Lawyers representing the village of Rosemont, Ill., are seeking restitution and punitive damages in a civil lawsuit against an insurance broker that village officials say allegedly defrauded them out of around $1 million. The civil lawsuit was filed in Cook …
Ohio Department of Insurance Director Lee Covington has signed the second of two orders revoking the insurance licenses of Matthew J. Bower and Abigail Bower, both formerly of Toledo and former agents of the Baron Insurance Agency. Their licenses were …
Markham F. Rollins, III, Chairman of TechAssure Association, Inc. announced that an Education Committee was established at its member and carrier meeting, which was held Nov. 6-8, in Denver. TechAssure Association, Inc. is an independent affiliation of agents and brokers …
While the Seattle Mariners made a huge leap on the baseball diamond this past season, the cost to insure Safeco Field tripled. According to a report in The Seattle Times, over a three-year period, the annual premium on a $100 …
Caliber One, the Excess and Surplus Lines arm of PMA Capital, has opened a new office in Glendale, Calif. Tom Ross, assistant vice president in charge of Caliber’s Seattle, Washington office, has relocated to Southern California to lead this effort. …
The push to enact federal terrorism insurance before the end of the year failed on Dec. 20 after promising Senate legislation was held hostage because some provisions ran contrary to the trial lawyer’s agenda, according to the American Insurance Association …
Dearborn Financial Services, a Kaplan Professional Company, has launched its Online Proctoring Support System, a single source for CE training and compliance for licensed insurance professionals. Chicago-based Dearborn said the online proctoring system enables insurance professionals in proctor-mandated states to …
The National Association of Independent Insurers (NAII) is pleased that HR 2299, the Department of Transportation and Related Agencies Appropriations Act, 2002 recently signed by President Bush provides funding to establish the safety mandates now required for Mexican trucks to …
Initial Swiss Re estimates say that 2001 was a very costly year for property insurers. In a PRNewswire report, man-made and natural catastrophes claimed more than 33,000 lives worldwide in 2001, with the direct financial loss from major events expected …
Illinois-based RLI Corp. promoted Michael J. Stone to president and chief operating officer of RLI’s two primary operating subsidiaries, RLI Insurance Company and Mt. Hawley Insurance Company. RLI also promoted Stephen A. Lindell to RLI Insurance Company senior vice president …
