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N.Y.-based Sterling & Sterling Appoints Insurance Brokerage President

Woodbury, N.Y.-based Sterling & Sterling appointed industry veteran Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee benefits, client services and senior carrier relationships. She will also oversee field offices …

Arthur J. Gallagher Acquires Capital Bauer Insurance in Albany, N.Y.

Itasca, Ill.-headquartered insurance brokerage giant Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency in Albany, N.Y. The companies did not disclose terms of the transaction. Founded in 1957, Capital Bauer Insurance Agency is a retail insurance broker providing …

On-Duty Firefighter Fatalities Decreased in 2011

There were 81 on-duty firefighter fatalities in the United States as a result of incidents that occurred in 2011, a decrease from the 87 fatalities reported for 2010. The 81 fatalities occurred in 33 states, one U.S. territory, and one …

La Playa Insurance Introduces Yacht Coverage

La Playa Insurance will start providing coverage for yachts and other pleasure crafts after hiring Mike Taylor-West as head of Private Client & Marine. The brokerage, which has offices in London, Cambridge and New York, will access a variety of …

John Hancock Financial Joins Travel Insurance Marketplace

John Hancock Financial has entered the travel insurance marketplace. The company’s product will be distributed by John Hancock Insurance Agency and underwritten by Old Republic Insurance Co. of Greenberg, Penn. The new travel insurance product combines cancellation, interruption, medical, accident …

Honda Owner Bypasses Class Action in California, Hopes Others Follow

A woman who expected her 2006 Honda Civic Hybrid to be her dream car wants Honda to pay for not delivering the high mileage it promised. But rather than joining other owners in a class-action lawsuit, she is going solo …

Obama to Name Cordray Consumer Bureau Head in Recess Appointment

President Barack Obama plans to use a recess appointment to install Richard Cordray as head of the country’s new consumer financial protection watchdog, sidestepping Republican congressional opposition to his pick. “Today in Ohio, President Obama will announce the recess appointment …

Football Players Sue Chicago Law Firm

Kansas City Chiefs quarterback Kyle Orton and some 20 other NFL players are suing a Chicago law firm for more than $10 million, claiming they received bad financial advice on investing in energy concerns. The 14-page lawsuit filed in Cook …

San Bernardino County Settles Motorcycle Claim for $3 Million

San Bernardino County has agreed to pay $3 million to settle a lawsuit that blamed dangerous road conditions for a motorcycle crash that left a passenger with head and neck injuries. The Riverside Press-Enterprise reported on the agreement in the …

Leal, Pekar Join Texas-Based TDECU Insurance Agency

Vickie Leal and Kathleen Pekar have joined TDECU Insurance Agency LLC in Lake Jackson, Texas, as the agency’s newest licensed agents. Leal is serving the insurance needs of community and credit union members in Angleton, Bay City, Brazoria, Freeport, Houston, …

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