Monthly Archives: <span>May 2008</span>

Bank of N.Y. Works with Connecticut on Security Breach

Connecticut Attorney General Richard Blumenthal asked the Bank of New York Mellon Wednesday to explain how it lost computer tapes containing the information of more than 4 million customers. The bank told the state that a box with back up …

Spouse: Slain North Carolina Insurance Examiner Was ‘a Joy’

The husband of a slain state insurance investigator said he felt sure his wife was dead from the moment he learned she was missing — and that he’s been going through a “living hell” ever since. Sallie Rohrbach’s body was …

Mass. Doctors Sue Over State Agency’s Quality, Cost Rankings

A physicians group is suing a Massachusetts agency, arguing that the agency’s system for ranking doctors based on quality and cost is unfair to patients and physicians alike. The Massachusetts Medical Society said this week it has filed a Suffolk …

Alabama and Mississippi Officials Ready for Hurricane Response

With no Gulf Coast hurricane since Hurricane Katrina in 2005, Alabama and Mississippi officials have worried that residents and tourists could become complacent about the seriousness of orders to flee the next disaster that strikes Gulf shores. Hurricane season begins …

North Dakota’s Workers’ Comp Rates to Rise 2.5 Percent in July

The North Dakota Workforce Safety & Insurance (WSI) board of directors approved the 2008-2009 premium rate plan on Thursday, May 22nd. While the new rating plan begins July 1, 2008, it calls for no change in statewide premium rates, overall …

Philadelphia CPCU Chapter Names New Officers

The Philadelphia chapter of the Chartered Property Casualty Underwriting Society has announced its 2008-2009 officers and directors. The incoming new officers are: President Dawn Upperman, Guy Carpenter; President-Elect Kellie Goldfien, Chubb Commercial Insurance; Vice President Shannon Rodgers, Amica Mutual Insurance …

Hanover Names Guiney Southeast V.P., Commercial Lines

The Hanover Insurance Group Inc. announced that Jerome Guiney has been named regional vice president for commercial lines for the company’s Southeast Region. Guiney will work out of The Hanover’s Atlanta office and will be responsible for the company’s Georgia …

U.S. Offers Political Risk Insurance for Investments in Palestinian Economy

A U.S. government agency signed a political risk insurance deal with a Palestinian firm Thursday to help guarantee investments in the West Bank as part of an international effort to develop the beleaguered local economy. The measure is meant to …

Aon Risk Services Adds Scontras as Senior V.P. in New England

Aon Risk Services reports that Christopher Scontras has joined the firm’s New England office as a senior vice president. In that role, Scontras is responsible for client development and fulfillment opportunities in risk management, insurance brokerage and consulting services, particularly …

Travelers Forecasts 2008 Operating Earnings at Lower Range

Travelers Companies Inc., one of the largest U.S. property insurers, said Thursday that a a “fine tuning” of its investment outlook gives it a bias towards the lower end of a previous forecast for operating earnings. On April 24, the …