The family of a man who was shot to death by a Carterville police officer three years ago has reached a settlement with the city and Police Department. If the settlement is approved by a court, the city’s insurance company …
Satellite Agency Network Group, Inc. (SAN Group), a network of independent insurance agencies in the New England and New York, has named Christine Roukey as its new director of communications and marketing. Roukey has been with the SAN Group since …
Effective July 1, 2006, the State Corporation Commission’s (SCC) Bureau of Insurance in Virginia will have the authority to license entities as home service contract providers. A new law adopted by the 2006 General Assembly (House Bill 383) established a …
United Restaurants of New York Workers’ Compensation Safety Group #556 has paid a 40 percent dividend to approximately 775 members for policies through Sept. 30, 2005, according to the group’s manager, The Friedlander Group, Inc. This was in addition to …
The U.S. Supreme Court has rejected an appeal from Holocaust survivors in the U.S. who claim they have been cheated out of a fair share of a $1.25 billion settlement over looted assets. Justices had been asked to review a …
Congress opened a fresh debate on the insurance industry’s exemption from federal antitrust laws this week, with some larger insurers indicating a willingness to relinquish the exemption in exchange for regulatory reform that would free them from state regulation. At …
A.M. Best Co. has assigned a debt rating of “bb” to the $50 million senior secured floating rate notes, due June 5, 2009, issued by VASCO Re 2006 Ltd. (the issuer), a newly created Cayman Islands exempted company licensed as …
A.M. Best Co. has assigned a financial strength rating (FSR) of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to Novae Insurance Company Limited (NICL), a newly formed insurer based in the U.K. The outlook is stable. In …
Californians Clyde and Jackie Sewell, both 52, owners of North Pointe Enterprises Inc., and their daughter, Toni Studer, 30, were arrested at their place of business. The Sewells, who are residents of Elverta, Calif., were arrested June 1 and each …
A California Court denied recovery to a 21 year old Taiwanese college coed who suffered tragic life altering injuries in a violent car accident on a County of Los Angeles road. The young woman, a bel ted passenger in a …