Latest Numbers Headlines
All the headlines from our Numbers Topic Page, ordered by recency.
One Risk Group Names Brockie Senior VP
May 2 2011 // One Risk Group LLC, a property/casualty insurance brokerage headquartered in the San Francisco Bay Area, has hired Tad Brockie as a senior vice president and director-life science practice. He brings 38 years of client...
Five Japan Life Insurers Eye Unhedged Foreign Bonds; See Weaker Yen
Apr 27 2011 // Five Japanese life insurers say they may buy more unhedged foreign bonds, believing that the yen is likely to weaken and that the currency risks are low enough for them not to take on higher hedging costs, a stance that...
One Year After BP Oil Spill, Optimism on Gulf Coast
Apr 21 2011 // A year after the worst U.S. offshore oil spill swamped the Gulf coast with petroleum and misery, officials Wednesday declared the hard-hit region reborn. It is still too early to know the long-term damage to the...
One Year Later, Gulf States Still Grappling with BP Oil Disaster
Apr 15 2011 // When a BP oil rig exploded and sank in the Gulf of Mexico last April, killing 11 workers, authorities first reported that no crude was leaking into the ocean. They were wrong. The disaster that captivated the world’s...
3M Settles Age-Discrimination Suit for Up to $12M
Mar 21 2011 // Minnesota’s 3M Co. has agreed to pay up to $12 million to settle an age-discrimination lawsuit with as many as 7,000 current and former employees. The 2004 lawsuit targeted the company’s performance-review...
One Thing Is Not Another: Defining Standards for the Duty to Defend and Indemnify
Mar 21 2011 // After years of maintaining that the duty to defend and the duty to indemnify were independent duties in a liability policy, the Texas Supreme Court held in 1997 that the same allegations used to determine that no duty to...
Two Florida Insurers Face Insolvency Actions: Seminole, AequiCap
Mar 14 2011 // Two Florida insurers are facing regulatory action as the state’s Office of Insurance Regulation (OIR) ordered commercial insurer AequiCap Insurance Co. into liquidation and suspended the license of insurer Seminole...
Nine New York Families Sue Gas Driller, Say Wells Tainted
Feb 17 2011 // Nine New York homeowners have filed a lawsuit against a Denver-based natural gas driller and its subcontractors, claiming the companies contaminated drinking water with gas and silt. The lawsuit, filed Friday in state...
Two Workers Die After New York Construction Site Fall
Feb 10 2011 // Two ironworkers died Tuesday morning after they fell from a fifth floor through an open elevator shaft at a church construction site where they were installing steel, New York City authorities said. Brett McEnroe, 49, of...
Six Keys to Harleysville’s Turnaround
Jan 24 2011 // How The Pennsylvania Insurer Made a Company-Wide Shift in its Business Approach Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year...
Two Missouri Employers Jailed for Noncompliance with OSHA Citations
Jan 10 2011 // The U.S. Department of Labor’s Occupational Safety and Health Administration in late December arrested two St. Louis, Mo., employers for failing to comply with court sanctions enforcing OSHA citations. Brian Andre,...
One Risk Group Names Sweeney VP
Jan 6 2011 // Pleasanton, Calif.-based One Risk Group LLC, a Bay Area property and casualty insurance brokerage, has hired Tim Sweeney as a vice president. Sweeney brings almost 20 years of client management, advocacy, and risk advisory...
Six Keys to Harleysville’s Turnaround
Dec 31 2010 // Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year in its history. That’s when newly appointed CEO Michael Browne — who...
Two Jailed for Bribery in Katrina Insurance Case Released from Prison
Dec 23 2010 // Former attorney Timothy Balducci and former state auditor Steven Patterson have been released from federal custody. U.S. Bureau of Prisons records show Patterson was released Dec. 16 and Balducci on Dec. 17. The two served...
Two Charged in 6-Year Fraud Scheme Against Insurance Agent Group, MDRT
Dec 6 2010 // Bond has been set at $1 million for two Illinois men charged with bilking an insurance industry association out of more than $1 million in a scheme that spanned six years, officials said. The allegations involve an...
Four Plead Not Guilty in High Profile Insurance Fraud Case in R.I.
Dec 5 2010 // Four people pleaded not guilty last month in U.S. District Court in an alleged scheme to rip off an insurance company of nearly $50,000, including a former North Providence town councilman facing corruption charges in a...
Two Maine Fires Blamed on Smoking Around Oxygen
Nov 14 2010 // Fire investigators are warning of the dangers of smoking around oxygen tanks after two fires in southern Maine. According to the state fire marshal’s office, two separate fires earlier this month in southern Maine...
Two North Dakota Insurance Agents Lose Licenses
Nov 9 2010 // North Dakota Insurance Commissioner Adam Hamm has revoked the licenses of two insurance agents. Hamm has barred a Fargo insurance agent Janet Lulay from doing insurance work in the state. He says Lulay accepted a check...
One State at a Time
Oct 18 2010 // The Demotech Company Classification System Identifies State Specialist P/C Carriers for 2010 American humorist and philosopher Josh Billings could have been describing State Specialists when he said, “Be like a...
One Risk Opens San Diego Office
Oct 15 2010 // One Risk Group LLC based in Pleasanton, Calif., has opened an office in San Diego. In addition, the company has hired Jorie Burton as director of the firm’s Property and Casualty Claims division, focusing on claims...
