January 15, 2008
Florida authorities are investigating the explosion of a 28-foot boat in an Aventura marina Sunday. Its owner, whose name has not been released, was hospitalized with burn injuries. The fire started after he tried to start up the pleasure boat …
January 15, 2008
Of five West Virginia market conduct examinations completed during 2007, four were routine and one was a target examination based on the findings of a consumer hearing for State Auto Property and Casualty Co.’s violation of the Unfair Trade Practices …
January 15, 2008
Atlanta, Ga.-based Beecher Carlson, a commercial insurance brokerage firm, appointed Steve Denton as president of the company. Denton has served as the chief operating officer since July 2006. In his expanded role, Denton will plan and direct the execution of …
January 14, 2008
San Francisco-based Genstar Capital LLC, a middle market private equity firm, has partnered with insurance industry executives and Westline Corp. to establish Confie Seguros, a platform company formed to facilitate the consolidation of insurance brokerages in various states that primarily …
January 14, 2008
Commercial lines insurance premiums continued to tumble during the fourth quarter of 2007, according to the RIMS Benchmark Survey, an industry survey of policy renewal prices as reported by corporate risk managers. Despite concerns about losses arising from the continuing …
January 14, 2008
Part memorial and part plea, a new Web site is focused on the stories and needs of victims of the Interstate 35W bridge collapse. The site, www.35wbridge.com was conceived by survivors of the Aug. 1 tragedy, which killed 13 people …
January 14, 2008
Police in New York have arrested a computer consultant who is charged with fraudulently printing an insurance certificate from an agency’s computer and using the document for his part-time snowplowing business. Joseph Mori, 43, of Fishkill, has been charged with …
January 14, 2008
North Dakota’s House Republican leader says a legislative committee will look into the operation of the state’s workers compensation agency, which he says has suffered from a lack of public trust. The House Democratic leader says the study is damage …
January 14, 2008
Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower, although that could quickly worsen if a natural catastrophe strikes. Those predictions – which follow two …
January 14, 2008
Rejected in the Legislature Friday was an attempt to revise state workers’ compensation law so injured employees who drink or use illegal drugs on the job must prove that those things were not substantial factors in causing their injuries. Opponents …