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

New York Man Charged with Torching Defunct Nightclub

A suburban Albany, New York businessman remains jailed on charges he burned down a defunct rock club he’d recently acquired. Town of Colonie police say 43-year-old Akiva Abraham of Rexford is being held without bail Monday after being charged with …

Republican Senate President to Run for Florida CFO Post

Florida Senate President Jeff Atwater says he’s running for chief financial officer (CFO). The North Palm Beach Republican filed as a candidate Monday with the Department of State. Just about a week ago, incumbent CFO Alex Sink, a Democrat, entered …

Auto Thefts Down Dramatically in Texas But Car Burglaries Rise

Praise the work of auto theft task forces or new car manufacturers or both for the dramatic drop in auto thefts in Texas. Criminals are stealing older vehicles simply because they’re finding it harder to bypass anti-theft devices that manufacturers …

Cunningham Lindsey U.S. CEO: Market Conditions Not Slowing Growth

With its acquisition in early 2009 of the international business of GAB Robins (excluding its UK operations) and the U.S. forensic engineering firm, EFI Global, Cunningham Lindsey became the second largest property casualty insurance claims adjusting and risk management firm …

American Bar Association Endorses Navigators’ New Personal Umbrella

Liability insurance underwriter Navigators Management Co., Inc. has partnered with American Bar Insurance Plan Consultants (ABI) to offer personal umbrella coverage for the more than 400,000 members of the American Bar Association (ABA). Navigators said it has tailored a new …

Plymouth Rock Offers Reminder Service for Massachusetts Drivers

Boston-based auto insurer Plymouth Rock Assurance has launched a new program that will allow any Massachusetts driver to receive free e-mail reminders 30 days before their license renewals, registration renewals and annual auto inspections. This program is an expansion of …

AIU’s New ReBuild Insurance Serves Large Public Works Projects

AIU Holdings has introduced ReBuild, a suite of insurance and risk management products for states and municipalities receiving federal stimulus monies from the American Recovery and Reinvestment Act of 2009 funds for use in large infrastructure projects. ReBuild covers project …

Ratings Recap: Georgia Farm, Okla. Farm, State Auto, Premier, Medmarc

A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to “bbb+” from “a-” of Georgia Farm Bureau Group and its members, Georgia Farm Bureau Mutual Insurance Company and Georgia Farm …

Northeast Bank Expands Insurance Agency Presence in Maine

Northeast Bank Insurance Group has expanded its presence in Southern Maine, adding Goodrich Insurance Associates of Berwick to the list of what is now eight agencies the bank has acquired in the last two years. In connection with the acquisition, …

Marsh Partners with Executive Search Firm to Increase Diversity

Marsh & McLennan Companies Inc. and executive search firm Heidrick & Struggles International Inc. have agreed to partner on a recruitment initiative to help attract a more diverse talent pool to MMC. Under the agreement, Heidrick will give at least …