March 20, 2009
International insurer Torus Insurance Ltd has appointed Linc Trimble as New Jersey-based head of the company’s excess casualty division. Trimble will oversee a country-wide growth strategy for Torus, and build a regional infrastructure across the United States. He has held …
March 20, 2009
Standard & Poor’s Ratings Services said that its ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based intermediary holding company, Everest Reinsurance Holdings Inc. (both rated ‘BBB+’ with a stable outlook), as well as the ratings on the company’s …
March 20, 2009
Phoenix-based MiniCo Insurance has an expanded benefits program for independent agents and brokers who write a larger volume of business with the company. Those with at least four in-force policies with MiniCo Insurance qualify as Gold Select Agents. Platinum Select …
March 20, 2009
In the 19th century fashionable British gentry became discontented with the common Anglo-Saxon names for various groups of animals – herds, for farm animals – flocks, for birds – schools, for fish and packs for predators. They weren’t deemed “poetic” …
March 20, 2009
Canon Insurance Service has added a new in-house earthquake insurance program to its specialty coverages. The expanded coverage can be written anywhere in California, with Canon retaining full authority to quote and issue policies. This is for commercial property including …
March 20, 2009
The California Supreme Court has granted review of State of California v. Continental Ins. Co. (2009) 170 Cal.App.4th 160 [Fourth Dist., Div. Two]. In a prior proceeding in federal court, the State of California was ordered to pay for the …
March 20, 2009
Bermuda-based Ironshore Inc. has appointed Susan Kostro as vice president in charge of running its newly created Program underwriting facility. Kostro, who will be based in Boston, will develop and manage Program business, working in conjunction with program administrators across …
March 20, 2009
Minnesota’s largest private foundation is contributing $100 million toward a $1 billion initiative by several large foundations to fight climate change. McKnight Foundation President Kate Wolford says the coordinated strategy is unique but necessary. She says that without immediate action …
March 20, 2009
Michigan House Democrats again are trying to change Michigan’s law shielding prescription drug makers from legal liability if their product was approved by the Food and Drug Administration. A House committee approved bills by 10-5 and 9-5 votes this week …
March 20, 2009
A 61-year-old Bloomfield Hills, Michigan man has sued his former employer, claiming he was fired from a $75,000-a-year salesman’s job because of his waistline. But the employer says Patrick J. Ronayne was let go because of his performance, not his …