Yearly Archives: <span>2012</span>

Meadowbrook Insurance Group: $5.1M Known Claims from Hurricane Sandy

Meadowbrook Insurance Group Inc., headquartered in Southfield, Mich., reported that so far it has approximately $5.1 million of known claims resulting from Hurricane Sandy. The claims reported from Hurricane Sandy are primarily limited to marine and properties in the Northeast. …

Mississippi Regulator Advises Holiday Decorating With Safety in Mind

This Christmas, hanging the stockings by the chimney is not the only holiday decorating that needs to be done with care. Mississippi’s Insurance Commissioner and State Fire Marshal Mike Chaney recommends that everyone decorate for the holidays with fire safety …

How Important Is Price in Media Buying?

As we are getting closer to the Holidays, most of us in media find ourselves looking into crystal balls to come up with forecasts, and are in the middle of making marketing and advertising plans for the upcoming year. This …

Main Street America Launches Commercial Lines in Mississippi

The Main Street America Group has announced it will start offering commercial line products in Mississippi through 50 independent agents that represent the insurer’s affiliate, Grain Dealers Mutual Insurance Co.The commercial products include the Main Line Business Owners Policy, which …

Peasley Joins Alliant As First Vice President In Southern California

Alliant Insurance Services Inc. named James C. Peasley as first vice president in its Newport Beach, Calif. headquarters. Peasley has 20 years of experience that includes underwriting, insurance brokerage, and account management, with a focus on structuring loss-sensitive and alternative …

States Plan to Sue EPA Over Greenhouse Gas Regulations

A coalition of seven eastern states led by New York plans to sue the U.S. Environmental Protection Agency for failing to issue new guidelines to curb methane emissions, a greenhouse gas that may be linked to climate change. In a …

Berkshire Hathaway Buys Back $1.2B of Stock

Berkshire Hathaway Inc. said on Wednesday that it had repurchased $1.2 billion of its own stock and raised the price at which it is willing to buy back shares. The conglomerate run by Warren Buffett, which operates a variety of …

Georgia Opens Mock City for Disaster Training

A mock city designed to help emergency workers train for disasters is now open for business in central Georgia. The Telegraph reported that the first exercises are being held at the Guardian Centers at the former Northrop Grumman plant in …

Tennessee Will Leave Health Insurance Exchange to Federal Government

Gov. Bill Haslam announced this week that Tennessee will not create a state-run health insurance exchange, but the Republican governor said he remains undecided about whether to expand Medicaid. Haslam said in a speech to the Nashville Rotary Club that …

Best Sees No Change in AIG’s Ratings from U.S. Treasury Share Sale, ILFC Deal

A.M. Best Co. has commented that the issuer credit rating of “bbb” of American International Group is unchanged following the announcement of the U.S. Treasury’s plan to sell its remaining holdings of AIG’s common equity and AIG’s agreement with an …