Virginia Governor Timothy M. Kaine said his state will appeal a decision by the U.S. Federal Emergency Management Agency (FEMA) to deny individual disaster assistance for Virginians affected by Tropical Depression Ernesto. The storm, which began on August 29th, caused …
Safeco Corp. has announced plans to lay off or reassign 240 employees as part of a restructuring aimed at cutting $75 million from the insurance company’s annual expenses by the end of the year. Most of the employees affected will …
Dongbu Insurance Co. Inc., South Korea’s second-largest insurer, marked its entry into the U.S. market with a reception in Waikiki. Dongbu, a member of the Dongbu Group conglomerate, is the first foreign company to take advantage of Hawaii’s port of …
Twelve suspects in California have been arrested on felony insurance fraud charges. The arrests were the result of a three-and-a-half year investigation into Accident Help Line Medical Group (Accident Help Line) for insurance fraud. The arrests were made by investigators …
Following rate filings from eight insurers representing 577,291 motorists, California Insurance Commissioner John Garamendi announced that drivers in California stand to save roughly $50 annually on their auto insurance rates, if the filings are approved by the Department. The eight …
Texas Attorney General Greg Abbott has obtained a court-ordered temporary injunction to stop any further business solicitations and transactions of unlicensed pest control operator Ronald L. Speer Jr., who owns Pro Services Termite & Pest Control of Austin and Round …
Catlin Group Limited, the international speciality property/casualty insurer and reinsurer, announced that Catlin US has established a Primary and Excess Casualty underwriting unit based in Atlanta. The five-person unit, headed by Vice President Steve Singer, will underwrite specialty classes of …
Willis Group Holdings has launched the Multinational Benefits unit, a specialized subdivision within Willis’ Global Employee Benefits Practice. The new unit will operate out of three multinational benefits centers of expertise in New York, Copenhagen and in Paris via Willis’ …
Cora Barran of Farmers Insurance Group has been elected president of the Insurance Marketing Communications Association (IMCA) for the 2006-2007 year. Barran is advertising manager for Farmers Insurance Group in Los Angeles, where she oversees national brand and local agent …
The Louisiana Department of Insurance on Friday said just over $2.4 billion had been paid out by insurers as of August 31 for damage caused by Hurricane Rita a year ago. The amount was paid out on 200,582 claims in …