Markets/Coverages News

Gallagher Acquires Calif. Broker

Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co. announced the acquisition of Avery-Hammer Insurance Associates, Inc. of Fresno, California....

ALLSTATE TO REFUND $3.44M:

According to the Texas Attorney General’s Office, Allstate and its affiliated insurance companies agreed to a settlement that will result...

D&O, MED MAL ‘HANG TOUGH’:

Although rates of renewal increases in property/casualty insurance lines have slowed overall, some markets continue to be problematic, according to...

PLICO’S MED MAL RATE HIKE:

Oklahoma Insurance Commissioner Carroll Fisher cut the rate increase requested by Physicians Liability Insurance Co. (PLICO) for its medical malpractice...

NAII PRAISES FCRA SIGNING:

The National Association of Independent Insurers lauded President Bush’s signing of the Fair and Accurate Credit Transactions Act of 2003,...