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21 12, 2015

New Flood Maps May Aid Big Development in Louisiana Parish

By | December 21st, 2015|Recent Articles|Comments Off on New Flood Maps May Aid Big Development in Louisiana Parish

Revised flood maps could aid a developer’s proposal to build on one of Jefferson Parish’s last large undeveloped tracts. Lafayette-based Southern Lifestyle Development says it’s in talks to buy 2,000 acres in Avondale, near the TPC of Louisiana golf course …

17 12, 2015

Eastern Insurance Group Acquires Northwestern Benefits in Boston

By | December 17th, 2015|Recent Articles|Comments Off on Eastern Insurance Group Acquires Northwestern Benefits in Boston

Eastern Insurance Group in Natick, Massachusetts, announced that it has acquired Northwestern Benefits Associates, an independent group benefits broker based in Boston, from the broker’s parent company Northwestern Mutual. Terms of the transaction were not disclosed. Eastern Insurance said Northwestern …

21 12, 2015

Study: Billions at Stake if Pace of Land Loss Continues on Louisiana Coast

By | December 21st, 2015|Recent Articles|Comments Off on Study: Billions at Stake if Pace of Land Loss Continues on Louisiana Coast

A new state study places a price tag on the costs Louisiana could suffer if land loss continues at the pace predicted by scientists — and it’s in the billions of dollars. The Coastal Protection and Restoration Authority commissioned the …

17 12, 2015

Ratings of Texas-Based National Unity Insurance Downgraded

By | December 17th, 2015|Recent Articles|Comments Off on Ratings of Texas-Based National Unity Insurance Downgraded

A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to “bbb-” from “bbb” of San Antonio-based National Unity Insurance Co. (National Unity). The outlook for both ratings is negative. National Unity operates …

21 12, 2015

Insurance Death Master Settlement Nets North Dakota More Than $138K

By | December 21st, 2015|Recent Articles|Comments Off on Insurance Death Master Settlement Nets North Dakota More Than $138K

North Dakota Insurance Commissioner Adam Hamm says the state will receive more than $138,000 in settlement agreements over use of the Social Security Administration’s Death Master File, or DMF. Hamm says life insurers have used the DMF for many years …

17 12, 2015

Ratings of Texas-Based National Unity Insurance Downgraded

By | December 17th, 2015|Recent Articles|Comments Off on Ratings of Texas-Based National Unity Insurance Downgraded

A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to “bbb-” from “bbb” of San Antonio-based National Unity Insurance Co. (National Unity). The outlook for both ratings is negative. National Unity operates …

21 12, 2015

Many Michigan Business Owners Expect to Hire, Raise Wages in 2016

By | December 21st, 2015|Recent Articles|Comments Off on Many Michigan Business Owners Expect to Hire, Raise Wages in 2016

Small- to mid-sized business owners are experiencing substantial growth and are poised to reinvest in their business and employees in 2016, according to the November 2015 Michigan Future Business Index (posted below). The index is published in partnership with Accident Fund …

17 12, 2015

Vermont Court Lets Home Insurer Off the Hook in Pesticide Lawsuit

By | December 17th, 2015|Recent Articles|Comments Off on Vermont Court Lets Home Insurer Off the Hook in Pesticide Lawsuit

A Vermont family who said their home was made unlivable by an exterminator who used a banned pesticide has had their lawsuit against an insurance company overturned. Neil and Patricia Whitney said a foster child brought bedbugs into their home …

21 12, 2015

Wells Fargo Renews Hunt for Insurance Brokerages to Buy

By | December 21st, 2015|Recent Articles|Comments Off on Wells Fargo Renews Hunt for Insurance Brokerages to Buy

Wells Fargo & Co is restarting efforts to expand its insurance brokerage business through acquisitions after previously announced M&A aspirations did not pan out. Laura Schupbach, executive vice president and head of Wells Fargo Insurance, said she “hit the pause …

17 12, 2015

Vermont Court Lets Home Insurer Off the Hook in Pesticide Lawsuit

By | December 17th, 2015|Recent Articles|Comments Off on Vermont Court Lets Home Insurer Off the Hook in Pesticide Lawsuit

A Vermont family who said their home was made unlivable by an exterminator who used a banned pesticide has had their lawsuit against an insurance company overturned. Neil and Patricia Whitney said a foster child brought bedbugs into their home …