The Small Business Investor Alliance is throwing its support for behind a bill to reauthorize and amend the California Organized Investment Network program. Assembly Bill 2728 will reauthorize COIN and ensure that insurance companies in California continue to provide capital …
A Baton Rouge state judge has ruled that a lawsuit that claims the Jindal administration mismanaged the state health insurance program and illegally implemented changes to it can move forward. Six retired state employees allege the state Office of Group …
Arthur J. Gallagher & Co. has acquired The Buchholz Planning Corp. (BPC), located in Madison, Wis. Terms of the transaction were not disclosed. Founded in 1968, BPC provides employee benefits consulting and brokerage services for middle-market and large businesses and individuals …
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of C++ (Marginal) and the issuer credit rating of “b” of Farmers Alliance Mutual Insurance Co. (Farmers Alliance Mutual) in Coldwater, Mich. The revised outlooks …
The Montana Supreme Court says a man who was convicted of stealing $26,500 in cash and merchandise from his employer must pay full restitution, even if the store’s losses were mostly covered by insurance. John Creswell Dovey appealed District Judge …
The Montana Supreme Court says a man who was convicted of stealing $26,500 in cash and merchandise from his employer must pay full restitution, even if the store’s losses were mostly covered by insurance. John Creswell Dovey appealed District Judge …
Farmers Insurance has expanded its Rideshare Insurance Coverage to drivers in Idaho, Maryland, and North Dakota. Farmers worked with representatives of the states’ insurance departments, legislators and leaders of Transportation Network Companies (TNCs) to develop a product specifically designed for …
Duffy Insurance Agency, a family-owned, independent agency based in Lynn, Massachusetts, announced that it has acquired Jay Colangelo Insurance Agency of Chelmsford, Massachusetts. Terms of the transaction were not disclosed. Jay Colangelo Insurance Agency was established in 1994. The agency’s …
A Washington physician faces charges in connection with insurance fraud following an investigation by the Washington Department of Insurance. Dr. Jian Xu, 59, faces felony charges in King County Superior Court of first-degree theft, filing a false insurance claim and forgery. …
The medical marijuana industry is growing in New Mexico. Several licensed growers are expected to open new facilities as well as dispensaries in the coming months, which would mean a boost in jobs and the economy, the Albuquerque Journal reported. …