Aspen US Insurance has appointed Richard Aldorisio as executive vice president of casualty insurance. He will be based in New York City. In his new role, Aldorisio will head the casualty insurance unit, which now includes excess and primary casualty. …
A Texas judge has ordered a Waco-based life settlements firm to preserve records and assets after state officials alleged the firm is in “dire financial straits.” Life Partners has been a past target of federal and state securities regulators. The …
The Strategic Insurance Agency Alliance (SIAA) announced 40 new member agencies in July. Of those, four new members are from South Central states. Twenty-nine of the 40 are agencies new to the independent agency system, many of them former “captive” …
New York State Gov. Andrew Cuomo on Thursday marked the upcoming one-year anniversary of Hurricane Irene and Tropical Storm Lee by issuing a comprehensive report – “NY Responds.”The report says more than $574 million in state aid has been distributed …
A Connecticut businessman who specializes in insurance for golf tournament hole-in-one prizes has been charged in Washington with multiple felonies after repeatedly failing to pay up. Kevin Kolenda, of Norwalk, Conn., was charged Wednesday in King County Superior Court, Wash. …
The California Secretary of State announced on Thursday that a ballot initiative to require health insurance companies to publicly justify and get approval for rate increases before they take effect has qualified for the 2014 ballot. Santa Monica, Calif.-based-Consumer Watchdog’s …
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Florida employers may see their workers’ compensation rates increase as the National Council on Compensation Insurance announced it is seeking a statewide average 6.1 percent rate hike on behalf of insurers. If approved, the NCCI filing would mark the third …
The nation’s most withering drought in decades only got worse in several key farming states last week, despite cooler temperatures that at least gave those living there a break from this summer’s stifling heat, according to a new drought report …
A central Indiana glass factory faces what the state workplace safety agency calls a record $453,000 in fines for violations that weren’t corrected after a worker’s death nearly two years ago. The Indiana Occupational Safety and Health Administration imposed the …
