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

HUB International Names Vucovich President, Brokerage Shared Services

Hub International Limited appointed Donn Vucovich to the position of president, Brokerage Shared Services. In addition to his role as Shared Services president, he will join HUB’s executive management team and executive committee. Most recently, Vucovich served as a managing …

Safeco Shareholders Approve Liberty Mutual Merger

The shareholders of Safeco Corporation (NYSE:SAF) today voted overwhelmingly to approve the merger agreement entered into on April 23, 2008 with Liberty Mutual Group. Of those Safeco shareholders who voted, 99.5 percent voted to approve the transaction. Under the terms …

Connecticut Fines CNA Insurance Group $96K

The Connecticut Insurance Department has fined subsidiaries of CNA Insurance Group a total of $96,000 for violations of state law. The fines were assessed to CNA’s subsidiaries for alleged violations of laws regarding licensing and appointments of agents, loss of …

Louisiana Man Found Guilty on 8 Counts of Insurance Fraud

Arthur Copes of Baton Rouge has been found guilty on eight counts of insurance fraud, according to the Louisiana Attorney General’s Office. Judge Anthony Marabella rendered the verdict following testimony from former patients who flew in from all over the …

Survey: Private Firms More Exposed to Liability Risks, But Less Protected

More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or professional liability in the past …

New York Same-Sex Couple Wins Fight Against Health Insurer

The New York Civil Liberties Union says a lesbian couple who married in Canada have won their fight against a western New York insurance company over spousal health care benefits. The NYCLU sued Blue Cross & Blue Shield of Western …

Cedar Rapids, Iowa, Developing New Floodplain Map

A new floodplain map under development for Cedar Rapids, Iowa, shows a levee on the Cedar River’s west bank was too low to protect large sections of the city from a 100-year flood. That’s despite the fact that the properties …

Flooding in Indianapolis’ Lucas Oil Stadium Adds $5.6M to Cost

Flooding in Indianapolis’ Lucas Oil Stadium is expected to add more than $5 million to the cost of the new home of the Indianapolis Colts, officials said. The Indiana Stadium and Convention Building Authority unanimously approved a resolution that creates …

Texas Independent Agents Group Names Young Governmental Affairs Manager

The Independent Insurance Agents of Texas (IIAT) has named Rebecca Young governmental affairs manager to help serve as a liaison between association members and legislators. With more than 15 years’ experience cultivating positive relationships with constituents and colleagues, Young joins …

Combined Group, North American Capacity Offer CEI Program in Texas

Dallas-based The Combined Group announced a partnership with Swiss Re’s North American Capacity Insurance Company to offer a Comprehensive Employers Indemnity (CEI) program. The CEI program is designed for employers making the decision to nonsubscribe their Texas-based occupational injury exposures. …