Former Gulfport Mayor Brent Warr has been sentenced to probation in a plea deal on Hurricane Katrina fraud charges that let him and his wife walk out of court with no prison time. Warr pleaded guilty in U.S. District County …
Georgia Insurance Commissioner John Oxendine has raised the estimated cost of damage caused by heavy flooding in parts of north Georgia to $500 million. The new figure is twice as much as last Tuesday’s initial damage estimate of $250 million. …
Safety investigators told federal regulators three years ago that it was dangerous for bus drivers to talk on cell phones while driving and recommended a ban. The National Transportation Safety Board put that recommendation on its list of most important …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of German insurer HDI-Gerling Industrie Versicherung AG. Best also affirmed the debt rating of “bbb+” on the €250 million …
Columbus, Ohio-based Belron US, operators of Safelite AutoGlass, has agreed to acquire all of the vehicle glass repair and replacement assets of IGD Industries. These businesses include: Auto Glass Center Inc.; Auto Glass Center of Kansas Inc.; Arnie’s Auto Glass …
AXA Art Insurance, which is headquartered in New York City and operates internationally, has appointed Colin Quinn as director of Claims Management. In this capacity, he will be responsible for overseeing day to day management of the company’s claims division …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of German insurer HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.), the ultimate mutual parent company of Talanx AG, …
Allstate Insurance will no longer pay emergency living expenses for about 16,000 of its coastal homeowners in Louisiana who have wind and hail coverage through another carrier. The change affects about 10 percent of Allstate’s 160,000 covered homeowners in the …
The driver of a tractor-trailer that slammed into a line of stopped cars on a turnpike in northeastern Oklahoma in June, killing 10 people, has pleaded not guilty to 10 misdemeanor counts of negligent homicide. Donald L. Creed, 76, of …
Insurance Commissioner Adam Hamm says he’ll seek changes in North Dakota’s insurance laws to stop companies from using domestic violence as a reason to deny health insurance coverage. Hamm says he was recently told of a report by the National …