2006 as …
Punitive damages may not be recovered from the estate of a “wrongdoer,” the Iowa Supreme Court has ruled. The Court’s decision in a case involving a damage dispute between rural land owners upholds a lower court decision and reaffirms previous …
Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has launched an online jewelers block program. The program is available in all 50 states on an admitted basis with an “A” rated XV carrier. …
A Houma man has been sentenced to one year in prison for fraudulently receiving money from the $20 billion claims fund that BP PLC established after the Gulf of Mexico oil spill. U.S. District Judge Jay Zainey also ordered 25-year-old …
Oklahoma Insurance Commissioner John Doak has revoked a Stigler woman’s license to sell insurance, and the agent and her husband have been charged with crimes including the embezzlement of more than $37,000 from insurance companies and $576 from policyholders. Amanda …
Indiana’s $5 million cap on liability in accidents is far too low for the number of deaths and injuries involved in the recent deadly stage collapse at the state fair, personal-injury lawyers say. The Indianapolis Business Journal reported that Indiana …
A state insurance fund has rejected a claim filed by North Dakota State University for the collapse of Minard Hall. The State Fire and Tornado Fund letter of denial obtained by The Forum newspaper says the incident was caused by …
Former New York Governor Eliot Spitzer has been hit with a $60 million libel lawsuit by a former Marsh & McLennan Cos. executive over a column posted on Slate.com concerning an insurance bid-rigging scandal. William Gilman, a former Marsh executive …
California Insurance Commissioner Dave Jones today announced that Susana Ragos Chung, 60, a Los Angeles area based attorney has been sentenced in Alameda Superior Court for Insurance Fraud. Chung entered pleas of no contest on two felony counts for violations …
Crop insurance, research and export promotion should be among the top priorities in the next federal farm bill, say spokesmen for North Dakota agricultural groups, who are bracing for cuts in federal spending. “We’ll have less resources to work with,” …
