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XL Partners with Breed’s Hill for New England Real Estate Coverage

Insurer XL Insurance has partnered with Massachusetts-based Breed’s Hill Insurance Agency, a managing general underwriter, to offer general liability and property coverage for multi-unit apartment buildings, condos and mixed-use real estate risks primarily in the New England. Breed’s Hill will …

ISU Adds ISU Cerva, Browning, Quinn & Co.

ISU International has added ISU Cerva, Browning, Quinn & Company to the ISU Network. ISU Cerva, Browning, Quinn & Co. has been servicing the Salt Lake City area for more than 30 years and is owned by David Cerva. The …

Louisiana Agent Told to Stop Selling Insurance; Fined $10K

A Winnsboro, La., agent was served by the Louisiana Department of Insurance Fraud Section Investigators with a cease and desist order, a summary suspension order and a $10,000 fine notice for alleged misrepresentation. The case against Todd Samuel Easterling was …

Massey Cited for Serious Violations at West Virginia Mine

A surprise inspection has turned up serious safety violations that could have caused an explosion at another Massey Energy Co. coal mine in West Virginia, the federal Mine Safety and Health Administration announced last week. Inspectors caught Massey illegally cutting …

States Hosting International Insurance Regulators

The National Association of Insurance Commissioners (NAIC) welcomed 13 regulators from China, India, Korea, Lebanon, Republic of Srpska and Thailand to its International Internship Program for Education and Regulatory Cooperation. The fall program kicks off in Kansas City, Missouri this …

Shadrick Joins Eastern Insurance Group

Massachusetts-based Eastern Insurance Group has appointed Matthew Shadrick as executive vice president of it employee benefits division, Eastern Benefits Group. The 20-year industry veteran most recently served as national sales director for the Aon Consulting Human Capital Practice where he …

NSM Hires Squires as Business Development Manager

Austin, Texas-based NSM Insurance Group has hired Jimmy Squires as business development manager for south Texas, Alabama, Arkansas, Louisiana, Missouri, Mississippi and Tennessee. Squires has more than 20 years experience with carriers and managing general agencies in both senior marketing …

Safeco Recognizes Majhanovich With Excellence Award

Safeco Insurance Co. has recognized Kerry Majhanovich with its Award of Excellence. Majhanovich is a principal with Tegeler & Associates in Wyoming. Safeco’s Award of Excellence celebrates those individuals with superior underwriting skills who have developed a solid partnership with …

Hurricane Paula Spares Mexico’s Coast, Heads for Cuba

Category 2 Hurricane Paula passed 60 miles east of the resort town of Cancun, Mexico this morning, packing maximum sustained winds of 100 mph, according to catastrophe modeling firm AIR Worldwide. With hurricane force winds extending only 15 miles outward …

S&P Revises Outlook on Mutual of Omaha to ‘Negative’

Standard & Poor’s Ratings Services said it has revised its outlook on Mutual of Omaha Insurance Co. to negative from stable, and has assigned its ‘A’ rating to Mutual of Omaha’s issue of up to $300 million in surplus notes. …

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