February 29, 2008
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 …
February 29, 2008
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 …
February 29, 2008
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 …
February 29, 2008
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 …
February 29, 2008
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, …
February 29, 2008
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 …
February 29, 2008
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 …
February 29, 2008
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 …
February 29, 2008
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 …
February 29, 2008
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 …