Altamonte Springs, Fl, 6/27/11 – North American Risk Services (NARS) has appointed Jon Palmquist to the newly created role of General Counsel and Director of Field Operations. Palmquist has more than 25 years of experience in the insurance and claims …
A new agreement on surplus lines insurance means Mississippi should get about $16 million in tax revenue of which about $10 million will go into the state’s wind pool, according to Insurance Commissioner Mike Chaney. Chaney, speaking Thursday in Pascagoula, …
A southwestern Illinois chiropractor already sentenced to federal prison for health-care fraud and money laundering has been ordered to pay nearly $1.9 million in restitution. Forty-one-year-old John Hardimon of Shiloh pleaded guilty last October in federal court in East St. …
Insurance Commissioner Ralph Hudgens said a Macon insurance agent has pled guilty to insurance fraud charges. Broadus W. Marshall Jr., 58, was sentenced to ten years of probation, ordered to pay restitution, and do community service. Marshall also voluntarily surrendered …
Mexico Friday announced that it has bought more than $400 million worth of insurance to protect vulnerable areas from the impact of hurricanes and other natural disasters. Mexico purchased 4.8 billion pesos ($404 million) of insurance to “protect public infrastructure …
Yellowstone County commissioners have approved the final insurance settlement for the Rimrock Auto Arena at MetraPark, which was severely damaged by a tornado last summer. The Billings Gazette reports the commission approved the $28.3 million settlement with insurer Affiliated FM …
An avalanche slammed into a popular backcountry hotel on the west side of Montana’s Glacier National Park, filling some rooms with snow. Sperry Chalet officials say the risk of another slide is preventing a full damage assessment, but they believe …
Two diamond dealers will spend more than a year in prison after being convicted of staging a heist in hopes of snaring insurance money to save their failing New York City business. Mahaveer Kankariya and Atul Shah were sentenced Friday …
A western Michigan man excluded from his wife’s insurance policy still is eligible for benefits in a drunken crash, thanks to a line of court decisions that covers joyriders from the same family. The state appeals court on Wednesday reluctantly …
More than 400 Oklahoma schools have received notices of expected insurance rate increases averaging 19.5 percent. The notice from the Oklahoma Schools Insurance Group, which provides various types of coverage to 440 of Oklahoma’s 526 school districts, comes after schools …