A U.S. appeals court judge promised a swift ruling in a case pitting New Orleans homeowners against insurance companies for their refusal to cover damage from the failure of levees in Hurricane Katrina’s aftermath in 2005. Rulings by the 5th …
The Independent Insurance Agents of Texas introduced its new officers for the coming year at its 110th Annual Conference & Trade Show, held recently in San Antonio. The organization also recognized the winners of two of its highest awards, the …
Minnesota Governor Pawlenty recently announced that Commissioner Scott Brener of the Department of Labor and Industry is leaving his administration to return to the private sector effective July 5, 2007. “Scott has done an outstanding job ensuring that Minnesota’s work …
The New York State Senate has passed legislation its backers promise will strengthen New York’s navigation laws to improve public boating safety. The measure, (S.4242), sponsored by Senator Betty Little (R,C,I-Queensbury), is part of the response to the Ethan Allen …
Business associations and groups representing New York’s agriculture sector and construction industry have again urged Governor Eliot Spitzer and state legislators to reform New York’s so-called “scaffold law.” The scaffold law — also known as sections 240/241 of the Labor …
Hilb Rogal & Hobbs Company, an insurance and risk management intermediary, recently announced that it has signed a definitive agreement to acquire substantially all of the assets of Charlton Manley, Inc. (Charlton Manley), a Kansas-based retail property and casualty insurance …
A.M. Best Co. has placed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit ratings (ICR) of “a-” of Penn.-based Lincoln General Insurance Company and Barbados-based Kingsway Reinsurance Corporation (KRC) under review with negative implications. At the …
Gov. John Baldacci is expected to sign a bill prohibiting Maine from implementing Real ID, the national identity card system that’s been vilified by critics as unworkable and too expensive, a spokesman said Wednesday. Months after Maine lawmakers led a …
Newman Martin and Buchan (NMB), an independent Lloyd’s insurance and reinsurance broker, has appointed David Warne as a director of its marine division. He moved to NMB after 26 years at Willis Group in May. Warne, who has spent his …
Swiss-based reinsurer Converium announced that its current Chief Risk Officer, Markus Krall, will leave the company, effective June 30, for personal reasons. Converium said it has not yet found his replacement, but is “looking to fill the position internally.” CEO …
