Yearly Archives: <span>2010</span>

Democrats Optimistic on Health Care Bill Prospect

House Speaker Nancy Pelosi said Tuesday she was sure Democrats in the House of Representatives and Senate would produce a final health care reform plan that would hold insurers accountable and make medical coverage affordable. She did not promise the …

WCI Chinese Drywall Trust Files Suit Against 14 Insurers

The Trustee for the WCI Chinese Drywall Trust has filed suit against 14 insurance companies in U.S. District Court, Eastern District of Louisiana, seeking indemnification for losses arising from claims for the development and sale of homes allegedly containing defective …

Virginia’s TowneBank Buys Taylor Johnson Insurance Group

Virginia-based TowneBank has acquired Taylor Johnson Insurance Group, which will become part of the bank’s affiliate, Towne Insurance Agency. Taylor Johnson Group, headquartered in Virginia Beach, Virginia, employs 36 insurance, employee benefits, and risk management professionals. It is the sixth …

Sen. Durbin: FEMA Delaying Flood Insurance Maps in Illinois

Property owners in three southwestern Illinois counties who worry they’ll have to get sharply higher flood insurance once new Mississippi River flood maps are drawn are getting a bit of a reprieve. Sen. Richard Durbin of Illinois says the Federal …

Richardson Named State Auto Middle Markets Western Region VP

Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and Texas. Richardson will manage the SAMMI underwriting teams based in Austin, Texas, …

Lexington Introduces Professional Liability Coverage for Carbon Registries

Lexington Insurance Co., a Chartis company, introduced CarbonCover Registry, a professional liability coverage for carbon registries. CarbonCover Registry is the first offering in Lexington’s new CarbonCover suite of products designed for companies operating in the developing climate change and greenhouse …

Illinois Governor Signs Consumer Health Claims Review Bill

Illinois Governor Pat Quinn has signed a bill into law that ensures that all denied health insurance claims can be reviewed and decided upon by a qualified, independent doctor. The law goes into effect July 1. Under current state law, …

Gooch Named Sales Executive in National Specialty’s Chicago Office

National Specialty Underwriters Inc. (NSU) has hired Kim Gooch as healthcare sales executive in its Chicago, Ill., branch office. Gooch has more than 16 years of experience in healthcare underwriting and production. She will be focused on Healthcare facility-based business …

Zurich Global Corporate in North America Appoints Bergen in Southwest

Zurich, a property and casualty insurance provider globally and in North America, announced that Doug Bergen has been appointed southwest regional property manager for its Global Corporate in North America (GCiNA) business unit. Bergen will be located in Zurich’s Glendale, …

Company Fined More than $1.4M for Worker Death at Houston Facility

Federal regulators have fined a Houston company $1,477,500 for a July 2009 explosion that left a worker dead. The Occupational Safety and Health Administration cited CES Environmental Services Inc. after an investigation into the death of 45-year-old Bruce Clayton Howard …