Posts From the monthly archives: "March 2015"

Louis E. Jones had a reputation in the insurance industry as a common sense underwriter, and there were few contractors and home builders that he did not touch over the years, his friends say. Jones was born Nov. 9, 1931. … The article Jones Made a Name in Surety as a Common Sense Underwriter appeared…(Read More)

A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of “a” of Texas-based National Lloyds Insurance Co. (National Lloyds), and its affiliate, American Summit Insurance Co. (American Summit). The outlook for National Lloyds’ ratings … The article Ratings of Texas-Based National Lloyds, American Summit…(Read More)

Protector Holdings, a joint venture of Edgewood Partners Insurance Center and Dowling Capital Partners, has acquired Oasis South Insurance Services in California. With eight locations across California’s San Diego County, Oasis South specializes in providing insurance services to Hispanic consumers, writing auto, … The article Protector Holdings Acquires Oasis South in California appeared first on…(Read More)

Authorities in eastern Missouri are trying to determine just how many trucks were stolen in a theft ring that struck several Missouri towns along Interstate 44. The Washington Missourian reports that police now believe at least 20 trucks were taken, … The article Missouri Police: At Least 20 Trucks Stolen as Part of Theft Ring…(Read More)

Officials with police-run auto-theft task forces say they are shutting down across Illinois due to state spending freezes. Separately, the (Peoria) Journal Star also reports that a bipartisan deal reached in the state Legislature last week will siphon $6 million … The article Auto-Theft Task Forces Closing Amid Illinois Budget Crisis appeared first…(Read More)

Indiana Gov. Mike Pence defended the new state law that’s garnered widespread criticism over concerns it could foster discrimination and said it wasn’t a mistake to have enacted it. Pence appeared on ABC’s “This Week with George Stephanopoulos” to discuss … The article Under Pressure, Governor Says New Indiana Law ‘Not About Discrimination…(Read More)

Ohio-based State Auto Financial Corporation and State Automobile Mutual Insurance Company (State Auto Mutual) hired Michael E. LaRocco as president and chief executive officer. LaRocco officially takes over the duties of current President and CEO Robert P. Restrepo Jr. on … The article LaRocco to Take Over as State Auto President, CEO in May appeared…(Read More)

The parents of a woman who was killed in the Colorado movie theater shooting have lost their bid to hold ammunition sellers liable for the attack. Sandy and Lonnie Phillips, whose daughter, Jessica Ghawi, was one of 12 people killed … The article Lawsuit Lost by Parents Of Colorado Theater Shooting Victim appeared first on…(Read More)

The U.S. Supreme Court on Monday declined to hear a new challenge to President Barack Obama’s healthcare law that took aim at a bureaucratic board labeled by some Republicans as a “death panel” because it was designed to cut Medicare … The article Supreme Court Turns Down ‘Death Panel’ Challenge appeared first on Insurance…(Read More)

A light rail train slammed into a car at a crossing in front of the University of Southern California, seriously injuring the driver and the train’s operator. Nineteen passengers on the train suffered lesser injuries. The Metro Expo Line train … The article Light Rail Train Hits Car in California Partially Derails, 21 Hurt appeared…(Read More)