Monthly Archives: <span>April 2009</span>

Agnew to Be Inducted Into Iowa Insurance Hall of Fame

Dan F. Agnew, president and CEO of Iowa-based Grinnell Mutual Reinsurance Company, will be inducted into the Iowa Insurance Hall of Fame on May 21, 2009. The induction ceremony will take place at the Olmsted Center on the Drake University …

It’s Not Easy Being Green; But It’s Profitable

Jim Henson’s most famous Kermit the Frog said it the best, “It’s not easy being green.” Today’s property owners and insurers understand that while it’s not easy going green, being green can be profitable. The green building market is steadfastly …

Texas Senate OK’s Bill to Lower Standard of Proof in Asbestos Lawsuits

Handing a rare victory to personal injury trial lawyers, the Texas Senate recently passed legislation that would make it easier for certain people to recover damages after being exposed to asbestos. The bill, which passed 20-11 on a preliminary vote, …

Connecticut’s Gowrie Group Rebrands

Wetsbrook, Connecticut-based insurance, employee benefits and finance company The Gowrie Group as officially rebranded itself. The company says it will no longer use its former name, Gowrie, Barden & Brett, effective immediately. Gowrie, which has offices in Connecticut and Rhode …

Top Federal Reserve Official: Let ‘Too Big’ Insolvent Financial Firms Fail

Insolvent financial firms must be allowed to fail regardless of their size, and sheltering such “too big to fail” institutions risks making the financial crisis worse, a top Federal Reserve official said Tuesday. In blunt criticism of the government and …

Pediatricians Fight Georgia Ruling on Vaccine Liability

Pediatricians and other medical professionals are trying to block a Georgia Supreme Court ruling they fear could encourage lawsuits and harm production of vaccines. The American Academy of Pediatrics (AAP), which represents 60,000 pediatricians, along with several other health organizations, …

Martell Joins Aspen Insurance Agency

Manchester, New Hampshire based Aspen Insurance Agency has named Patrick Martell as an account executive. Martell has held several key positions in his 20-year insurance career, most recently in a sales capacity for a local insurance agency. He previously worked …

Q&A: AIG’s New AIU Tries to Rebrand In Challenging Market

Last month, shortly after American International Group, Inc. CEO Edward Liddy announced that AIG would be spinning off its global insurance operations into a new entity to be known as AIU Holdings, Inc., Insurance Journal’s Andrew Simpson spoke with John …

Kentucky Insurance Officials Assist Murfreesboro Storm Victims

Kentucky insurance officials are moving to assist victims of recent severe storms in the Murfreesboro area. The Insurance Division of the Department of Commerce and Insurance is setting up a temporary consumer center in Murfreesboro to help residents affected by …

Krivoshik Named Chief Information Officer at MMC

New York-based brokerage Marsh & McLennan Cos. (MMC) has named William Krivoshik as chief information officer and senior vice president for the firm, effective immediately. In the newly created position, Krivoshik will oversee MMC’s technology strategy and architecture. Krivoshik most …