Banking & Financial Services:Insurance headlines from the week of March 27, 2006
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Springtime storms and flooding in the Midwest made a hectic first half of the year for regional insurance companies.
Read Midwest storms may continue battering insurers into second quarter (Links)
Jenkins Athens Insurance Services, the Concord insurance brokerage and employee benefits firm, has renamed itself Jenkins Insurance Group in a brand repositioning move that consolidates all of its services under one name.
Read Concord insurance brokerage Jenkins rebrands (Links)
Copart Inc. is expanding its auction services beyond insurers to the public in a move that will increase its supply of resale vehicles as the company continues its rapid worldwide growth.
Read Copart opens car auctions to the public (Links)
Fast-growing real estate franchise Avalar Network Inc. has acquired Walnut Creek's Better Homes Realty and all of its associated franchise operations.
Read Better Homes Realty sold to Nevada firm (Links)
The Ohio Bureau of Workers' Compensation is ready to shift to an updated claims reserve system as its tries to remove some of the mystery from a process that tends to befuddle employers.
Read Workers' Comp aiming for greater fairness, transparency with rates (Links)
NORTHEAST FLORIDA -- Nearly 20 Florida-based property and casualty insurers have started covering homeowners and businesses in Jacksonville, creating the one thing residents may not see elsewhere this year -- lower rates.
Read New firms bring lower insurance rates (Links)
As many of the flood-stricken business owners throughout the Midwest can attest, keeping a natural disaster from becoming a business disaster requires careful planning and follow-through.
Read Right insurance prevents tragedy after natural disaster (Links)
Although the Sarbanes-Oxley Act received criticism for creating additional expenses, that gray cloud may have a silver lining after all. It is saving many companies money on insurance.
Read Liability premiums drop with increased accountability (Links)
Mercury Insurance Group will pay a $250,000 settlement to the state Department of Insurance for alleged claims handling violations. (MCY)
Read Mercury Insurance Group settles (Links)
Longtime Hawaii insurance executive Ron Hashimoto is retiring.
Read Longtime AIG executive trades insurance business for retirement (Links)
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