The Kansas Insurance Department (KID) reported Dec. 21 that Commissioner Sandy Praeger has levied a $5,000 fine against a Kansas-licensed insurance company and has ordered premium refunds for those consumers affected by the company’s statute violations. In an order issued …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Italy’s Societa Cattolica di Assicurazione – Societa Cooperativa. Both ratings gave negative outlooks. Best said the ratings reflect its “expectation …
A Northampton woman claims in a lawsuit filed against the Holyoke nursing home where she worked for three years that she was fired for complaining about improper treatment of patients. Joan Johnson is seeking $56,000 in damages from the companies …
A five-alarm fire has caused heavy damage to a row of stores in the Bronx. Fire Department officials said the fire early Monday damaged a supermarket, a diner and a dental office. The cause was not immediately determined. But officials …
A Circuit Court judge in Florida’s Leon County has ordered the warranty company, Intercontinental Marine Service Corp., which does business as First Warranty Group of Florida, into liquidation. The company, with approximately 10,000 in-force policies in Florida and other states, …
A federal judge has ruled that the negligence of two pilots who took off on the wrong runway was a “substantial factor” in the August 2006 crash of a Comair regional jet in Lexington. U.S. District Judge Karl Forester’s ruling …
Standard & Poor’s Ratings Services said today that it has revised its outlook on the core operating entities of French credit insurance group Coface to negative from stable. The core entities are: — France-based Coface S.A., — Germany-based Coface Kreditversicherung …
Before Mississippi lawmakers passed tort reform that limited damages in civil litigation, Ronnie Lee Lymas’ lawsuit against the store where he was shot wouldn’t have gotten much attention. That’s anything but true now: The case is being characterized as a …
Kentucky Gov. Steve Beshear has banned state employees from sending text messages while driving government-owned vehicles. Beshear issued an executive order that says he took the step in an effort to reduce the number of traffic accidents caused by driver …
The importance of converting leads is clear to anyone who understands the concept of ROI (return on investment). The internet has changed the game in insurance sales, and anyone thinking that the old business models will continue to work is …