News

TWFG Buys Heartland Marketing Group

The Woodlands Financial Group (TWFG) a large privately held insurance organization headquartered in The Woodlands, Texas, announced it has acquired Texans CUSO Insurance Group LLC dba Heartland Marketing Group. Heartland Marketing and Heartland Specialty will be merged into TWFG General …

Western Heritage Creates Garage Division

Western Heritage Insurance Company has introduced a garage division to help the company grow its garage offerings and partner with new agents. “There is tremendous opportunity in the garage niche, especially with small to mid-sized companies,” said Western Heritage president …

Hartford Financial to Sell Life Private Placement Unit for $117.5M

Hartford Financial Services Group is selling all assets of its Hartford Life Private Placement unit to Philadelphia Financial Group Inc. for $117.5 million. Hartford Life Private Placement, based in Florham Park, N.J., provides insurance and wealth management services for consumers …

Health Claim Denials Top Ohio Insurance Complaints

A newspaper’s analysis shows the most common complaints received by the Ohio Department of Insurance come from people who had health claims denied. The Columbus Dispatch reports the department got more than 3,100 complaints last year and in the first …

Insurance Company Liquidation Paying $4.1 Million to Ohio Consumers

Ohio Lt. Governor and Department of Insurance Director Mary Taylor announced the successful completion of The Physicians’ Assurance Corp. (TPAC) liquidation proceeding. TPAC was ordered into liquidation on Aug. 18, 2009. The Ohio Department of Insurance worked with Ohio health …

Louisiana Insurance Fraud Fugitive Held

A former Baton Rouge, La., man who once faked his death to elude authorities must remain in custody until more hearings in his case. The Advocate reports that Milton Windsor Harris appeared before U.S. Magistrate Christine Noland in Baton Rouge. …

Starr Sets up Global Casualty Practice

Starr Companies has formed a Global Casualty Insurance Practice to provide underwriting for Starr’s general casualty insurance products. The new practice was designed to help continue a focused and consistent delivery of insurance around the world. Products will continue to …

Connecticut Probes Fraud in Post-Irene Food Aid Program

Scores of Connecticut residents, including some state workers, might have requested and received federal emergency money to replace spoiled food and cover other expenses after Hurricane Irene even though their incomes clearly disqualified them, state officials said Sunday. Gov. Dannel …

Drug Enforcer Anderson Named Florida’s Insurance Fraud Investigator

Florida Chief Financial Officer Jeff Atwater has named Daniel Anderson to serve as the state’s lead insurance fraud investigator. Anderson will take over as the director of the state’s Division of Insurance Fraud, where he will oversee 155 sworn law …

Floridians Would Pay More to Shore-Up Cat Fund: Survey

A new survey finds that 70 percent of Floridians fear being assessed hundreds or thousands of dollars in “hurricane taxes” because the state’s Hurricane Catastrophe Fund may run out of money to pay insurance claims. The telephone survey of 805 …

News Archives by Month