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Willis Launches Insurance Program for Equipment Rental Industry

Willis Programs of New Hampshire, Inc., a unit of Willis Group Holdings, has introduced a customized insurance product for rental yards and the equipment rental industry. Rent-itGuard will meet the insurance and risk management needs of businesses engaged in the …

SpaceX Insured For ‘Maximum Possible Loss’

SpaceX successfully launched its Falcon 9 rocket carrying a Dragon spacecraft to orbit on Tuesday as part of a mission that would make it the first commercial company to attempt to send a spacecraft to the International Space Station. The …

‘Key Figure’ in Organized Auto Insurance Fraud Ring Nabbed

Teddy Marks, 41, of Morgan Hill, Calif., who the California Department of Insurance is calling a “key figure” in an organized auto insurance fraud ring, has been arrested on two felony counts of insurance fraud and one felony count of …

Country Singer Alan Jackson Raises $150K for Quake-Damaged Va. County

Country singer Alan Jackson has raised more than $150,000 to help a Virginia county rebuild schools damaged by last year’s earthquake. A benefit concert by Jackson drew 6,000 people to Louisa County on Sunday, May 20. Jackson performed in the …

FCCI Insurance Expands to Maryland, Hires New Marketing Underwriter

Sarasota, Fla.-headquartered property/casualty insurer FCCI Insurance Group (FCCI) recently expanded into Maryland and has hired Jeanine Ferritor as a senior marketing underwriter to develop FCCI’s independent agency relationships in the new state. Ferritor will be based in Ellicott City, Md. …

Saints’ Vilma Sues NFL Commissioner Goodell for Defamation

Suspended New Orleans Saints linebacker Jonathan Vilma has filed a defamation lawsuit against NFL Commissioner Roger Goodell. The suit in U.S. District Court in New Orleans claims Goodell has made false statements about Vilma while discussing the NFL’s bounty investigation …

Allied World Assurance Company Opens Philadelphia Office

Allied World Assurance Company Holdings announced the opening of Allied World U.S.’s new office in Philadelphia. The company also said Mike Sobel, vice president, has been appointed Philadelphia branch manager and will oversee distribution and business development for the Mid-Atlantic …

XL Group, ABA Insurance Enhance EPLI Coverage for Commercial Businesses

The insurance operations of XL Group and ABA Insurance Services Inc., a managing general underwriter, have expanded their employment practices liability insurance (EPLI) product to include additional protection such as wrongful Internet coverage and legal assistance. The coverage offers more …

Utah Insurance Agent Barred from Business in North Dakota

A Utah insurance agent has been ordered to stop doing business in North Dakota. State Insurance Commissioner Adam Hamm says Bart Winterton of Vernal, Utah, operated as an insurance producer without being licensed in North Dakota. Hamm’s cease-and-desist order bars …

Southern California Industrial Fire Causes $2.5 Million Damage

A fire at a 10-acre industrial area in San Bernardino County has caused an estimated $2.5 million in damage. Authorities say the fire erupted Saturday evening in a Fontana yard stacked with thousands of wooden pallets. Flames leaped 80 feet …

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