Newsbriefs

NY LIFE SETTLES ARMENIAN CLAIMS

New York Life Insurance Company reached an agreement with plaintiff’s attorneys under which the company will pay all valid claims...

LAW AND ORDER

New residential property insurance amendatory endorsements adding $5,000 in “law and ordinance” coverage to standard homeowners and dwelling policy forms...

KATY AGENCY ACQUIRED

Brown & Brown Inc. has acquired substantially all of the assets of Vaught Insurance Services in Katy, Texas. The company...

FORE!

Local associations around Texas have planned their annual golf outing fundraisers. The 2001 Insurance Women of Austin Golf tournament has...

SAI TO LEAVE TEXAS

SAI Plus, LLC, of Rockville, Md., has agreed today to stop its unlicensed health insurance business in Texas and to...

CROP RIP-OFF’

A North Texas independent crop adjuster has pleaded guilty to one charge of presenting false claims to the U.S. Department...

iwix.net CEASES OPERATIONS

iwix.net, an Internet specialty insurance marketplace, will close effective April 30 due to its inability to secure additional funding. The...

HIGHLANDS’ S&P RATING LOWERED

Standard & Poor’s has lowered its financial strength ratings on all members of the Highlands Insurance Group, to double-‘Bpi’ from...

AFTERMARKET AFFIRMATION

Two weeks ago, an Illinois state Appellate Court upheld most of a lower court’s verdict in a nationwide class-action lawsuit...

WORKCOMPNOW.COM COMES TO TEXAS

Protegrity Services, an insurance products and services company, has expanded its Internet-based underwriting and rating service, workcompnow.com. Arizona, Illinois, Indiana,...

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