The Oregon Department of Insurance is reminding producers who write coverage for the more than 45,000 Oregon contractors licensed through the Construction Contractors Board of a new law that requires general liability insurance coverage include products and completed operations coverage …
Safeco announced that Paul Chmura has joined the company as Northeast regional executive. Chmura comes to Safeco from The Hanover Insurance Group, where he served as the regional vice president of sales and distribution for the Northeast region since 2004. …
Due to the damages caused by the rain, heavy snow and high winds in the projected series of storms in northern Nevada last weekend, Commissioner of Insurance Alice A. Molasky-Arman has given temporary approval for nonresident insurance claims adjusters to …
Atlanta-based Beecher Carlson insurance brokerage has acquired Phoenix-based Alliance Insurance Group. Financial terms of the transaction were not disclosed. The acquisition supports its plan to partner with firms where there is strategic alignment in specialization and expansion of geographic reach …
Narragansett Bay Insurance Co. in Rhode Island has sealed a deal to obtain $200 million from three private equity investors. The company said the equity will be used to grow the company’s homeowners business along the Eastern seaboard, insuring both …
San Diego-based Barney & Barney announced that Alice Campbell has joined the company as principal in the Employee Benefits Division. Formerly president of Campbell Benefits, Campbell specializes in providing employee benefits insurance solutions. She began her career as an employee …
Los Angeles-based Farmers Group Inc. announced it is presenting $62,000 to the La Jolla Band of Mission Indians to help rebuild after the Southern California fires of 2007. “The La Jolla Tribe felt first-hand the ravages of the 2007 fires. …
Swiss Re’s Westport Insurance Corp. has announced a merger with Employers Reinsurance Corp. Both are U.S. domiciled corporations. Employers Reinsurance Corp. also maintains a Canadian Branch. In the merger, Employers Reinsurance assumed the Westport name and all of the liability …
On Dec. 26, 2007, President George W. Bush signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA), thereby retaining the federal backstop for terrorism risk through Dec. 31, 2014. The language of the new law, which …
While it’s too soon to tally insured loss estimates, Nevada residents who fled nearly 300 homes flooded when a canal’s earthen bank collapsed are returning to their homes where they will face damage left by the wave of frigid water …
