April 6, 2009
Nautilus Insurance Group named Thomas Miali as assistant vice president-property underwriting. Miali joins Nautilus from a reinsurance company where he served as vice president. His background includes managerial positions specializing in property underwriting for both primary and reinsurance companies. He …
April 6, 2009
The Channel Island of Guernsey, a major captive domicile, has welcomed its ‘white listing’ by the OECD as a result of the G20 summit in London. Chief Minister Lyndon Trott said that the Island’s inclusion on a white list with …
April 6, 2009
After agreeing to a rare rehearing, the Texas Supreme Court on April 3 upheld its decision that – despite what some lawmakers say – a “premises owner” cannot be sued by injured employees of a contractor. Lawyers for a contract …
April 6, 2009
The Louisiana Workforce Commission said initial claims for unemployment insurance rose 3.4 percent for the week ending March 28 and remained at rates approaching double of those from a year ago. And amid these tough economic times insurance agents in …
April 6, 2009
Nationwide Mutual Insurance Co., based in Columbus, Ohio, on April 3 laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said. Nationwide has eliminated about 3,000 jobs nationally …
April 6, 2009
Prosecutors in Indianapolis, Ind., have dropped insurance fraud charges against a Florida-based repair company accused of faking hail damage to drum up business after a 2006 storm. Instead, CPM Construction President Joseph M. Radcliff accepted a diversion agreement in which …
April 6, 2009
Austin, Texas-based National Insurance Partners Inc. (NIP) has launched a broad form of directors and officers insurance coverage for independent directors of companies. X-PROTECT is offered in partnership with the Executive Liability Division of Great American Insurance Group. NIP, which …
April 6, 2009
Hartford Financial Services Group said on Friday that it has awarded Chief Executive Ramani Ayer $4.5 million for his 2008 compensation, in the face of a $2.75 billion net loss. The company also disclosed that it paid a former chief …
April 6, 2009
More than a dozen homes are underwater in and around Valdosta and several neighborhoods are evacuated as major flooding hits south Georgia after heavy rain this past week. Valdosta officials are building sand bag and gravel barriers around the city’s …
April 6, 2009
Progressive said it will begin offering motorcycle and RV insurance in Massachusetts. The Mayfield Village, Ohio-based insurer said it will offer the coverage through its Web site as well as through independent insurance agents. The addition of these coverage come …