Monthly Archives: <span>April 2016</span>

EPIC Names Miller Vice President in California

EPIC Insurance Brokers & Consultants has named Penny Miller vice president in the firm’s employee benefits consulting team. She will be based in San Francisco and report to David Wiesner, regional director of employee benefits. Miller has 25 years of …

XL Catlin Launches New Cargo Policy for Marine Businesses

XL Catlin’s Americas Marine business has introduced its first new marine product, an enhanced insurance policy to offer more comprehensive cargo insurance coverage on a domestic, foreign or worldwide basis. Andrew D’Alessio, XL Catlin’s Americas cargo product leader in New …

Legal Pot Proponents Urge Connecticut Legislators to Act Fast

Proponents of legalizing marijuana in Connecticut urged state lawmakers to act quickly and capitalize on the “novelty factor” of possibly becoming the first New England state to allow recreational use of the drug. Tracy Helin, of Middletown, Connecticut, who is …

Ratings of Minnesota’s Rural Community Insurance Upgraded: A.M. Best

A.M. Best has removed from under review with developing implications and upgraded the financial strength rating to A+ (Superior) from A (Excellent) and the issuer credit rating to “aa-” from “a+” of Rural Community Insurance Co. (RCIC) in Anoka, Minn. …

Csorba Joins Great American Insurance Group as Divisional President

Great American Insurance Group, based in Cincinnati, Ohio, has hired F. Michael Csorba as divisional president within the property and casualty group’s Ocean Marine Division. He will succeed John Rowney, who is retiring after nearly 28 years of service with …

Delaware: Former Coventry Policyholders Entitled to Unclaimed Funds

The Delaware Department of Insurance said several consumers have recently contacted the department’s Consumer Services Division regarding a letter they received in the mail from “Aetna, Treasury Services – Unclaimed Property.” The letter states that the consumer may be owed …

Fomby Named VP at Texas-Based LevelFirst

LevelFirst, a wholesale insurance broker and MGA binding facility owned by IIAT Services Co., has appointed Rhonda Fomby as vice president. Fomby will assume the responsibility of underwriting new business opportunities with the MGA Binding Authority Division. In addition, she …

Texas Teen’s Air Bag Death Spurs Renewed Call to Fix Recalled Cars

The brother of a Texas teenager killed by shrapnel from an exploding Takata Corp air bag said that his family never received a recall notice about the defective vehicle safety device. The brother’s comments came as federal safety regulators called …

Study: Economic Impact of North Carolina Captives Increased by $12.8M in 2015

The economic impact of North Carolina’s captive insurance company program increased significantly in its second full year of operation, according to a study conducted by the North Carolina Department of Insurance. North Carolina Insurance Commissioner Wayne Goodwin reported the results …

Entergy Agrees to Review Fire Safety at Reactors After Federal Probe

Entergy Corp. agreed to review fire safety measures across its nuclear reactors after an investigation by federal regulators found that workers at a Louisiana plant failed to follow rules and falsified records. Contract workers at Entergy’s Waterford 3 nuclear power …