Yearly Archives: <span>2012</span>

Gomez to Head Lockton Mexico P&C, Surety Operations

Lockton announced that Ana Luisa Gomez has joined the company as Managing Director and CEO of Lockton Mexico Agente de Seguros y Fianzas, for all property and casualty and surety business lines. Gomez has 20 years of experience in the …

Burand’s Agency E&O Blog: Tip #2

Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand. Tip #2 Always use a coverage analysis checklist on new and renewal business! When was the last time you went to the hardware store or grocery store …

Drug Maker Sues Louisiana AG in Avandia Drug Case

Drug maker GlaxoSmithKline has filed suit against Louisiana Attorney General Buddy Caldwell, alleging that private attorneys hired by Caldwell to prosecute the state’s lawsuit against the company have a “personal financial interest” in the suit’s outcome. The Advocate reports GlaxoSmithKline …

C.M. Meiers Defendants File ‘Scorched Earth’ Countersuit

Editor’s note: For more read an updated story on this case, “C.M. Meiers Preliminary Injunction Decided, But Far From Over“ Expect the allegation-laden battle between the new and old owners of bankrupt Southern California insurance agency C.M. Meiers to wage …

Virginia Activists Press Banks for Foreclosure Aid

Nearly 1,000 homeowners in Prince William County and the cities of Manassas and Manassas Park, Virginia, have been identified as eligible for assistance in the $25 billion national mortgage settlement announced this year, two banks reported at a community meeting …

AIG’s Chartis Launches Hospitality and Leisure Industry Practice Group

AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products for the hotel, amusement, gaming, restaurant, resort and theme park segments. Lance Ewing, former vice president …

Lawyer, Accident Case Runner in Texas Sentenced on Felony Charges

An attorney and a case runner have been sentenced in Texas on felony charges related to soliciting business from victim’s family after a fatal accident. Texas Attorney General Greg Abbott announced in late May that Corpus Christi attorney Benito Garza …

States Collecting on $146 Million AIG Workers’ Comp Settlement

State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with American International Group (AIG) in 2010 based on the company’s misreporting of workers’ compensation premiums for the years 1985 to 1996. In December …

Highmark, Pennsylvania’s Largest Health Insurance Co., Names New CEO

Pittsburgh-headquartered health insurance giant Highmark Inc. has named Dr. William Winkenwerder as the company’s new chief executive officer.The appointment comes two months after previous CEO, Kenneth Melani, was fired in wake of a scandal. Melani was fired after getting into …

Marsh Launches Product for Cloud Computing Risks

Marsh has launched an insurance product designed to protect companies against first-party losses stemming from a cloud service provider’s failure. Improvements in technology and the need for greater efficiency have led to heightened interest in cloud computing—the delivery of information …