Yearly Archives: <span>2011</span>

Durham and Bates Agencies Names Hurst President, CEO

Portland, Ore.-based Durham and Bates Agencies Inc. has selected William D. Hurst as CEO and president. Hurst, an internationally known marine insurance broker, and leader of Durham and Bates’ Marine Practice for 25 years, assumed the role previously held by …

Anderson Re-joins Lockton in Kansas City

Commercial insurance executive Doug Anderson has re-joined Lockton as senior vice president and producer in the insurance broker’s property and casualty operation in Kansas City, Mo. Anderson will be responsible for new business development and advocacy for commercial insurance clients …

Missouri Business Leaders Urge Tort, Workers’ Comp, Employment Law Reforms

Business leaders in Missouri are asking state lawmakers for reforms that they say will help protect and create jobs. Among the priorities, which proponents are calling “Fix the Six,” are bottom-line issues for Missouri employers: employment law reform, workers’ compensation …

Allied World U.S. Enhances Standard Lawyers Platform

Allied World has enhanced its Standard Lawyers platform to ease administration and expand coverage offerings. Beginning on February 1, the company will enhance coverage for both new and renewal business to include the following: increased reimbursement for lost earnings coverage; …

Marsh Launches Package Policy for Midsize Chemical Companies

Marsh has launched ChemPreferred, a customized package of policies for midsize chemical companies. Available to U.S. chemical and processing companies with annual sales between $25 million and $500 million, ChemPreferred offers broad terms and conditions on comprehensive casualty, property, and …

Attorneys, Accountants Take New Paths, Encounter New Risks

The work environment for professionals has been evolving rapidly over the past few years, fueled by both the spread of technology and the changing economy. Many professionals, such as attorneys and accountants, are embracing new ways of doing business and …

Think Soft Market Is Over? Think Again

Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile. According to the RIMS Benchmark Survey, directors and officers liability (D&O) was the only …

North Carolina Beach Plan to Retrieve Surplus Returned to Insurers

North Carolina Insurance Commissioner Wayne Goodwin has announced a settlement agreement that calls for the North Carolina Insurance Underwriting Association, known as the Beach Plan, to reverse the more than $16 million it made to member companies in 2009. The …

Alleged ‘Harassment’ Not Compensable for New Jersey Security Guard

A New Jersey woman who claimed the stress of her work as a hospital security guard left her with a psychiatric disability cannot collect workers’ compensation benefits, a state judge has ruled. The case centered on the allegation by the …

Business Moves

Encharter Massachusetts-based Encharter Insurance agency will open a fifth branch office, the latest in Simsbury, Connecticut. Encharter will sell personal lines coverage throughout the Farmington Valley, the agency said. It is Encharter’s second Connecticut location, in addition to its Watertown, …