Newsbriefs

BONDING COMPANY ORDERED TO STOP

Oklahoma Ins-urance Commiss-ioner Kim Holland ordered Global Bonding to stop conducting unauthorized business involving insurance in Oklahoma. The order states...

SAFECO STOPS WRITING PL PROPERTY

As of July 26, Safeco stopped writing new personal property policies in Florida and notified the Florida Office of Insurance...

FORMER AGENCY EMPLOYEE CHARGED

The Oklahoma Attorney General’s office reported that a former employee of Gore’s Southlake Insurance Agency was charged with multiple violations...

DFS: BOGUS HOMEOWNERS INSURANCE

The Department of Financial Services has received reports of an unlicensed entity selling bogus homeowners insurance. Global Insurance Group, headquartered...

20 YEARS LATER, AMBASSADOR AWARD:

A federal jury has awarded Vermont’s insurance commissioner $119.9 million to distribute to creditors of the Ambassador Insurance Co., which...

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