Yearly Archives: <span>2010</span>

London Broker Cooper Gay Warns Multinationals on D&O Protection

According to Dan Barton, Managing Director of Professional Risks at Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, “many international companies with subsidiaries spread across the globe do not have adequate controls in place to ensure …

London Market Group Launches ‘Next Phase’ of Electronic Endorsements

The London Market Group (LMG) has announced that the electronic endorsements pilot is “moving into the next phase.” The LMG said “100 percent of Managing Agents, all of which are connecting via the Exchange, 26 Company Market insurers and 15 …

G20 Finance Ministers Don’t Even Try to ‘Spin’ Impact of Europe’s Debt Crisis

Finance ministers can usually be relied upon to put the best spin on whatever is happening to the global economy. Not at this weekend’s Group of 20 meeting in Busan. The two days of talks were remarkable for ministers’ candor …

Football World Cup Insurance Coverage Totals Nearly $9 Billion

As the quadrennial Football (Soccer) World Cup readies for a month long series of matches in South Africa, insurance coverage has kept pace with one of the world’s biggest sporting events. It’s “insured to the tune of an estimated £6.2 …

Networked Insurance Agents Promotes Three to Assistant VPs

Networked Insurance Agents of Grass Valley, Calif., has promoted three managers. Mike Carrington and Joann Webb were promoted to assistant vice presidents, commercial lines. In his new role, Carrington will be responsible for the account management renewal team and affiliate …

Bolton and Co. Names Elzouki To Lead OneSource Division

Bolton and Co. of Pasadena, Calif., has picked Joyce Elzouki to lead the newly created OneSource Division. OneSource was designed to provide a single solution for business and personal insurance, employee benefits and risk management support for small business owners. …

Infinity Insurance Selects Leads360 to Provide Lead Management for Independent Agents

Infinity Auto Insurance has announced the addition of Leads360 to its Infinity Perks Web site, where Infinity’s appointed independent agents will now have access to Leads360’s lead management software and expertise at a reduced price. Leads360 was selected as a …

After Child Fatality, Ohio Lawmakers Push for School Bus Seat Belts

State lawmakers say a school bus crash that killed an eastern Ohio kindergarten student has given new urgency to a proposal requiring seat belts on school buses. Six-year-old Kasey King of Frazeysburg died June 2 when a bus went off …

Dawson Cos. Adds Donnelly; Acquires Putnam Transporation

Dawson Cos. announced it has added Gregory C. Donnelly as a senior benefits consultant in Dawson Consulting Group LLC, the employee benefits division of Dawson Cos. in Ohio. Donnelly had been vice president, Sales and Customer Relations for CIGNA Healthcare, …

Recent Colorado Storm Caused Estimated $70M in Insured Damage

The first major Colorado hail and wind storm of 2010 carries an estimated insurance price tag of $70 million, according to the Rocky Mountain Insurance Information Association (RMIIA). Approximately 13,600 auto and homeowners insurance claims have been filed since baseball-sized …