Beginning with policies that renew Oct. 9, the company will drop home coverage for customers who don’t also have Allstate auto insurance and whose homes are more than 10 years old and insured for less than $220,000. Allstate has only one exclusive agency in Beaufort and Jasper counties, an office on Hilton Head Island that opened this month.
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ALBANY, N.Y.– Nationwide Mutual Insurance Co. has become the first major insurance company to say it won’t cover damage related to a gas drilling process that blasts chemical-laden water deep into the ground. Nationwide spokeswoman Nancy Smeltzer said Thursday the Columbus, Ohio- based company’s personal and commercial policies “were not designed to cover”…
SLIEMA, Malta—- Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced today that its newest subsidiary, ArgoGlobal SE, has received formal approval from local regulatory authorities to underwrite business through its branches in Spain and France. In addition to its headquarters in…
The preliminary cause of death was determined to be pulmonary embolism, Horry County deputy coroner Tony Hendrick said in a statement on Tuesday. Click here to view a gallery of photos from Rembert’s football career at Marshall, from the Huntington Herald Dispatch. The team was coached by Ken Hovet, who died in 2010 from kidney cancer.
Blue Cross Blue Shield of Delaware has been renamed Highmark Blue Cross Blue Shield Delaware following its affiliation with the Pennsylvania- based Highmark Inc. in a deal approved by the Delaware Department of Insurance last December. Blue Cross Blue Shield of Delaware is to remain a separate, Delaware- based, nonprofit health service corporation, with its…
A former Allstate agent has filed a $15 million lawsuit against the company, claiming it took over his agency and clients to direct them instead to a younger agent, according to court records. Larry Stevens, who had a longtime Allstate insurance agency in Kentucky, claims the company breached his contract and he was a victim of fraud perpetrated by the company,…
The culprit tagged a wall of Jacksonville Magazine’s building on King Street near Park about two weeks ago, along with the popular Whiteway Deli and Beer: 30, a new craft beer store. Joseph White, the magazine’s publisher, said the trouble has taken a little breath from the excitement along his stretch. Sheriff’s Office spokeswoman Melissa Bujeda said graffiti…
New York, NY July 12, 2012. AffordableInsurancePlans.com is an all-in-one stop for resource, tips, and quotes on car insurance and many other types of insurance coverage. To help consumers avoid paying extra on car insurance, AffordableInsurancePlans.com, part of the Insurance Quotes USA network, reveals the most expensive cars to insure. “
Kroll Bond Rating Agency assigns final ratings to four classes of Flagship Credit Auto Trust 2012-1, a subprime auto ABS transaction. The Flagship Credit Auto Trust 2012-1 are asset-backed securities collateralized by $115 million of subprime auto loan receivables. About Kroll Bond Rating Agency.
On Wednesday, July 11, 2012, Judge Michael Simon of the United States District Court for the District of Oregon issued a ruling that permitted the Plaintiffs’ breach of contract claims to proceed in a nationwide class action alleging that Bank of America improperly force-placed high-premium flood insurance policies on homeowners across the United States.
MADISON, Wis., July 12, 2012– Dean Health Plan signed an agreement with Green Bay, Wisconsin- based Prevea Health and St. Vincent Hospital to offer health insurance products through an integrated, managed care provider network in northeastern Wisconsin. Products will be marketed under the brand name of Prevea360 Health Plan and will be underwritten and…
Investment Centers of America today announced the appointment of Jim Komoszewski as regional manager and senior vice president of practice management. In his new role, Mr. Komoszewski will oversee the firm’ s practice management program, which provides tools and resources that help financial advisers improve the efficiency and profitability of their…
The following discussions of financial condition and results of operations should be read in conjunction with the unaudited interim financial statements and notes to such statements and the cautionary statement regarding forward-looking statements found at the beginning of Part I, Item 1, of this Quarterly Report on Form 10- Q, as well as our…
Quality of hires trumps other factors. H alf of the employees in the insurance industry are above average in quality and half are of below-average quality. In his best-selling books, author Jim Collins reminds us that the single most important factor in the making of a great company is having the right person in every seat of the bus.
Insurers are likely to deny coverage for this disturbing activity. In a growing number of instances, some youths are finding that their involvement in cyberbullying is getting them in deep trouble; in other words, when a child, pre-teen or teen harasses, threatens and/or torments other youths through use of the Internet or other electronic devices.
Digested from case reports published in Westlaw, West Publishing Co., St. Paul, MN. On March 17, 2006, Jacob Latta and Matthew Maisner, both age 22, celebrated St. Patrick’s Day by patronizing several bars and drinking heavily at each. While attempting to pass another car, Latta lost control of his vehicle, crossed over into the opposite lane, and slammed into a car…
SRS Webinar examines legal and jurisdictional considerations. D espite the continuing softinsurance market, it appears that growth in captives continues to gain momentum. In fact, captive growth has managed to persevere through the majority of the current softinsurance market.
A disability can destroy family finances, but a Sun Life survey shows that many employees decline LTD coverage. According to a study released in May by Sun Life Financial, Inc., the answer is “Probably not.” The survey was conducted for Sun Life by Kelton Research, which surveyed more than 2,000 full-time workers across the country to gauge their attitudes and…
Those fairy tales days are over, says James D. Freyer Jr., chief executive officer of Haylor, Freyer& Coon, Inc., based in Syracuse, New York. Haylor, Freyer& Coon was founded in 1928 as a four-person independent agency specializing in personal lines for local firefighters and their families. It has since grown to a national company with 200 employees in 10 offices in its…
