Updated: July 2, 2009, 1:28 pm EST
Our office will be closed Friday, July 3 in observance of Independence Day. Daily news and updates will resume on Monday, July 6.
London American Risk Specialists Offers Haz Mat Haulers Coverage
Houston, Texas-based London American Risk Specialists Inc. is offering a new market for hazardous waste transporters/haulers for hire or transporting own product between ...
Crump Appoints Lloyd as President of Programs
Insurance wholesaler Crump Group, Inc. has named underwriting and actuarial expert Lee Lloyd as president of its programs unit within the company's property/casualty division. ...
Starr Indemnity Makes Three Executive Appointments
New York-based Starr Indemnity & Liability Co. has made three executive appointments.
Jim Vendetti has been named senior vice president & chief underwriting officer. He ...
Connecticut Mom, Son Get Probation for Deadly 2005 Crash
A Connecticut woman and her son avoided jail time Tuesday and were sentenced to three years probation for attempted insurance fraud and evidence tampering after a fiery wreck ...
Rhode Island Hospitals Adopt Process to Limit Surgical Error
All 14 hospitals in Rhode Island have agreed to adopt a uniform set of precautions to prevent surgeons from operating on the wrong body part or committing other grievous ...
Auto Repair Legislation Stalls in Rhode Island
The Rhode Island Senate has declined to take up auto body legislation opposed by the insurance industry.
The bill would have required consumers to have an independent ...
Missouri DOI Returns Nearly $6M to Consumers in First Half of 2009
Consumers who filed complaints with the Missouri Department of Insurance received $5.9 million from insurance companies during the first half of 2009, the department has ...
Indiana Warns Insurance Agents About Potential Scam
Indiana Department of Insurance has issued a warning to Indiana licensed agents to be aware of a potential scam targeting them.
The Department has received reports from ...
Economist: Midwest Economy Improves
A survey of business leaders in nine Midwestern and Plains states suggests that the region's economy continues to show signs of improvement, but job losses persist.
The ...
Pape Appointed to Specialty Underwriters' Alliance Board
Chicago-based Specialty Underwriters' Alliance Inc. announced that Mark E. Pape has been appointed to its board of directors.
Pape, a seasoned insurance executive, is ...
Georgia Home Depot Customer Injured By Forklift Awarded $1.5 Million
A Georgia jury has awarded a Home Depot customer and his wife $1.5 million in a lawsuit stemming from a forklift accident at a store.
The complaint by 58-year-old Larry ...
Former State-Backed Insurer, Brickstreet, Repays West Virginia Loan
Workers' compensation insurer BrickStreet Mutual Insurance Co. says it has completed an early payoff on a $200 million startup loan from West Virginia.
President and Chief ...
Mississippi Names Haire Deputy Insurance Commissioner
Mark Haire, general counsel for the Mississippi Insurance Department (MID), has been named deputy commissioner by Insurance Commissioner Mike Chaney.
Haire, a Mississippi ...
Florida Finds Owners for $173 Million in Unclaimed Property, Benefits, Deposits
Florida returned over $173 million in unclaimed property for the most recent fiscal year-- the largest amount in state history, according to CFO Alex Sink and her Bureau of ...
Louisiana Commissioner: Session Successful for Insurance Bills
Louisiana Commissioner of Insurance Jim Donelon says the recently adjourned 2009 Regular Session of the Louisiana Legislature was a success when it came to insurance ...
American Safety Insurance Acquires Oklahoma's Victore Insurance Co.
Bermuda-based American Safety Insurance Holdings Ltd. reported that its American Safety Casualty Insurance Company (ASCIC) subsidiary has acquired, for cash, Victore Insurance ...
Dallas Insurance Agent Engaged to 'The Bachelor' Winner Rycroft
When "The Bachelor'' winner Melissa Rycroft got jilted for the runner-up, she returned the engagement ring -- and walked off the set. That was so five months ago.
Now, ...
Louisiana Workers' Compensation Corp. Names Scholarship Recipient
Mary K. Stelly of Arnaudville, La., has been selected as the 2009 recipient of the Stephen W. Cavanaugh Scholarship, awarded annually by the Louisiana Workers' Compensation ...
MySpace, Web Servers Not Liable for Assaults, California Court Rules
Internet servers like MySpace cannot be held liable when minors are sexually assaulted by people they first meet on a website, a California appeals court ruled in an opinion ...
Greyhound Potentially Liable for Lack of Bus Seatbelts
A Federal Court judge in Sacramento, Calif., has ruled that Greyhound could be liable for failing to put seatbelts on its buses. In this case, the plaintiffs were eight ...
Farmers Acquisition of 21st Century Insurance Finalized
Los Angeles-based The Farmers Insurance Group of Companies has completed the acquisition of 100 percent of AIG's U.S. Personal Auto Group, which includes 21st Century ...
California Employers Oppose Fees on Workers' Comp Premiums
Members of the Workers' Compensation Action Network (WCAN) have launched a campaign to oppose more than $60 million in new annual workers' compensation assessments being ...
Restoration Association Names Winters President
Vancouver, Wash.-based Institute of Inspection, Cleaning and Restoration Certification (IICRC) has named Patrick Winters its first, full-time paid president, effective August ...
Flagstone Re Makes Offer for IPC Re
Bermuda-based Flagstone Reinsurance Holdings Limited has tossed its hat into the ring of potential merger partners for IPC Re. The company announced that it has made an offer ...
Financial Failure Tops Supply Chain Risks Says Aon UK
A bulletin from Aon UK in London notes that "financial failure poses the greatest risk to global supply chains," according to 75 percent of the companies who participated in ...
Keeling Named Guy Carp President, CEO - International Operations
Guy Carpenter & Company announced that it has named Henry Keeling as President & Chief Executive Officer of International Operations, effective August 1, 2009.
He will also ...
Brown Named CEO of Aon Limited
Aon Limited, the UK subsidiary of Chicago-based Aon, announced the appointment of Rob Brown as CEO, subject to the approval of the UK's Financial Services Authority ...
Ratings Roundup: Pacific Indemnity (Guam), Secura, Fuji Fire
A.M. Best Co. has upgraded the financial strength rating to 'B++' (Good) from 'B+' (Good) and the issuer credit rating to "bbb" from "bbb-" of Guam-based Pacific Indemnity ...
