Newsbriefs

INVESTOR GROUP TO BUY REPUBLIC:

The Republic Group of Insurance Companies (Republic), of Dallas, announced that a private investor group has agreed to purchase Republic...

LA. AGENTS SHUT DOWN:

The Louisiana Department of Insurance closed the operations of a Metairie insurance agent on accusations of forgery and misappropriation of...

TDI HALTS APARTMENT SCHEME:

Texas Insurance Commissioner Jose Montemayor issued an emergency cease and desist order against an alleged unauthorized insurance scheme that may...

CE RELIEF FOR ACTIVE DUTY AGENTS

Both Oklahoma and Louisiana are offering relief to insurance agents serving on active duty with the U.S. armed forces in...

STORMS RACK UP $1.2B IN CLAIMS

U.S. property/casualty insurers are expected to pay an estimated $1.2 billion for insured property-loss claims from winter storms and windstorms...

D&O LIABILITY COSTS UP AGAIN

Directors & Officers (D&O) liability insurance cost nearly 30 percent more in 2002, according to Tillinghast Towers Perrin’s 2002 Directors...

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