Yearly Archives: <span>2010</span>

Insential Partners with Vela Insurance to Expand Liquor Liability Program

Insential Inc. has joined with Vela Insurance Services, LLC to offer an exclusive liquor program for bars, night clubs, restaurants and special events to be written on Gemini Insurance Co. paper. The program will provide a package of general liability …

Saudi Arabia Insurance Sector Poised for Growth

Saudi Arabia’s insurance industry is poised for growth in the coming years if customers overcome misgivings about compliance with Islamic law and companies consolidate to gain critical mass. The world’s top oil exporter is one of the least-insured countries and …

Kentucky Contractors Self Insure Fund Pays $8.6 Million Dividend

The Kentucky Associated General Contractors Self Insurers Fund recently returned $8.6 million in dividends to its qualifying members. This dividend return marked the 16th consecutive year in which the Kentucky AGC/SIF has returned a dividend, bringing the total returned since …

Safety Violations Found at Massey Mines Since Blast

Federal inspectors have found more than 60 serious safety violations at Massey Energy operations since the explosion that killed 29 miners, adding to fallout from the disaster that includes a wrongful death lawsuit by one of the men’s widows. Inspectors …

Coon Named President of Mid-Continent Casualty Company

Mid-Continent Casualty Company, based in Cincinnati, Ohio, has named H. Michael (“Mike”) Coon president and chief operating officer. Coon succeeds Jim Pierce, who was named chairman and chief executive officer until the time of Pierce’s retirement in December 2010. Coon …

Willis Selects ASI for DealerGuard Open Lot, Hail Programs

American Safety Insurance (ASI) has been selected by Willis Programs, a unit of global insurance broker Willis Group Holdings, as the insurance carrier for the Willis DealerGuard Open Lot and HailExchange programs, replacing Chrysler and Intrepid Insurance Companies. ASI had …

Foremost Insurance Launches Auto Program in Connecticut

Foremost Insurance Group has launched its DistinctChoice Auto program in Connecticut. The auto program features increased limits, deductible options and coverages. The program also offers broad eligibility and discounts. Some of the highlights include: Multi-Policy Discount (Farmers, Foremost and Zurich …

Compensation Plans for Multi-Generational Employee Satisfaction

Keeping employees satisfied at work not only aids in retention, it also increases your organization’s overall productivity. In the current economy, it is vital to offer a benefits package that is desirable to your employees and assists in their retention …

It Figures

$65 Million The state of Oklahoma has collected at least $65 million in the past five years by selling personal information from motor vehicle records, according to newspaper reports. Among the biggest buyers are clearinghouses that sell the information to …

The Rollercoaster of M&A

Continued Soft Market, Taxes and Health Care Reform to Boost Activity in Second Half of 2010 January deal activity started out strong but continued to decline in February and further in March. Nonetheless, first quarter merger and acquisition (M&A) activity …