Monthly Archives: <span>August 2011</span>

Earthquake Rattles East Coast; No Deaths or Major Damage Reported

A strong earthquake struck the U.S. East Coast and was felt as far away as Canada on Tuesday, shaking buildings in many cities, delaying flights and trains and sending thousands of frightened workers into the streets. There were no reports …

Allstate Launches Identity Theft Coverage in Calif.

Approximately 9 million Americans annually are victims of identity theft, spending millions of hours resolving problems associated with having their identity stolen. Allstate Insurance Co. has launched identity theft expenses coverage in Calif. that can help reduce the time and …

Year Old Gulf Oil Spill Claims Fund Has Paid $5 Billion

The Gulf Coast Claims Facility set up to handle claims from the BP oil disaster has paid out $5 billion after one year of operation. It has paid 204,434 individual and business with a total of 359,441 claims. Established by …

Monitor Liability Managers Introduces Employed Lawyers E&O Insurance

Monitor Liability Managers, LLC has introduced a new employed lawyers professional liability (ELP) insurance program. The product provides attorneys and their staff working as corporate counsel with coverage for claims alleging negligence and legal malpractice in the performance of their …

Official Says Germany Wants Armed Guards on Europe Ships

Germany plans to lobby other European Union countries to allow the deployment of private armed guards on their merchant ships in high-risk areas as a piracy crisis escalates, ministry officials said. But analysts said the initiative was likely to face …

HUB International to be profiled at MarketScout’s Entrepreneurial Insurance Symposium

Rick Gulliver, President of Hub International to Profile Growth Strategy DALLAS, August 23, 2011 – Rick Gulliver, President of HUB International, will deliver a keynote presentation to over 400 insurance industry executives on September 13, 2011 in Dallas, Texas at …

Lockton Dunning Benefits Expands Leadership, Risk Management Teams in Dallas

Dallas-based Lockton Dunning Benefits has expanded its senior leadership and health risk management teams with the addition of Jeff Miller, Christian Moreno, Rich Allen and John Goodner. Lockton also announce it has promoted Steve Brooks to senior vice president. Senior …

CNA Select Risk Appoints Stark as VP, Casualty and Programs

Chicago-based CNA Select Risk, which includes excess and surplus (E&S) insurance business, as well as wholesale property accounts, has appointed Carol Stark as vice president of casualty and programs. Stark comes to CNA with 21 years of business experience, including …

Oklahoma Owes $36M in Disaster Aid

The state owes an estimated $36 million to more than 600 cities, counties, electrical cooperatives, state agencies, fire districts, schools and Indian tribes for its share of costs associated with 21 natural disasters dating back to 2007. After a presidential …

Former New Jersey Regulator Joins Board of Community Bank

A former New Jersey banking and insurance regulator has been named to the North Jersey Community Bancorp board of directors. Steven M. Goldman, who served as commissioner of banking and insurance under Gov. Jon S. Corzine, is currently a partner …