The insurer of a $1.2 million sports car that plunged into a Galveston Bay lagoon two years ago says the owner deliberately drove into the marsh to collect on a $2.2 million insurance policy. No trial date has been set …
Broadspire, a third party administrator (TPA) and medical management services provider, announced it has launched its workers’ compensation health care network (HCN) in Texas. The Broadspire workers’ compensation HCN is a certified network that is part of Broadspire’s state-stratified, multi-tiered …
Renton, Wash.-based Insurance provider Bell-Anderson Agency Inc. has acquired Cornelius Insurance of Newman Lake, Wash. Cornelius’ owner, Rick Cornelius, joins the agency’s growing presence in the Spokane area. Bell-Anderson, which has six offices throughout Washington, is locally owned and operated.
The role of an agent or broker as a trusted advisor to contractor clients is more important than ever given today’s challenging business environment. One of the many ways you can add value to your client relationships is to identify …
Howden Broking Group, the broking arm of Hyperion Insurance Group, has appointed Brian Dallamore as a non-executive director of the board that oversees Howden’s retail operations in South East Asia. Brian has over 32 years’ experience in Asia, having previously …
AssuredPartners, a portfolio company of Chicago-based private equity firm GTCR, has purchased SKCG Group, a White Plains, N.Y.-based agency. The company said the SKCG acquisition provides a strategic asset and an opportunity to expand into the greater New York metropolitan …
The U.S. Department of Agriculture’s Risk Management Agency will insure camelina through a pilot program in 2012. It will be available in Montana and North Dakota, and sales will close Feb. 1, 2012. The USDA has recently shown interest in …
KMRD Partners, a Warrington, Penn.-based risk management consulting firm and property/casualty insurance broker, has acquired assets of General InsurCorp. Based in West Chester, Penn., General InsurCorp has been operating as an independent agency, supplying both personal and business lines of …
Toyota Motor Corp has won the dismissal of a U.S. lawsuit brought by vehicle owners in 14 other countries who said their Toyotas lost value because of the Japanese automaker’s mishandling of alleged unintended acceleration problems. U.S. District Judge James …
Nearly half of the U.S. property insurance policies renewed in the current quarter have been at higher prices, brokerage Marsh said on Friday, adding fuel to an industry turnaround after years of declining rates. Marsh said 48 percent of property …
