May 11, 2009
A 49-year-old Maine man who was accused of working under the table for Saco-area hotels while collecting workers’ compensation benefits has been sentenced to eight months in jail for theft by deception. Kenneth Villella, who was sentenced last week in …
May 11, 2009
Heavy rains caused flash-flooding this past weekend in southern West Virginia, closing many highways, forcing residents from their homes and prompting Gov. Joe Manchin to declare a state of emergency. Manchin’s declaration allows him to direct state resources to Boone, …
May 11, 2009
The small community of Mennonites that multiplied along a web of dirt roads in rural southeast Georgia has steadily grown the same way it does just about everything: Quietly. The community’s 100 or so members have raised their own church, …
May 11, 2009
The Bermuda-based Everest Re Group has appointed Dominic J. Addesso to the position of Executive Vice President and Chief Financial Officer, effective May 8, 2009. He joins Everest from Munich Re America where he held the position of President of …
May 11, 2009
“More insurance and other financial policies that apply across Europe’s national boundaries must be developed over the next five decades, as large migrant groups join the over fifties as a major market for insurance and other financial services products,” concludes …
May 11, 2009
Bermuda-based Flagstone Reinsurance Holdings announced that Khader Hemsi, CEO of Flagstone Alliance Insurance & Reinsurance PLC, will retire from the company. Flagstone Alliance is a wholly-owned subsidiary of Flagstone Re. Hemsi commented: “Flagstone is a dynamic group with a lot …
May 11, 2009
Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker created by Willis, announced the promotion of Nick Cook to Chief Executive Officer effective immediately. Previously a Director and Senior Partner of Glencairn and head of its Property …
May 11, 2009
The Hawaii legislature has voted to expand the jurisdiction of the state’s insurance fraud unit. HB 262 will expand the authority of the insurance division’s insurance fraud investigations unit, rename the insurance fraud investigation branch to prevent, investigate and prosecute …
May 10, 2009
Professional Program Insurance Brokerage based in Novato, Calif., has announced the launch of a new beauty salon program on an occurrence form. The package professional and general liability program on an occurrence form with the option to include property is …
May 8, 2009
Tom Elder has joined the All Risks National Specialty Programs unit as the lead financial institutions underwriter for the new nationwide REO/Foreclosure and Lender Placed Property Insurance Program. At All Risks, he will target commercial banks, credit unions, savings and …