May 31, 2012
A debate and forensics teacher at Fayetteville High School in Fayetteville, Ark., has filed a lawsuit against the district, claiming his contract was breached because administrators told him to take anger management courses. Tim Hollis filed the suit in Washington …
May 31, 2012
Fireman’s Fund Insurance Co. has appointed Eric Shanks to the position of senior vice president, personal insurance underwriting executive. Shanks will be based in Fireman’s Fund’s Chicago office. In his new role, Shanks will provide strategic and operational direction for …
May 31, 2012
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of property/casualty subsidiaries of Amerisafe Inc., headquartered in DeRidder, La. — American Interstate Insurance Co., Silver Oak Casualty Inc. and American …
May 31, 2012
A federal judge has spared a former Chicago executive the necessity of serving the final few months of his prison sentence for stealing millions from his insurance brokerage. U.S. District Judge Ruben Castillo, citing glowing reports of his behavior in …
May 31, 2012
PIA Management Services Inc. in Glenmont, N.Y., hired Bradford Lachut as government affairs counsel for its government and industry affairs department.In his new role, Lachut serves as in-house counsel, responsible for managing public affairs agendas in multiple states, tracking significant …
May 31, 2012
Johnston, R.I.-headquartered FM Global, one of the world’s largest business property insurers, announced a number of changes to its management team, effective June 1. Chris Johnson, senior vice president of marketing and enterprise learning, will become senior vice president–Asia Pacific, …
May 31, 2012
Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and casualty insurer. Dallas National, a subsidiary of Dallas National Insurance Holdings, was founded in 2005. …
May 31, 2012
Members of Delaware legislature’s budget committee are wrestling with competing proposals from the governor and attorney general on how to help struggling homeowners. Delaware is slated to get about $46 million in a nationwide mortgage foreclosure settlement. Roughly $35 million …
May 31, 2012
New York City’s Office of Emergency Management has published a new edition of its hurricane guide.Titled “Ready New York: Hurricanes and New York City,” the guide offers general tips on how to prepare for any emergency, instructions on how to …
May 31, 2012
Wells Fargo & Co., which has been renewing its appetite for acquisitions lately, is interested in buying insurance sales businesses, its chief executive said on Thursday. “I love the insurance distribution business,” John Stumpf said at a Sanford C. Bernstein …