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New York AG Sues FedEx Over Independent Contractor Classifications

New York Attorney General Andrew Cuomo is suing Federal Express’ ground package delivery unit, alleging its classification of drivers as independent contractors illegally deprives them of legal protections workers enjoy. The lawsuit accuses FedEx Ground Package System Inc. of concocting …

Brown & Brown Buys Some Business from Pennsylvania’s Greystone

Insurance broker Brown & Brown has acquired part of the business of Berwyn, Pa.-based Greystone Benefits, Inc. The company said that the acquired book of business, with annual revenues of approximately $1.2 million, consists primarily of employee benefits products and …

Cratem Named Underwriting Chief at Sunshine State Insurance in Florida

Michael R. Cratem, an insurance executive with 18 years in the business, has been named vice president and chief underwriting officer at Sunshine State Insurance Co., which writes homeowners’ insurance in Florida. Cratem returns to SSIC after three years as …

Liberty Mutual Enhances Commercial Umbrella Policy

Enhanced coverages, the need for fewer endorsements, and language that is easier to understand are some of the key ingredients of the new umbrella liability policy now available through Liberty Mutual’s Commercial Markets strategic business unit. “Agents and brokers played …

P/C Executives Encouraged to Be Optimistic Amid America’s Challenges

An executive of a national insurance company trade group told insurance CEOs and senior executives that America faces a struggle between two competing visions for the future – a choice between a free market system and an expanded federal government. …

Junge & Co Renames Reinsurance Division ‘Cooper Gay Germany’

International marine insurance specialist broker, Junge & Co, has rebranded its reinsurance broking operations as “Cooper Gay Germany.” Both Cooper Gay and Junge are part of the global independent wholesale & reinsurance broker, Cooper Gay Swett & Crawford, which was …

New Jersey to Cite Drivers for Ice and Snow on Cars

New Jersey drivers are now required to remove ice and snow from their vehicles under a new law that has gone into effect. The law, passed last October, authorizes fines and citations for drivers who fail to clean off their …

Swiss Re is ‘Well Placed’ for Baden-Baden Renewal Discussions

Swiss Re has issued a bulletin noting that it is “well placed for the upcoming 2011 renewal negotiations with its European clients.” The talks, which begin this week in the German resort of Baden-Baden, bring together brokers and reinsurers (and …

Ohio DOI Receives $1.1M Consumer Assistance Grant

The Ohio Department of Insurance is receiving a $1.1 million consumer assistance grant funded through the U.S. Department of Health and Human Services as part of the Patient Protection and Affordable Care Act. The insurance department says it will use …

Torus Names Kuprianczyk to European Professional Lines Team

Lines, based in Zurich. In addition to the newly appointed Cologne-based team under Professional Lines Manager Esther Fittinghoff-Hansen, he will “further bolster the provision of senior local expertise for Torus’ growing Continental European client base for Directors & Officers as …

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