Minnesota Gov. Mark Dayton appointed Mike Rothman as the new Commissioner of Commerce. The Department of Commerce and Revenue regulates the business of insurance in the state. Rothman was most recently an attorney with the firm of Winthrop & Weinstine …
Those photos on Facebook showing you palling around with drunks, the raunchy joke you posted on Twitter, and those links to politically incorrect groups on your personal Web site — all of this information can now become part of your …
Laguna Niguel, Calif.-based Signature Insurance Group, which includes Brakke-Schafnitz Insurance Brokers Inc. (BSIB), Brakke-Schafnitz West (BSW), Saddleback Valley Insurance Centers (SVIC) and Infinity Assurance Group (IAG)), announced that on Feb. 1, 2011, it will be opening new offices in the …
Houston-based Capstone Associated Services Ltd. announced it has formed its 100th captive insurance company. Capstone formed its first captive in 1998 and has since formed captives for a wide variety of middle market businesses with headquarters throughout the United States. …
Connecticut regulators say they recovered approximately $3.4 million last year for consumers who complained that their insurers mishandled their claims — and then handed out another $2.35 million in fines against insurers. The Connecticut Insurance Department’s consumer affairs unit fielded …
A.M. Best Co. has commented that the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Iowa-based Berkley National Insurance Company are unchanged following internal modifications effected by W. R. Berkley Corporation with respect to reinsurance …
A Massachusetts insurance agent has pleaded guilty to pocketing $43,000 in premiums. Richard Coscia Jr., of Winthrop, an employee of Coscia Insurance Agency, pleaded guilty to over two dozen charges, including insurance fraud and larceny, according to the state attorney …
Texas-based retail and managing general agency, The Woodlands Financial Group Inc. (TWFG), has opened three new branch locations — one each in Texas, Oklahoma and Oregon. Berry Olinghouse has opened a new branch location in Owasso, Okla. Olinghouse comes to …
California’s State Compensation Insurance Fund as announced that Ken Van Laar was selected as the new chief risk officer, and Daniel J. Sevilla Jr., who has served in an interim role since October 2010, has been confirmed as chief financial …
Missouri doubled the number licensed captive insurers last year, from six at the end of 2009 to 12 at the end of 2010. The Missouri Department of Insurance says the growth is an indication of Missouri’s attractiveness as a captive …
