Worldwide Facilities Inc. has hired Dat Nguyen as a casualty broker in its Los Angeles office. He will be reporting to Daniel Colacurcio in Worldwide’s Construction Division. Prior to joining Worldwide, Nguyen spent more than five years with Pacific Gateway …
Arrests of nine Broward County residents indicted for defrauding the Federal Emergency Assistance Agency to obtain disaster relief after last year’s Hurricane Frances have been announced jointly by R. Alexander Acosta, U.S. Attorney for the Southern District of Florida, and …
Houston-based HCC Insurance Holdings Inc. reported its 38th consecutive quarterly cash dividend. Stephen Way, chairman and chief executive officer, stated that the Board of Directors had declared a regular quarterly cash dividend of $0.0750 per share on the company’s shares …
Acordia Inc. has acquired the assets of M.J. Beaven Agency Inc. in Copley, Ohio. The acquisition closed Dec. 1, 2005. Terms of the transaction were not disclosed. M.J. Beaven Agency, founded by Michael Beaven, has served clients since 2000, and …
The National Council on Compensation Insurance Inc. has criticized recent Associated Press articles discussing NCCI’s review of the South Carolina Governor’s Workers Compensation Task Force proposal as being factually incorrect in several essential areas, according to Peter M. Burton, senior …
United States Attorney Chuck Rosenberg announced the filing of criminal charges against Clifford Neville, 53, of Houston, Texas, for reportedly filing false claims for emergency disaster funds with the Federal Emergency Management Agency (FEMA) in violation of 18 U.S.C. ยง …
Guy Carpenter & Company Inc. reported the release of a new study, Recent Legislative and Judicial Trends Affecting the U.S. Casualty Industry, on key legislative and judicial developments and their impact on the U.S. casualty market. The report provides an …
A.M. Best Co. believes terrorism is too risky without some sort of backstop to protect insurance companies providing coverage on a primary basis. The expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 without any substantive replacement could trigger …
Michigan-based Meadowbrook Insurance Group recently announced the availability of a medical malpractice liability insurance product for preferred physicians in Ohio. Insurance policies will be issued through Meadowbrook’s subsidiary insurance carrier, Savers Property & Casualty Insurance Company, Inc., which specializes in …
Despite the unprecedented nature of the four hurricanes making landfall in Florida in 2004 and the huge disasters spawned in the Gulf of Mexico in 2005, panelists at the recent annual meeting of the Casualty Actuarial Society believed these types …
