January 25, 2011
Howden Specialty Underwriters LLC, a subsidiary of Hyperion Insurance Group Limited, and Liberty International Underwriters (LIU), the global specialty lines division of Liberty Mutual Group, now offer a management liability insurance program focused on private companies with less than $250 …
January 25, 2011
State Farm Mutual Automobile Insurance Co., the largest insurer of autos in Tennessee, is increasing its overall rate level in the state an average of 0.4 percent effective Feb. 21. After this rate change is implemented, State Farm said its …
January 25, 2011
A Massachusetts man who allegedly collected over $28,000 in fraudulent insurance claims for work performed at his automotive and glass companies has been arraigned on fraud and larceny charges, according to the state’s attorney general. Investigators say Robert Giller, of …
January 25, 2011
MarketScout Wholesale has acquired New York-based Wastepac from Insurance Specialty Group. Wastepac is general agent focusing on private businesses in the waste hauling and sanitation industries. It will remain in its current location in Port Jefferson, New York under the …
January 25, 2011
MDW Insurance Group is pleased to announce that Norbert Fernandez has been named chief operating officer. Norbert will oversee the insurance marketing and management of all the operational functions of the Coral Gables, Fla.-based insurance agency. Norbert’s career in the …
January 25, 2011
Oklahoma’s new insurance commissioner plans to lay off six of the office’s nine fraud investigators. Commissioner John Doak says the cuts will save $323,000 per year and will enable the office to focus on fraud allegedly committed by insurance companies. …
January 25, 2011
Dallas-based MHBT, one of the largest privately owned insurance and risk management firms in the United States, recently announced that Ryan Bowles, Dan King, Jim Moss and Travis Sartain have been named partners in the agency. Bowles, Moss and Sartain …
January 25, 2011
Philadelphia Insurance Cos. (PHLY) has promoted John Glomb to chief underwriting officer. Glomb, a 15-year veteran of the insurance and financial services industry, most recently serving as senior vice president of underwriting. He joined PHLY in 2007 as senior vice …
January 25, 2011
A Montana workers’ compensation reform bill was put on hold Jan. 21, 2010, after its sponsor told a state House committee it would have to be heavily amended and suggested going with a “clean” version of the proposal in the …
January 25, 2011
Washington State Insurance Commissioner Mike Kreidler has ordered six subsidiaries of Chubb & Son to pay a $534,000 fine for violating state insurance laws. Federal Insurance Co., Pacific Indemnity Co., Great Northern Insurance Co., Executive Risk Indemnity Inc.; Vigilant Insurance …