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Marsh Settles Insurance Bid-Rigging Charges with 9 States for $7 Million
Nine states have reached a $7 million settlement with New York-based insurance broker Marsh, Inc., Marsh & McLennan Companies, Inc., resolving a four-year investigation into Marsh's role in a ...

North Carolina Commissioner Goodwin's in Select Community
It's a select community. Only 11 state insurance commissioners across the country are elected rather than appointed. Wayne Goodwin is now one of the 11. He won the Nov. 4 election to succeed Jim ...

Florida Task Force Set to Vote on Citizens Insurance Reforms Today
An 11-member task force charged with making recommendations on how to depopulate Florida's high risk property insurer and return it to its original purpose as a market of last resort is voting ...

Allstate To Raise California Homeowners' Insurance Rates 6.9%
The California Department of Insurance has approved Allstate Insurance's request to raise its homeowners multi-peril insurance rates 6.9 percent. For information, visit ...

Illinois Prison Inmate's Family Wins $13 Million Settlement
An Illinois prison inmate who killed his cellmate after apparently warning guards three times that's what he planned to do must pay the dead inmate's mother $13 million. A federal judge in ...

Robertson Taylor Adds Music/ Entertainment Insurance Specialist
U.K.-based Robertson Taylor, the specialist global music and entertainment subsidiary of Lloyd's insurance broker Oxygen, has expanded its Fine Arts Division with the appointment of Victoria ...

Study: California Earthquake Would Accelerate US Mortgage Meltdown
In light of current economic conditions, a major catastrophe such as an earthquake in California would bring new misery to both U.S. and international financiers, according to an analysis released ...

Fire Fatalities Confirmed at North Texas Homeless Shelter
Fire ripped through a small-town homeless shelter in the Northeast Texas town of Paris early in the morning of Jan. 5, killing multiple people and forcing dozens to be relocated, the town's fire ...

New York City Cabs Could Get Cameras in Accident-Curbing Plan
New York City plans to install digital cameras on the outside of cabs in an effort to detect reckless driving and deter auto accidents. But a taxi drivers' advocacy group says the technology would ...

Connecticut Levies $5.9M Fine for Hole-in-One Prizes
Connecticut officials have levied a $5.9 million fine against a man who runs businesses paying for hole-in-one prizes on behalf of clients. The state Insurance Department says Kevin Kolenda's ...

HCC Acquires Massachusetts-Based Lumber Underwriter, VMGU Insurance
Houston-based specialty insurer HCC Insurance Holdings, Inc. has acquired VMGU Insurance Agency, an underwriter of the lumber, building materials, forest products and woodworking industries. ...

Two Major Insurance Recovery Law Firms Merge
National insurance recovery law firm Anderson Kill & Olick, P.C. continues to grow its national practice through its merger with Wood & Bender LLP.    Based in southern California, Wood & ...

Carolina Contractors Endorse Swett & Crawford Stucco Insurance
Wholesale insurance broker Swett & Crawford has won the endorsement of the Carolina Lathing & Plastering Contractors Association for its insurance program designed especially to cover the risks ...

Williams Promoted to Commercial Underwriter at First Premium
Covington, La.-based First Premium Insurance Group Inc., a growing regional property and casualty insurance broker and certified managing general agent, has promoted Kellie Williams to commercial ...

Two South Dakota Fire Departments Receive $240,000 in FEMA Grants
The Federal Emergency Management Agency has awarded a total of more than $240,000 to two South Dakota fire departments. The McIntosh Volunteer Fire Department gets most of the money, over ...