December 2, 2011
President Obama has issued a major disaster declaration for New Jersey for the late October snowstorm that played havoc with roads, trees and power lines around the state. The declaration issued Wednesday evening paves the way for the release of …
December 2, 2011
Swiss Re presented its latest analysis of the global economic outlook and its potential impact on the insurance industry at an economic forum in London yesterday, December 1. Chief Economist Kurt Karl began the discussion with an admonition that the …
December 2, 2011
A federal judge has put on hold portions of a Mississippi lawsuit against Obama administration’s health care law. U.S. District Judge Keith Starrett, in a ruling issued Nov. 23, stayed consideration of parts of the April 2010 lawsuit not involving …
December 1, 2011
Arizona is getting a $30 million federal grant to implement part of the federal health care overhaul. The Arizona grant is among 13 state grants awarded Tuesday totaling nearly $220 million awarded for setting up health insurance exchanges. Exchanges will …
December 1, 2011
The attorney for an Arizona man forcibly taken down by Buckeye police at a Wal-Mart says he plans to clear his client of the criminal allegations stemming from an alleged shoplifting incident, and he’s contemplating filing a lawsuit. Todd Nolan …
December 1, 2011
Aspen U.S. Insurance has entered the recreational marine insurance market. Its products will be distributed through an exclusive agreement with the Atlanta-based Axiom Insurance Management, Ltd. The focus will be on marinas, yacht clubs, boat dealers, boat manufacturers and boat …
December 1, 2011
The Independent Insurance Agents & Brokers of New York is advising motor vehicle owners not to skimp when they buy auto liability insurance. Auto liability insurance pays for amounts the insured person owes as damages for bodily injuries and property …
December 1, 2011
Bill Thomas has partnered with Ben Thomas and Barry Rabune of Costa Mesa, Calif.-based of RSI Insurance Brokers, a property and casualty insurance company that focuses on the transportation industry. RSI recently expanded, creating a sister company called RSI Employers …
December 1, 2011
ACE Limited announced on Wednesday that it has completed its acquisition of Penn Millers Holding Corp. for approximately $107 million in cash. The two companies first announced the deal in September. Penn Millers Holding’s primary insurance subsidiary, Penn Millers Insurance …
December 1, 2011
Atlas General Insurance Services has named Robin Perry as audit manager. Perry will be responsible for developing a new premium audit department for San Diego, Calif.-based Atlas. Perry joins Atlas with over 25 years of experience in premium audit management. …