Motorists Mutual Insurance Co. will automatically include $100,000 of employment practices liability insurance (EPLI) in most commercial policies starting in April. This change gives agents an additional selling tool, according to Grady B. Campbell, vice president of property/casualty marketing. “No …
A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and manufacturing. That’s according to Carpenter Moore, the wholly-owned …
Mississippi insurance agent Ken Nowlin has been sentenced to 30 months in prison for his role in a kickback scheme involving Lafayette County’s health care coverage. U.S. District Judge Michael Mills sentenced Nowlin, of Ecru, Miss., Jan. 31. Nowlin pleaded …
Legislation requiring colleges and universities to develop emergency management plans is on its way to the Virginia House of Delegates floor. The House Militia, Police and Public Safety Committee unanimously endorsed the bill last week. The measure was prompted by …
Florida State. Sen. Bill Posey, R-Rockledge, says he’s running for Congress. Posey, currently chairman of the Senate Banking and Insurance Committee in the state Legislature, announced his candidacy Feb. 2 before 250 supporters in Rockledge. Posey is running for the …
The death of a 12-year-old Gorham, N.H. boy who was struck by a car last spring has prompted lawmakers to consider making it tougher for teens to get their drivers’ licenses. Brian Wu was in-line skating when he was struck …
A lawsuit filed by State Farm Fire and Casualty Co. that accuses Attorney General Jim Hood of using the threat of criminal charges to force settlements in civil lawsuits is based on “lies, speculation, and innuendo,” Hood said in court …
ACE announced the appointment of Carl Faulkner as its European e-Commerce Manager. The bulletin from the London office stated he would “work closely with ACE’ s Underwriting and Business Development teams across the UK and Europe.” Faulkner “will be responsible …
XL Capital Ltd. announced that Celia R. Brown, Executive Vice President and Head of Global Human Resources and Corporate Relations, has joined its Executive Management Board. She was promoted to her current position in 2006, and oversees the Company’s activities …
Bermuda-based AXIS Capital Holdings Limited has reported net income available to common shareholders for the fourth quarter of 2007 of $306 million, or $1.89 per diluted share, compared with net income of $281 million, or $1.69 per diluted share, for …
