November 29, 2007
California Insurance Commissioner Steve Poizner has issued a decision approving no overall change to the state’s advisory pure premium workers’ compensation rates for 2008. On Sept. 20, 2007, the Workers Compensation Insurance Rating Bureau of California proposed to the Commissioner …
November 29, 2007
Aon Corp. announced that Michael R. Szot, Jim Reilly, Gary L. Stevens and Micah Chen have joined Aon Construction Services Group, all to be based in Los Angeles. “These individuals instantly enhance our profile within the middle market construction arena …
November 29, 2007
Chatsworth, Calif.-based Compass Insurance Group of Agencies has hired Paul D. Laufer as senior broker to spearhead the growth of Compass Insurance Group of Agencies. Over the past five years, Laufer was with a local retail insurance agency and has …
November 29, 2007
The Navigators Group Inc. announced that its principal insurance company subsidiary, Navigators Insurance Company, has entered into an agreement with Smith, Bell & Thompson, Inc. (SB&T) to underwrite property/casualty insurance products for the Forest Products industry. The Lumber Insurance Program …
November 28, 2007
A 36-year-old Rochester, N.Y. man, whose Mapquest directions led police to his home, was sentenced to five years probation in Monroe County Court on Nov. 26 for trying to fraudulently obtain a $10,282 insurance settlement. Craig C. Wilson, of 24 …
November 28, 2007
Darwin Professional Underwriters, Inc. has joined with the lawyers professional liability experts at Wolf Professional Risk in Tampa, Florida to acquire Agency Marketing Services, Inc. of St. Petersburg, Florida. The acquisition will be effected through a new Darwin affiliate, Evolution …
November 28, 2007
Rhode Island Hospital has been fined $50,000 and reprimanded by the state Department of Health after its third instance this year of a doctor performing brain surgery in the wrong side of a patient’s head. “We are extremely concerned about …
November 28, 2007
A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” of Catlin Underwriting (CU) (formerly Wellington Underwriting Plc prior to its acquisition by Catlin Group Limited). Best also affirmed the debt rating of “bbb-” of CU’ s $27 …
November 28, 2007
Marsh has announced the appointment of Artur Niemczewski as Chief Executive, Multinational within Marsh UK. Multinational comprises Marsh’s large account practices and specialty businesses. He will report to Marsh UK CEOMartin South. Niemczewski joins Marsh from Willis, where he held …
November 28, 2007
According to its recently released trading statement, the Bermuda-based Catlin Group Limited “continues to perform strongly, and this performance reflects continued broker support for Catlin’s enlarged underwriting operations.” Gross premiums written for the nine-month period ended Sept. 30 were $2.73 …