Monthly Archives: <span>August 2010</span>

Stolen Wallets, IDs Most Common Causes of ID Fraud

Victims of identity theft are most often targeted via burglary, stolen wallets and pilfered identifications, according to a new survey on identity fraud. In some 76 percent of all cases of identity fraud reported by Travelers customers, burglary, stolen wallets …

Assurant Names Koppy as Investor Relations Exec

New York-based specialty insurer Assurant Inc. has named Brian D. Koppy as vice president of investor relations. Koppy most recently as director of investor relations and communications at Barnes Group Inc., a diversified specialty industrial business in Connecticut. Prior to …

Virginia Commissioner Gross to Retire

Virginia Insurance Commissioner Alfred W. Gross announced he will retire at the end of the year. Gross, a 30-year veteran of the Bureau of Insurance, has been the commissioner of for 14 years. “It is with mixed emotions that I …

Indiana’s Ritchie Insurance Joins Keystone Insurers Group

Muncie, Indiana-based Ritchie Insurance agency has joined Pennsylvania Keystone Insurers Group, brings Keystons’ franchise total in Indiana to 26 agencies. Ritchie, formed in 1937, is a full-service agency owned by Casey Ritchie and William Ritchie. Casey Ritchie, vice president of …

Kentucky’s WC Loss Costs Down for Fifth Time

An annual filing most insurance carriers will use to develop rates for workers’ compensation coverage in Kentucky shows the fifth consecutive overall decrease in loss costs, Department of Insurance Commissioner Sharon P. Clark announced today. The 2010 filing, approved by …

Massey Suit Goes Before W.Va. Judge Panel

Hundreds of southern West Virginia residents who claim Massey Energy Co. poisoned their wells and made them sick by pumping coal slurry underground will get their day in court next year _ and a chance to settle the case this …

Southern Farmers Complain About Disaster Aid Program

The permanent disaster aid program in the 2008 Farm Bill was intended to spare Congress from having to scrape up extra money every time a drought, flood or hurricane struck farm country, but growers in the South claim the plan …

Liberty Mutual Receives Approval to Begin Zhejiang Branch Operations

Liberty Mutual Group, through its wholly-owned subsidiary Liberty Insurance Company Limited (LICL), has been granted approval to begin branch operations in Zhejiang by the China Insurance Regulatory Commission (CIRC). LICL, which is headquartered in Chongqing, received CIRC approval in December …

Beecher Carlson Appoints Mehta Bermuda Executive Managing Director

Insurance brokerage and risk management consulting firm Beecher Carlson has appointed Robin Mehta as Executive Managing Director. He joins Beecher Carlson to lead the Bermuda office operations, including its Captive practice. Mehta will “continue to expand the Bermuda brokerage business …

Hurricane Danielle Reaches Category Two Strength

Yesterday Danielle was still classified by the National Hurricane Center in Miami as tropical storm. But the NHC’s latest bulletin, issued at 5:00 a.m. AST, confirms that it has now strengthened into a category 2 hurricane on the Saffir-Simpson scale. …