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

Citing Scope of 9/11, N.Y. Judge Tosses WTC Suit

In tossing out a negligence lawsuit, a judge last Friday cited the “strange, improbable” events that destroyed a 47-story World Trade Center building a decade ago on Sept. 11, several hours after the 110-story twin towers fell. The claims by …

Marsh Names Flynn CEO of U.S. Consumer Unit

Insurance broker Marsh has appointed Liz Flynn to the role of president and CEO of its U.S. consumer business, effective Oct. 1. In her new role, Flynn will oversee all Marsh U.S. consumer operations consisting of four main business groups: …

Burns & Wilcox Promotes LaLonde to Manager, Insurance Solutions

James LaLonde has been promoted to manager of insurance solutions at Burns & Wilcox. LaLonde previously served as an insurance solutions analyst II in the insurance solutions group of the IT department. He is the lead on several key projects, …

Henson Joins Iroquois of Tennessee

Iroquois of Tennessee has named Greg Henson as a new regional manager. Henson previously worked as an inside sales manager for BOC Gases, and a territory manager for Ecolab. He has also been an agent at two insurance agencies. The …

Berkshire Hathaway to Buy Back Shares

Warren Buffett’s conglomerate Berkshire Hathaway said it will launch a share buyback program, an extremely rare move from Buffett that comes after months of investor complaints that the stock was undervalued. Berkshire said it would buy back Class A and …

Video on West Virginia Plant Leak Urges Manufacturing Safety

The U.S. Chemical Safety Board, releasing a video depicting a deadly chemical leak at a DuPont plant in Belle, West Virginia last year, said the final investigation report should remind every manufacturer to make safety a priority. The report formalizes …

Warning: Insecticides Can Be More Dangerous Than Bedbugs

Bedbugs don’t make people sick. But the poisons used to kill them can. A new government study has found that dozens of Americans have fallen ill from the insecticides, and a North Carolina woman died after using 18 cans of …

Former Head of Liberty Title in N.Y. Sentenced to 20 Months in Prison

Former president and co-founder of title insurance agency Liberty Title, Brian Madden, has been sentenced to 20 months in prison for misappropriating and embezzling escrow and other client funds from Liberty Title and two other agencies he controlled and operated …

Michigan Auto Insurer Pursues ‘Unlawful Taking’ Defense

An insurance company has persuaded the Michigan Supreme Court to decide whether the insurer must pay the medical bills of a man who was drunk and had no license when he crashed his father’s car into a tree. Farm Bureau …

State Farm: Weather Claims This Year Reach $5 Billion

State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes — damage to cars, homes and other property so far this year — the largest U.S. insurer of homes and cars said Sunday. That payout has been …