ACE USA has opened a branch office in Morristown, N.J., which will serve the northern New Jersey area. Andrew Hurley has been appointed New Jersey branch manager and will lead the new office. Hurley will work to expand ACE USA’s …
Louisville, Ky. oral surgeon Robert Michael Clear has been sentenced to three years in prison on felony Medicaid fraud charges according to Attorney General Greg Stumbo. The Jefferson Circuit Court sentence was probated for five years on the condition that …
Randal McCloy Jr., the only survivor brought out alive from the 260-foot-deep International Coal Group Mine, will be eligible for medical benefits and wage replacement benefits immediately, and will receive workers’ compensation benefits based on the extent of his injuries, …
The White House promised a full investigation of the West Virginia coal mine disaster that killed 12 people. Congressional Democrats called for hearings to look into both the safety record of the mining company and the Bush administration’s policies on …
New Jersey Governor-elect Jon Corzine has nominated Rutgers Law School Associate Dean Ronald K. Chen to be public advocate to represent consumers on insurance rates and other issues before state government. Chen’s nomination will need to be approved by the …
A team in the U.K. has produced a new wind damage prediction tool called EuroTempest, designed to provide local damage forecasts for European windstorms. An announcement on the Lloyd’s Website (www.lloyds.com) notes that the new model represents a joint effort …
Lloyd’s insurer Creechurch Underwriting Limited announced the formation of the first Lloyd’s Syndicate to be managed in accordance with Islamic Shari’ah principles. “Stephen Gargrave will be the Active Underwriter of Takaful Syndicate 3786, which will commence trading from January 1, …
A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “B++” (Very Good) and assigned an issuer credit rating (ICR) of “bbb” to Malayan Insurance Company, Inc. (MICO) with a stable outlook. “The ratings reflect MICO’s …
Around this time last year, when New Hampshire reported a dramatic increase in motorcycle accident deaths, the state announced it was working on a safety campaign directed specifically at motorcyclists. A $100,000 campaign pleaded for caution by bikers and other …
Oregon-based StanCorp Financial Group Inc., which owns subsidiaries Standard Insurance Company and The Standard Life Insurance Company of New York, has elected Stanley R. Fallis of Scottsdale, Ariz., to its board of directors. Fallis currently serves on the board of …
