The state will deny a planned home insurance rate increase by Florida Farm Bureau’s two property insurance companies, which have about 140,000 homeowners policies, the Office for Insurance Regulation said. Florida Farm Bureau said it likely will challenge the state’s …
Fourteen more Kansas counties are eligible for individual federal assistance to help recover from severe storms and flooding in the last few months. The Federal Emergency Management Agency says McPherson, Smith and Pottawatomie counties are now part of the May …
Enron Creditors Recovery Corp., formerly known as Enron Corp., said it will receive $149 million as part of a settlement with companies who received payments on short-term debt incurred by the once-mighty energy giant. The settlement resolves claims made by …
Wildfires burned homes and forced the evacuations of villages, a convent and a children’s summer camp in southern Greece, authorities said July 19. The Fire Service reported 115 fires in 24 hours as temperatures reached 39 degrees Celsius (102 Fahrenheit) …
Omaha, Neb.-based workers’ compensation insurer, FirstComp, is celebrating 10 years of business in Arkansas with some big checks and big thanks to independent agencies and policyholders, the company reported. FirstComp is donating $80,000 to community organizations to recognize three Arkansas …
The Federal Trade Commission’s (FTC) study of automobile insurers’ use of credit has reaffirmed the strong connection between credit information and the risk of loss and has determined that its use helps to increase the availability and affordability of insurance …
Texas Mutual Insurance Company announced a $24,664 dividend to the Texas Sign Association (TSA) Comp Group Inc. purchasing group. The dividend was based largely on the group’s premium volume and loss ratio. TSA is open to on-premises sign product manufacturers, …
Kel Plasket has joined Marsh, Berry & Co. as vice president to coordinate their new Agency/Broker Operations Division. Plasket has 25 years of hands-on experience in all areas of agency operations including sales manager, agency owner, CEO, and operations consultant …
A new report by the Insurance Research Council (IRC) shows that public support for red light and speed cameras is strong and growing. The report, Public Attitude Monitor, Issue 1, Highway Safety, analyzes public opinion on a range of issues …
An insurance agent accused of defrauding investors has been arrested in Minnesota. David Skjerven, 60, of Sedona, Ariz., faces charges of theft and insurance fraud. An arrest warrant was issued earlier this month by officials in Norman County, Minn. Officials …