New Jersey-based broker Bollinger has acquired Charles G. Treloar Agency Inc. of Kenvil, New Jersey. Terms of the deal were not disclosed. The agency’s employees will be relocated to Bollinger’s corporate headquarters in Short Hills, New Jersey. The 50-year-old agency …
New York-based program administrator Oryx Insurance has appointed Thomas A. Pasquale as president and CEO. Pasquale will oversee the company’s financials and the program business, wholesale and claims administration departments. Prior to his appointment, he served as the company’s vice …
World leaders warned on Thursday that soaring food prices risked stoking unrest and even war, but top executives meeting in the Swiss resort of Davos rejected calls for curbs on commodity speculation. Indonesian President Susilo Bambang Yudhoyono said the world’s …
The Atlantic Casualty Insurance Co., a member of the Strickland Insurance Group, has tapped Lawrence F. (Larry) McAuliffe to serve as the North Carolina-based company’s new vice president of claims. McAuliffe replaces outgoing vice president Frank Fleischman, who is retiring. …
Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business. Medical malpractice reform, regulatory review, and trade agreements— these issues in particular that were mentioned by President …
A federal appeals panel is asking the Mississippi Supreme Court if state law that limits non-economic damages to $1 million in civil cases is constitutional. The question from a three-judge panel of the 5th U.S. Circuit Court of Appeals, dated …
U.S. District Judge L.T. Senter Jr. has declined to dismiss a whistleblower lawsuit filed against State Farm Fire & Casualty Co. State Farm had sought dismissal of the 2006 lawsuit filed by Cori and Kerri Rigsby, who alleged State Farm …
Swiss Re notes that the “increasing severity and frequency of natural catastrophes are driving up the cost of disaster relief, especially in developing and emerging markets as they are hurt the most and prepared the least.” In a new publication, …
A deeply divided U.S. investigative panel issued a scathing critique of the culture of deregulation championed by Former Federal Reserve Chairman Alan Greenspan, saying the government had ample power to avert the financial crisis of 2007-2009 and chose not to …
Australia’s minority Labor government imposed a reconstruction tax and cut environmental spending on Thursday to help fund the recovery from this month’s devastating floods, and immediately ran into opposition from one of the parties keeping it in power. The plan …
