May 15, 2008
In preparation for another successful chapter year, the Kansas City Chapter of the CPCU Society (Chartered Property Casualty Underwriters) recently elected its 2008-2009 officers. Beginning May 12, 2008, Bill West, CPCU, of Olathe, Underwriting manager for Federated Rural Electric Insurance …
May 15, 2008
David Wiley has been promoted to assistant manager for California’s State Compensation Insurance Fund’s Customer Service Center, in Fairfield. Wiley joined the organization’s Oakland District Office when he was hired as an underwriter in 2001. He also served as the …
May 15, 2008
Californians permanently injured on the job would get an average 16 percent increase in disability payments under new rules proposed by the state Division of Workers’ Compensation. The formula is based on new data that links wage losses to the …
May 14, 2008
A small section of a four-story parking deck near SouthPark Mall in Charlotte, N.C. collapsed, but authorities say no one is hurt. Charlotte Fire Department Captain Rob Brisley said a few cars suffered some minor damage. The deck is next …
May 14, 2008
American International Group Inc Chairman Robert Willumstad said Wednesday the global insurance giant’s directors stand behind Chief Executive Martin Sullivan, fending off concerns raised by investors frustrated by two quarters of record losses. Willumstad, speaking at AIG’s annual shareholder meeting, …
May 14, 2008
An appeals court in Texas overturned a $7.75 million verdict against Merck & Co involving its withdrawn pain drug Vioxx Wednesday, ruling that evidence presented at trial failed to prove the medicine caused the heart attack suffered by the plaintiff’s …
May 14, 2008
Florida’s First District Court of Appeals fired the latest volley in an ongoing saga between Allstate Insurance and the Office of Insurance Regulation, re-suspending the insurer from writing new business in Florida. The court affirmed in its opinion released on …
May 14, 2008
The Oregon Supreme Court has upheld a five-year statute of limitations on medical malpractice lawsuits involving minors. The court ruled against a claim that laws in effect when Oregon was a territory blocked a five-year statute of limitations that the …
May 14, 2008
The Hanover Insurance Group, Inc. has unveiled Real Estate Advantage, a new insurance program offering specialty coverages to for commercial real estate owners and managers. Real Estate Advantage offers coverages for commercial property, general liability, commercial crime, commercial auto, commercial …
May 14, 2008
Suhr Risk Services of California named Jennifer Deering and John Dershimer risk management consultants in the Property and Casualty and Benefits Divisions. Deering will serve in the Property and Casualty Division, drawing upon her nine-year history in growing market share. …