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3 08, 2015

D.C. Dept. of Insurance, Securities & Banking Names New Acting Commissioner

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The District of Columbia Department of Insurance, Securities & Banking (DISB) confirmed that former DISB senior official Stephen Taylor recently rejoined DISB as its new acting commissioner. Taylor succeeds Chester A. McPherson, who has served as DISB’s acting commissioner since …

The article D.C. Dept. of Insurance, Securities & Banking Names New Acting Commissioner appeared first on Insurance Journal.

3 08, 2015

Judge Sets 2016 Trial Date for Hulk Hogan Sex Tape Lawsuit

By | August 3rd, 2015|Recent Articles|Comments Off on Judge Sets 2016 Trial Date for Hulk Hogan Sex Tape Lawsuit

A Florida judge set a trial date of March 2016 for a lawsuit brought by Hulk Hogan – the biggest name on pro wrestling marquees in the `80s and `90s and later a reality TV star – against the news …

The article Judge Sets 2016 Trial Date for Hulk Hogan Sex Tape Lawsuit appeared first on Insurance Journal.

3 08, 2015

Chubb Did Not Seek Competing Offers Prior to ACE Deal

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Chubb Corp. and its bankers at Guggenheim Securities opted against seeking competing offers before the insurer agreed to be purchased by ACE Ltd. for more than $28 billion. “It was not asked by the Chubb board to, and Guggenheim Securities …

The article Chubb Did Not Seek Competing Offers Prior to ACE Deal appeared first on Insurance Journal.

3 08, 2015

West Virginia to See Decrease in Workers’ Comp Premiums

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Gov. Earl Ray Tomblin says employers in the state will see an estimated $43 million reduction in workers’ compensation premiums in the coming year. Tomblin says employers have saved more than $323 million since the program was privatized in 2006. …

The article West Virginia to See Decrease in Workers’ Comp Premiums appeared first on Insurance Journal.

3 08, 2015

Arthur J. Gallagher Completes Acquisition of William Gallagher in Boston

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Arthur J. Gallagher & Co. announced today that it has completed its previously disclosed acquisition of William Gallagher Associates Insurance Brokers Inc. in Boston. Arthur J. Gallagher & Co. previously announced on June 15 that it has signed a definitive …

The article Arthur J. Gallagher Completes Acquisition of William Gallagher in Boston appeared first on Insurance Journal.

3 08, 2015

Florida Agent Arrested for Selling Fraudulent Policies with Suspended License

By | August 3rd, 2015|Recent Articles|Comments Off on Florida Agent Arrested for Selling Fraudulent Policies with Suspended License

The Florida Department of Financial Services’ Division of Insurance Fraud (DIF) announced the arrest of insurance agent Julia Shurdom, 67, for allegedly transacting insurance related business with a suspended insurance license, scheming to defraud, and uttering a forged document while …

The article Florida Agent Arrested for Selling Fraudulent Policies with Suspended License appeared first on Insurance Journal.

3 08, 2015

Vermont Licensed 14 New Captives So Far This Year

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The Vermont Department of Financial Regulation announced on July 31 that the state regulators licensed 14 new captives during the first seven months of 2015, already nearing the full-year 2014 total of 16. The newly licensed captives include seven pure …

The article Vermont Licensed 14 New Captives So Far This Year appeared first on Insurance Journal.

3 08, 2015

200 Kentucky DUI Cases in Jeopardy After Suspension of Breathalyzer Operator

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More than 200 drunken-driving cases could be in jeopardy after officials said a former breath test operator for Louisville’s corrections department was suspended after allegations that she lied on a report and in testimony under oath. The Courier-Journal reports that …

The article 200 Kentucky DUI Cases in Jeopardy After Suspension of Breathalyzer Operator appeared first on Insurance Journal.

4 08, 2015

Firefighters Work to Contain North Carolina Forest Fire Threatening Homes

By | August 4th, 2015|Recent Articles|Comments Off on Firefighters Work to Contain North Carolina Forest Fire Threatening Homes

Firefighters are working to contain a wildfire burning in the Pisgah National Forest in McDowell County, North Carolina. The U.S. Forest Service said Sunday anyone traveling along Interstate 40 and U.S. Highway 70 can expect to see smoke over the …

The article Firefighters Work to Contain North Carolina Forest Fire Threatening Homes appeared first on Insurance Journal.

3 08, 2015

West Virginia Prosecutors Say Explosion Evidence Crucial to Blankenship Case

By | August 3rd, 2015|Recent Articles|Comments Off on West Virginia Prosecutors Say Explosion Evidence Crucial to Blankenship Case

Prosecutors say in court documents that evidence about the Upper Big Branch Mine disaster is a necessary part of the government’s criminal case against former Massey Energy CEO Don Blankenship. The Charleston Gazette-Mail reports prosecutors made the filing in a …

The article West Virginia Prosecutors Say Explosion Evidence Crucial to Blankenship Case appeared first on Insurance Journal.