Pennsylvania-based wholesaler USG Insurance Services has named Jason Holloman as property broker specializing in large commercial and CAT-exposed risks. Holloman most recently served as a wholesale property broker with Swett & Crawford. He has also held positions with Arch and …
Conducting special inspections to crack down on mines with poor safety records appears to be working, the federal Mine Safety and Health Administration said last week. The agency said it issued 250 citations and orders during so-called impact inspections at …
The Minnesota Department of Commerce said it stands to receive more than $2 million in its share of a $146 million settlement with American International Group over misreporting of workers’ compensation insurance premiums. AIG and its workers compensation insurance affiliates …
American International Group Inc. (AIG) has agreed to pay $146.5 million in fines and additional taxes to state insurance regulators for alleged under-reporting of premiums to states more than a decade ago. The company will pay $100 million in penalties …
Marsh’s retail agency business has acquired Trion Group Inc., the largest privately held employee benefits specialist in the United States with $74 million in annual revenue. Terms of the deal were not disclosed. Conshohocken, Pennsylvania-based Trion offers consulting, brokerage, group …
Boston-based insurer ProMutual Group has hired Linda Bieber as risk management consultant. Bieber, a nurse, will provided physician office appraisals and risk management services to insured hospitals and emergency department facilities in Pennsylvania and New Jersey. She will also provide …
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health subsidiaries of American International Group, Inc. as well as the ICR of “bbb” of AIG. The FSR’s of most of …
Managing general agency J.M. Wilson has added Chuck Craycraft as branch manager in Westerville, Ohio. Craycraft will oversee the staff and day-to-day operations of the Ohio office. His territory includes Ohio, Kentucky, West Virginia, Virginia and Pennsylvania. He is a …
A western Pennsylvania town has banned sledding in a popular park and voted to lay out a sledding course in another. Beaver’s borough council unanimously approved the restrictions because of liability concerns raised by its insurance carrier. Under the new …
Attorneys for 20 states fighting the new federal health care law told a judge last week it will expand the government’s powers in dangerous and unintended ways. The states want U.S. District Judge Roger Vinson to issue a summary judgment …
