B&B Programs, a division of San Diego-based Barney & Barney LLC that is responsible for national program and wholesale insurance distribution, has launched the Art Elite Insurance Program to underwrite and insure fine art collections for museums, galleries and dealers. …
Continental Casualty Co. has reimbursed the California Insurance Guarantee Association (CIGA) nearly $56 million by for payments previously made to injured workers, the California Department of Insurance announced. The California Insurance Guarantee Association was created to pay the claims of …
Small pickups aren’t providing as much protection in side crashes as many new cars and sport utility vehicles. The Toyota Tacoma was the only one of five small pickup trucks, all 2008 models, to earn the highest rating of good …
Bad weather and a poor economy hampered Liberty Mutual Group’s (LMG) second quarter results but revenues overall were up 10.4 percent over second quarter 2007, the company reported today. Liberty Mutual reported the group’s net income of $300 million and …
Itasca, Ill.-based Arthur J. Gallagher & Co. acquired Gale Smith & Company, Inc. of Brentwood, Tennessee. Terms of the transaction were not disclosed. Established in 1868, Gale Smith & Co. is a retail insurance broker offering risk management, commercial property/casualty …
A former New York City buildings inspector will spend six months in federal prison for accepting thousands of dollars in bribes. Authorities say Dean A. Massari accepted the money to overlook regulations dealing with sewer connections in about a dozen …
The Massachusetts Supreme Judicial Court has ruled that physicians can be held liable in a wrongful death action when their negligence lessens a patient’s chance of survival. The ruling, which for the first time upholds the “loss of chance” doctrine, …
Bradenton, Florida-based Southern Eagle Insurance Co. awarded a three year contract to GlobalOptions Group, a provider of domestic and international risk management services. GlobalOptions fraud and investigative unit will serve as a preferred provider of investigative services for Southern Eagle …
The Texas Department of Insurance (TDI), Division of Workers’ Compensation has closed its Corpus Christi and Weslaco field offices until further notice due to severe weather caused by Hurricane Dolly. Additional field offices in the coastal area (Beaumont, Houston East, …
Insured loss estimates from Hurricane Dolly are starting to roll in. AIR Worldwide estimates U.S. insured losses from Hurricane Dolly at $300 million to $1.2 billion with an expected (mean) loss of $600 million. Meanwhile, Newark, Calif.-based Risk Management Solutions …
