Newsbriefs

NATIONAL INSURES THE JACKPOT

Warren Buffett’s National Indemnity is up to the challenge of insuring a $1-billion lottery, the world’s largest ever. Experts say...

FRANKEL’S FRIENDS OR FOES’

Robert Guyer and Robert Todd Bennett, associates of former Greenwich financier Martin Frankel, pleaded guilty on Sept. 18 and Sept....

LAW FOR GENOCIDE VICTIMS, HEIRS

Gov. Gray Davis signed legislation that will permit Armernian genocide victims and their heirs to file suits in California against...

TDI TAKES OVER BENEFIT LIFE

Benefit Life Insurance Co. of Richardson, which specialized in individual accident and health insurance policies, has been placed in court-ordered...

MARINE AGENT BEACHED

A Kentucky insurance agent and agency have agreed to a $50,000 penalty for selling Texans millions of dollars worth of...

UNVEILING ENCOMPASS

CNA Personal Insurance has changed its name to Encompass Insurance, pledging to sell only through independent agents. Encompass sells through...

SGP BRINGS HOME THE MONEY

Summit Global Partners has raised $17.5 million in equity capital, led by Securitas Capital and including Austin Ventures and Mellon...

VESTA BRANCHES OUT

Vesta Insurance Group plans to enter into the banking and non-standard auto markets as part of a strategy to increase...

NO WORKERS’ COMP FEES-FOR NOW

The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that...

INSURSCAPE SCOUTIN’ FOR AGENTS

Insurscape.com™, a workers’ compensation underwriting program that provides total services via e-commerce, launched a national web-based workers’ compensation service to...

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