Monthly Archives: <span>February 2008</span>

Willis, Erickson Appointed Business Unit Managers at LWCC

Louisiana Workers’ Compensation Corporation (LWCC) announced it hired Joseph Erickson as business unit manager for its middle market accounts team and Vernon Willis Jr. as business unit manager for its large accounts team. Erickson previously has held several leadership positions …

Texas Work Comp Division: Job Injuries, Illnesses Increased in 2006

The Texas Department of Insurance Division of Workers’ Compensation reported that the number of nonfatal occupational injuries and illnesses involving days away from work in private industry in Texas increased in 2006 by nearly 5 percent compared to 2005. Although …

MHBT Names Balagia Senior Vice President in Austin Office

McQueary Henry Bowles Troy L.L.P. (MHBT) announced that Jimmy Balagia has joined the Austin office as senior vice president in the firm’s property and casualty group. Balagia has 30 years of experience as a property and casualty broker/consultant and outsourced …

Baltimore Jury Awards $5.7M in Lead Paint Case

A Baltimore jury has awarded $5.7 million to a man who was exposed to lead paint while he was child living in public housing. The award was announced Wednesday at the end of a seven-day trial. The Housing Authority of …

Ala. Regulator to Insurers: Halt Non-renewals Based on Single Policies

Licensed Alabama property and casualty insurers that non-renewed policies on the condition of having other policies with the company must re-offer coverage to the consumers affected, according to a bulletin issued by the Alabama Insurance Commissioner Walter A. Bell. Also, …

Court: Ex-N.J. School Board Member Took Bribes from Insurance Brokerage

Former Pleasantville, N.J. Board of Education member James T. McCormick has been convicted on federal bribery charges. A federal jury on Wednesday found that McCormick accepted a $3,500 bribe from an insurance brokerage for helping to steer public contracts to …

AmComp Announces 2007 Fourth Quarter and Year-End Figures

Florida-based AmCOMP Inc., announced results for the fourth quarter and 2007 year-end results. For calendar year 2007, net income increased 13.7 percent to $18.8 million, compared to net income of $16.6 million for the year ended December 31, 2006. Total …

Willis Renews Pact with CEO Plumeri To 2011; Makes Other Appointments

Willis Group Holdings, the global insurance broker reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer. The agreement, which was originally scheduled to expire Oct. 15, 2009, will extend his tenure as …

N.J. Jury Awards $30.3M to Family In Asbestos Death

The family of a man who died from an asbestos-related cancer was awarded $30.3 million from a New Jersey jury, their lawyer said Wednesday. The award is believed to be the largest in New Jersey for mesothelioma, an aggressive lung …

Liberty Mutual to Add 300 Jobs in New Western Mass. Office

Boston-based Liberty Mutual Insurance will open a 300-person office in Springfield, Mass. in the third quarter to handle growth, some of which is expected from the state’s move to a managed competition auto insurance system. Governor Deval Patrick joined Liberty …