The PMA Insurance Group in Blue Bell, Pa. reports that Andrew J. McGill has joined the company as vice president of human resources. McGill will lead PMA’s human resource initiatives and will report directly to Vincent T. Donnelly, president and …
CSR Limited, a large Australian building products manufacturer, has reached a settlement of asbestos litigation with a group of 48 Australian, United Kingdom and European insurers. Under the terms of the settlement each of the settling insurers is obliged to …
Suncor Energy Inc. reports that it has settled business interruption insurance claims related to a January 2005 fire at the company’s oil sands facilities. The total amount of the BI settlement is approximately $980 million (US$830) of which approximately $385 …
Two directors of embattled Beacon Mutual Insurance Co. have informed Rhode Island Gov. Donald Carcieri that they refuse to relinquish their positions on the board of the state’s largest workers compensation carrier without first being given a hearing. Carcieri, who …
The New York City Council is looking for ways to shut down certain fraudulent medical clinics that critics say take advantage of the state’s no fault insurance system and drive up auto insurance rates. One prominent critic, the Property Casualty …
The commercial insurance marketplace cannot effectively price and underwrite terrorism coverage because there still is no effective modeling, so any long-term solution to the terrorism risk coverage must involve the federal government, in the opinion of U.S. commercial insurance brokers. …
In the next four years, the number of workers 55 years or older will increase 32 percent. To help employers understand and respond to that trend, California State Compensation Insurance Fund’s Santa Ana district office has scheduled a free seminar, …
An English company has bought the assets of Mutual of Omaha’s water purification subsidiary, the Omaha company said this week. Waterlogic International Ltd. of London, which makes and sells water distilling equipment, is acquiring innowave inc. Terms were not disclosed. …
A bill authored by Senator Susan Paddack, an Ada Democrat, that will give Oklahoma families a tax credit for rebuilding their homes that were destroyed or damaged by the recent wildfires won the approval of the full Senate today. HB …
G.J. Sullivan’s Excess & Surplus Lines Personal Products Division has launched a new technology product that aims to provide online quotes in just 30 seconds. The Online Quick Rater is specially designed for the Personal Umbrella and Comprehensive Personal Liability …
