News

Marsh U.S. Consumer Names Shiomos Senior VP of HSA Services

Marsh U.S. Consumer, based in Urbandale, Iowa, has appointed Mike Shiomos senior vice president. Shiomos will lead the marketing of Marsh HSA Services, which provides health savings account (HSA) solutions for employers. Shiomos brings more than 20 years of healthcare …

San Bruno Gas Explosion Victims Begin Filing Lawsuits

Victims of a deadly gas line explosion that killed eight people and destroyed 37 homes in San Bruno, Calif., in September have begun filing lawsuits against Pacific Gas and Electric Co. Among the plaintiffs is Susan Bullis, who told the …

North Carolina Agents Honor Newmister of Montgomery Insurance

Montgomery Insurance Co. Regional Vice President Nancy Newmister has been named the Independent Insurance Agents of North Carolina’s (IIANC) Company Professional of the Year. The award was presented to Newmister during the IIANC’s annual conference held recently in Asheville. IIANC …

Amore to Retire from Zurich

Zurich Financial Services Group announced that “after 18 years of dedicated service to Zurich, its employees, its shareholders and its customers, John Amore will be retiring effective December 31, 2010.” He most recently served as Senior Advisor and a member …

Renaissance Alliance Insurance Services Marks 10 Years

New England’s Renaissance Alliance Insurance Services, a network of specialty services for independent insurance agencies, marked its 10-year anniversary this month. The coalition of independent insurance agencies now encompasses 85 agency members with a combined total of more than 100 …

CVS To Pay Record Fine for Selling Meth Ingredient

CVS, the nation’s largest operator of retail pharmacies, announced it has agreed to pay $75 million in fines for allowing repeated purchases of pseudoephedrine that led to a spike in Southern California drug trafficking. In order to comply with federal …

Murphy Named Vice President Underwriting for Technology at CNA

CNA has named Valynda Murphy as vice president of underwriting for its Commercial Technology segment. In this role, Murphy will collaborate with the global insurer’s other key business units to further strengthen thus unit’s market presence. Murphy brings 25 years …

New Swiss Re sigma Study Examines Impact of Inflation on Insurers

Swiss Rre has issued a timely new sigma study , “The impact of inflation on insurers,” which examines “recent commodity price spikes and the current easy monetary policy” that have “increased inflation concerns.” Swiss Re underscored the fact that “many …

Liberty Mutual Breaks Ground on $300M Building in Boston

Liberty Mutual Group Chairman and CEO Edmund F. Kelly was joined yesterday by Massachusetts Governor Deval Patrick, Boston Mayor Thomas M. Menino, other state and city elected officials, neighborhood representatives and members of the construction trades at a groundbreaking ceremony …

Marsh: Power Industry Faces New Technologies, Environmental Risks

A bulletin from Marsh notes that “new technologies and environmental responsibility in the power sector were the issues of greatest concern to risk managers at a major power conference, held recently in Istanbul.” Marsh’s “Power Forum,” held earlier this month, …

News Archives by Month