The federal government has filed a lawsuit challenging key sections of a new Massachusetts law that regulates oil tanker operations and safety in state waters, saying the provisions violate federal authority and should be struck down. The law, which was …
Indiana’s new Republican Gov. Mitch Daniels has named W. Harold Calloway, a State Farm agent, as the state’s new insurance commissioner. Calloway, 58, takes over an agency with a $15 million budget and 75 employees that has been criticized in …
Toledo, Ohio-based agency Hylant Group has added John W. Chaney as vice president of business development. In this corporate resources position, Chaney is responsible for sales leadership, business development and recruiting key personnel for all Hylant Group offices. Most recently, …
Concord, Ohio-based Marsh, Berry & Co.’s Agency Peak Performance EXchange has partnered with FIRST Insurance Funding Corp. and Lake Forest Bank & Trust to provide an exclusive package of financial services to its partners, the company said in a statement. …
Des Plaines, Ill.-based agency A.F. Crissie & Co. Ltd. has changed its name to Crissie Insurance Group. The new name is meant to reflect the agency’s growth and breadth of insurance solutions, the company said in a statement. The Crissie …
Citing a report from Robert Wood Johnson Foundation, the Nebraska Department of Insurance stated that an estimated 30,145 Nebraskans were found to be covered by self-insured Multiple Employer Welfare Arrangements. As a percentage of Nebraska’s population, that number places the …
Katie Freeman Insurance Services, in association with Shand Morahan & Co., the underwriting manager for Markel American and Evanston Insurance Companies, is sponsoring a three-hour continuing education seminar for IIAB-OC members. This Employment Practices Liability Insurance Seminars will increase participants’ …
Walnut Creek, Calif.-based J.E. Brown & Assoc. is offering a new High Value Homeowner Program, “Masterpiece.” Policy limits are unlimited; carrier is Chubb; “A++” rated, admitted. Deductibles are $500 and up, no minimum premium. Endorsements include: All Risk Policy with …
Seattle-based Seabright Insurance Holdings Inc. raised $78.8 million in their initial public offering Jan. 20, with shares priced at the high end of the expected range, Reuters reported. Seabright recently entered the California workers’ comp market. Seabright had filed to …
Bermuda-based XL Capital Ltd. announced that, based on initial loss reports and preliminary estimates, it expects pre-tax net losses arising from the tsunami that struck South Asia on Dec. 26, 2004, of approximately $75 million. Approximately two-thirds of these estimated …
