Regional news: 
Archive for October, 2009
The former owner of an insurance agency in Edenton, N.C., was arrested and charged with 13 counts of embezzlement by an insurance agent, North Carolina insurance regulators said. Read Story
ING will separate its banking and insurance operations, with plans to sell the latter part of its company in the next four years. Read Story
Calling for “much-needed transparency, accountability and fairness,” in consumer reimbursement for out-of-network health care, New York’s attorney general revealed details of a new, nationwide database to bring about change. Read Story
Farmers Insurance Group, with its acquisition of 21st Century Insurance and Financial Services from American International Group, is going to stop accepting new auto and flood policies from independent insurance agents in New Jersey through its newly acquired AIG Agency Auto unit. Read Story
Markel Corp. announced that its president and chief operating officer, Paul W. Springman, has taken a leave of absence. Read Story
Guard Insurance Group is now offering its Businessowner’s Policy coverage, with additional Commercial Excess Liability policy access, in New York. Read Story
The Independent Insurance Agents of Maryland was selected for a 2009 Best of Glen Burnie Award. The agent trade organization was selected in the Trade Associations category by the U.S. Commerce Association. Read Story
Harleysville Mutual Insurance Co. is going to assume a Houston, Texas, company’s “Write Your Own” flood business, effective November 1. Read Story
The surplus lines sector of the property-casualty insurance market showed a 67% decrease in profit last year when compared to 2007. Read Story
Centene Corp. announced it reached an agreement to end its dispute with Amerigroup New Jersey. Read Story
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