February 21, 2008
San Diego, Calif.-based Arrowhead General Insurance Agency Inc. announced that Richard S. Rohde, president of Arrowhead’s commercial auto, specialty contractors and surety programs, is retiring from the company effective June 30, 2008. The company had previously appointed Bill Trzos as …
February 21, 2008
A Kanawha County, W. Va., man, who was indicted on a felony count of submitting a fraudulent insurance claim to an insurance company pleaded guilty to a reduced charge of one misdemeanor count of insurance fraud, according to W. Va. …
February 21, 2008
A new survey by New York research firm found that property casualty insurer CEOs tend to focus more on the benefits of using technology to enhance distribution and service of their products, but have shortchanged how technology could improve undervalue …
February 21, 2008
The U.S. Ninth Circuit Court of Appeals in Seattle has upheld an Alaskan district court ruling that a primary insurance carrier can cancel a marine vessel’s pollution insurance policy on the basis that the insured failed to disclose the vessel’s …
February 21, 2008
Christie Azzolini has joined the team at NIP Programs in Woodbridge, N.J. as a program manager leading the newly-developed SitePro insurance program, which targets site preparation and land improvement contractors. Azzolini comes to NIP Programs after spending two years as …
February 21, 2008
Michigan-based Meadowbrook Insurance Group, Inc. reported it will acquire ProCentury Corp. in a transaction valued at approximately $272.6 million in cash and stock to be paid to ProCentury shareholders. Under the terms of the merger agreement, shareholders of ProCentury will …
February 21, 2008
New York-based Valiant Insurance Group Inc. has hired Adrian Scott as senior vice president and head of the group’s professional liability practice. Scott is the former managing director of the global professional liability practice at Marsh USA. He holds an …
February 21, 2008
Abram Interstate Insurance Services, Inc., located in Rocklin, Calif., announced the addition of Marcy Tabora as auto program manager. Tabora began her career in the insurance industry 14 years ago, working at Hosford Insurance Agency where she gained experience in …
February 21, 2008
Reed Elsevier announced the acquisition of U.S. risk-management business ChoicePoint Inc for $4.1 billion, including debt, and said it would intensify a cost-saving drive and sell an advertising-dependent information business. Shares in Anglo-Dutch publisher Reed, which have outperformed the DJ …
February 21, 2008
The federal government fined two contractors hired to dismantle a condemned ground zero skyscraper $464,500 on Tuesday for more than 40 safety hazards at the building, where two firefighters died in a fire last summer. The U.S. Department of Labor’s …