May 31, 2012
Orchid Underwriters Agency, Inc. in Vero Beach, Fla. has been granted exclusive access to a new residential underwriting program underwritten through icat. The icat homeowners program is written on Lloyds paper and is rated A (Excellent) by AM Best. Standard …
May 31, 2012
A new law in St. Louis County, Mo., addresses the frequent theft of copper, catalytic converters and air conditioner parts. The St. Louis County Council unanimously passed the measure that seeks to restrict the purchase sale of the frequently stolen …
May 31, 2012
Scientists studying earthquake faults in the mountains west of Lake Tahoe say new, high-resolution imaging technology has helped uncover more substantial seismic hazards than previously thought to exist there. The steep, fault-formed range west of the lake could generate relatively …
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. …