A Travis County judge has named Austin lawyer and former Texas Supreme Court candidate Karl Bayer to mediate a settlement in a mold-related lawsuit in which the jury slapped Farmers Insurance Group with a $32 million award. State District Judge …
ABD Insurance and Financial Services, the largest privately held insurance brokerage and employee benefit consulting organization in the Western U.S., recently announced the hire of Craig Calkins as vice president. Calkins brings 23 years of insurance brokerage experience to ABD …
San Diego-based ConfirmNet Corporation, the developers of the CertificatesNowÔ service, reported that by using the IVANS Transformation Statio™, it will be able to provide a real-time data exchange between the Applied Systems WinTAM product and CertificatesNow for creating and issuing …
ProFin(SM), the Professional & Financial Risks Practice of Royal & SunAlliance, has introduced a new Miscellaneous Errors and Omissions policy for service professionals. The E&O product, which complements ProFin’s current Management Assurance(R) program, protects against lawsuits brought by third parties …
The online insurance broker, Quotesmith.com has reduced its full-time staff by 25 employees as a result of its recent move to shift certain back office functions related to the handling of insurance applications for third party administrative firms. Quotesmith.com chairman …
Aon Corporation reported second quarter dilutive earnings per share, before special charges and non-operating corporate segment revenue, of $0.47, up seven percent from $0.44 in the second quarter 2000 on a comparable basis. According to the company, this increase was …
The Michigan Office of Financial and Insurance Services has posted a report to its web site that lists all enforcement actions taken against companies and individuals licensed by the state of Michigan in the insurance, lending, and securities industries. This …
Mapfre America bought a stake of 32.9 percent — a total of 18.1 million shares costing — in Venezuelan insurance group La Seguridad through the Caracas stock market as the last stage in its public offer for the latter operation …
The St. Paul Companies has finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is expected to close within three to five months, after regulatory approval has been received and the appropriate closing conditions …
Connecticut-based Target Capital appointed Joseph G. Shores to the position of program manager for the company’s national lawyers professional liability (LPL) insurance program. In his new position, Shores will manage all aspects of the LPL program, including underwriting, producer management …
