Willis Group Holdings, (NYSE:WSH), the global insurance broker, announced today that Willis Energy has recruited John Giblin, who will be based in San Francisco, and Gary Shmalenberger, who will be based in Baltimore, to its North American service team. They …
Business advocates and trial lawyers could be headed for a showdown over Oregon’s product liability laws before the legislative session comes to its scheduled end next week, and the verdict is anything but certain. The fight is over the ban …
A Los Angeles insurer has been fined $100,000 for multiple violations of Washington insurance laws discovered during a market conduct examination of the company by the Washington Office of the Insurance Commissioner. Farmers Insurance Exchange and Truck Insurance Exchange, a …
FinCor Holdings Inc. announced on Friday, June 22 that its Washington Casualty Co. (WCC) subsidiary has had its license to underwrite insurance fully reinstated in Idaho by the Idaho Department of Insurance. FinCor Holdings, a Lansing, Mich.-based provider of specialized …
A Southern California agent has been convicted of one felony count of grand theft and sentenced to serve jail time and pay full restitution to her victims for stealing more than $11,000 from her clients. According to California Department of …
Louisiana’s state legislative auditor said recently his investigators have been blocked in their probe of the state-backed “insurer of last resort” by the group whose staffers perform much of the insurance company’s work. Steve Theriot said his investigators have been …
The Legislature should have oversight of Gov. Kathleen Blanco’s plan to offer $100 million in taxpayer money to insurance companies that agree to write homeowners policies in coastal Louisiana, a Senate committee voted June 22. The Senate Finance Committee amended …
Former Arkansas insurance agent Beverly Gowan was sentenced in White County Circuit Court to 18 months detention with the Department of Community Correction for two counts of insurance fraud and one count of Theft of Property, which is a class …
Standard & Poor’s Ratings Services has assigned its ‘BBB+’ long-term debt rating to the proposed perpetual, junior subordinated, unsecured, callable notes that French insurer Groupama S.A. (rated ‘A’/Positive/) plans to issue this month for a benchmark size. The minimum expected …
A manufacturer of lead pigments used in paint does not have to pay to cleanup Milwaukee properties contaminated with the now-banned substance, a jury ruled Friday, June 22. The Milwaukee County Circuit jury rejected the city of Milwaukee’s claims that …