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

White House Says G8 Can’t Set Global Climate Goals Alone

The Group of Eight major industrialized countries (G8) meeting next week in Japan cannot by themselves set effective long-term world goals on curbing greenhouse gas emissions, the White House said on Tuesday. “With evidence mounting of rapidly rising emissions from …

Keely Named VP of Markel Essex Ocean Marine Unit

Mike Keely has been named vice president and head of the Markel Essex ‘s Ocean Marine Division. Previously, Keely served as assistant vice president Ocean Marine, charged with product and personnel development. Keely joined Markel Essex Ocean Marine in August …

What You Get When Purchasing Insurance Leads

Many insurance agents do not look into purchasing leads because they have no idea of how this process works. Additionally, they are not exactly sure as to what they will receive. Before you purchase insurance leads, it is definitely a …

AIG Pays Former CEO Sullivan a Severance Package Worth $47 Million

American International Group Inc. said it paid a $47 million severance package to former Chief Executive Martin J. Sullivan, whose resignation took effect Tuesday. Sullivan, who left his position in mid-June after two quarters of record losses at AIG, will …

Rhode Island Top Court Overturns Landmark Lead Paint Ruling

Rhode Island’s top court Tuesday overturned a landmark lower court ruling that three former manufacturers of lead paint were liable for creating a public nuisance by covering up the health risks of lead paint. The three former lead paint makers …

New York Wants Public Hearing on Insurance Agents’ Commissions

Just days after a top state court ruled it was legal for insurers to pay so-called contingent commissions, the New York Insurance Department and Attorney General said they will hold joint public hearings on the compensation arrangements for insurance agents …

Conning Research: P/C Loss Reserves Position Deteriorated in 2007

While the property/casualty industry still appears to have strong reserves, overall its position began to deteriorate in 2007, according to a new study by Conning Research and Consulting Inc. “The property-casualty industry’s reserve position began to deteriorate slightly in 2007, …

Swett & Crawford Launches New Truckers Accident Program

Risk Reducers LLC, a division of Swett & Crawford, launched a new occupational accident transportation program to address the problem of job-related injuries suffered by independent truck drivers who are not covered by workers’ compensation. Known as the Truckers Accident …

Colemont Adds O’Brien, Lewison to Hartford Office

Dallas-based Colemont Insurance Brokers has named Michael O’Brien and David Lewison vice presidents for its Hartford, Connecticut office. O’Brien will oversee marketing and production of health care, financial services and professional liability accounts. Before joining Colemont, he was a managing …

Colemont Adds O’Neal as Assistant Vice President in Chicago Office

Colemont Insurance Brokers recently announced that Judd O’Neal has been promoted to assistant vice president in Colemont’s Chicago office. Judd joined Colemont in 2006 as a property broker after four years with a large Midwest retail agent as an account …