June 6, 2012
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 …
June 6, 2012
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 …
June 6, 2012
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 …
June 5, 2012
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 …
June 5, 2012
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 …
June 5, 2012
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 …
June 5, 2012
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 …
June 5, 2012
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 …
June 5, 2012
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 …
June 5, 2012
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 …