Seated behind the wheel of a fire engine, Dave Breglia follows a map dotted with expensive homes threatened by wildfires. His job: protect high-end real estate and save an insurance company millions of dollars. “I never know where I’ll go …
Two homeless men befriended by a pair of elderly woman needed only food, water and shelter, a judge said. Instead, said Superior Court Judge David Wesley, they were killed because of the women’s greed. For that, Wesley handed down two …
Erie Insurance Group has selected Terrence W. Cavanaugh as president and chief executive officer, effective July 29, at which time he will also be elected to the company’s board of directors. Cavanaugh joins Erie from Chubb Corp. where he has …
New York-based Kinloch Holdings, Inc., an insurance brokerage holding company focusing on middle market clients, announced today that founder and CEO Robert Lockhart has resigned to pursue other opportunities. Steve Genatt, a principal in the firm, will serve as the …
Governor Rod R. Blagojevich announced on July 15 that Illinois’ number of motorists and front seat passengers who buckle up in the state edged upwards and exceeded 90 percent for the second straight year. In addition, the Illinois Department of …
Aon has named Mark Chessher to the position of chief financial officer of Aon Limited and ARS (UK). Chessher will join the company later in the year, subject to FSA approval, and will sit on the Aon Limited board. He …
Independent reinsurance broker Carvill reports that trading in its derivative contracts for hurricane risk continues to grow. The Carvill Hurricane Index trades on the Chicago Mercantile Exchange (CME). As news of Hurricane Bertha, the first real activity of the season, …
A federal appeals court has dismissed the remaining portions of a lawsuit filed by a Nebraska crop insurance company against the Federal Crop Insurance Corp. American Growers Insurance Co. filed a lawsuit against FCIC in November 2001 in U.S District …
President Bush’s highway safety chief is resigning after leading the administration’s efforts on auto safety and vehicle fuel economy standards for two years, officials said. Nicole Nason, the administrator of the National Highway Traffic Safety Administration, told Transportation Secretary Mary …
A bipartisan group of lawmakers introduced a bill this week aimed at ending the Federal Aviation Administration’s sometimes cozy relationship with the airline industry and reversing purported complacency on safety oversight. Several Democrats and Republicans in the House of Representatives, …
