Flanked by legal counsel, Emma Schwartzman, the great, great granddaughter of a Safeco founder, announced the filing of a lawsuit on behalf of Safeco shareholders against former CEO Mike McGavick. The central claim in the suit is that McGavick was …
The Western Insurance Agents Association has issued a statement saying the settlement that St. Paul Travelers has just reached with attorneys general from Connecticut, Illinois, and New York is the latest attempt by an insurer to haphazardly and expediently put …
The Insurance Council of Texas (ICT) will host its 2006 Workers’ Compensation Conference in Austin on Sept. 20 at the Hyatt Regency. Workers’ Compensation Commissioner Albert Betts will be the conference keynote speaker. Commissioner Betts will discuss the on-going efforts …
U.S. Agriculture Secretary Mike Johanns approved a natural disaster designation for all 77 counties in Oklahoma because of recent drought conditions, the governor’s office announced July 31. The designation means Oklahoma farmers and ranchers may be considered for low-interest loans …
Some North Dakota sunflower farmers are growing frustrated at the federal government about an insurance program that both sides agree needs changing. The Agriculture Department’s Risk Management Agency says it is proposing a change in the interest of simplifying the …
Kansas Insurance Commissioner Sandy Praeger announced that nearly $9 million is being distributed to Firefighter Relief Associations from the Firefighters Relief Fund this year. This fund is used to assist firefighters and their families when accidents or death occur in …
A Claremore, Okla., man is facing nine felony counts of caretaker exploitation after an investigation by Attorney General Drew Edmondson’s Patient Abuse and Medicaid Fraud Control Unit. Mark Neil Ferris, 49, was charged today in Tulsa County District Court. Ferris …
Arkansas Gov. Mike Huckabee has signed rules to enforce a statewide workplace smoking ban and said he believes most businesses in the state will view clean air as a smart business choice. “Breathe easy, Arkansas,” Huckabee said after signing the …
Allstate Insurance Co. has no immediate plan to drop wind coverage for homeowners in 18 coastal parishes, but the insurer wants to find new ways to offset potential losses if more hurricanes trigger big claims in south Louisiana, the state’s …
The most recent bulletin from Miami’s National Hurricane Center indicates that Tropical Storm Chris now packs “maximum sustained winds near 60 mph/95 km/hr. with higher gusts.” The NHC said “some strengthening is forecast during the next 24 hours and Chris …