Yearly Archives: <span>2008</span>

Why Cell Phones and Driving Don’t Mix

The notion that talking on a cell phone while driving a car isn’t safe seems obvious, yet what happens in the brain while it juggles the two tasks is not. A study by a University of South Carolina psychology researcher …

New IMARC Data Score Rates Insurers’ Hurricane Risk Assessment

The first of a new mark that rates how well insurance companies have assessed their potential catastrophe losses has been issued to HomeWise Insurance Companies by Karen Clark & Co. HomeWise earned an IMARC Data Score of 675 (Excellent), which …

South Carolina Insurance Broker Adds Commercial Lines Processor

South Carolina-based Rosenfeld Einstein added Sarah Batton as a commercial lines processor in the firm’s Property and Casualty Insurance Group. Batton joins the firm with more than six years of professional experience in both property and commercial insurance lines at …

Chief Financial Officer Bartley Leaving Marsh & McLennan

Marsh & McLennan Companies, Inc. (MMC) announced that Matthew B. Bartley, executive vice president and chief financial officer, will leave the firm. MMC said it has commenced a search for a new CFO and that Bartley intends to remain with …

Diorio, Majsak Named to Top Posts at General Star

General Star Management Co. reports the appointment of Gregory J. Diorio as chief pperating officer. The company said all underwriting divisions will report to Diorio. In addition, Joseph L. Majsak has been appointed chief marketing officer. Majsak will oversee the …

U.S. Court Approves Pet Food Maker’s $24 Million Lawsuit Fund

Menu Foods Income Fund said Friday that a U.S. court gave preliminary approval to a settlement agreement covering lawsuits in U.S. and Canadian courts. Menu Foods was was hit by more than 100 class action lawsuits last year after pet …

U.S. Judge to Sentence Class Action King Weiss

U.S. class-action legend Melvyn Weiss can expect a rough ride Monday when he is sentenced by a judge who handed down the maximum penalty to Weiss’s former partner for his role in a kickbacks scheme involving their former law firm. …

Pa. Church Volunteer Who Lost Leg in Accident Awarded $4 Million

A jury has awarded more than $4 million to a man who lost a leg in an accident while doing volunteer work at his Northampton County church. Jay Benfield was installing telephone wires at St. John’s United Church of Christ …

Mitchell to Head Lockton’s Singapore Office

Global insurance broker Lockton has appointed Tony Mitchell as President and Head of its Office in Singapore. He joins Lockton from Jardine Lloyd Thomson Singapore, where he was Managing Director. In addition to leading Lockton Singapore, Mitchell will be the …

Lloyd’s Examines Insuring Aid Workers

Burma’s deadly cyclone and China’s massive earthquake have focused attention on the relief workers, who volunteer to bring aid to the stricken victims. “We take the sight of foreign aid workers arriving in disaster zones for granted,” Lloyd’s points out …