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

AmWINS Group CEO DeCarlo Wins Entrepreneur Award

AmWINS Group CEO M. Steven DeCarlo has received the Ernst & Young Entrepreneur of the Year 2009 Award in the Business and Financial Services category in the Carolinas. According to Ernst & Young LLP, the award recognizes “outstanding entrepreneurs who …

Wholesale Brokerage NAPCO Relocates New Jersey Headquarters

Wholesale commercial insurance brokerage NAPCO has relocated its corporate headquarters to an 11,000-square foot office inside the Woodbridge Hotel and Conference Center complex in Iselin, New Jersey. NAPCO says the move was prompted by steady growth in the catastrophic coverage …

Neighbors Sue over Natural Gas Blast in Massachusetts

Residents of a Scituate, Massachusetts neighborhood rocked by a natural gas explosion last year have sued Bay State Gas Co. and the estate of the man who investigators said deliberately caused the blast. David Kupris was killed in the Dec. …

French Official Says No ‘Black Box’ Signals from Flight 447

A French official said sounds detected by search teams in the Atlantic depths are not those of Flight 447’s black boxes. The aide to France’s top transport official, Jean-Louis Borloo, said the “black boxes have not been detected.” The aide …

Willis UK Broker Networks Mark 10 Years, 100 Members

Willis Networks, a partnership between Willis Group Holdings and local, independent brokers in the UK, is this week celebrating its 10th anniversary and 100th member at its annual forum which starts tomorrow. Willis Networks was established in 1999 and is …

Zurich Names Schiavone to Head Global M&A

Zurich Financial Services Group has appointed Paul Schiavone (40, US citizen) to the position of Global Head of Mergers and Acquisitions for Global Corporate, with immediate effect. He will be responsible for developing and implementing the global strategy of the …

Steamship Mutual Publishes 2009 ‘Management Highlights’

Steamship Mutual, a major Protection & Indemnity (P&I) Club, has released its 2009 Management Highlights. “The visual theme of the Highlights this year is the illustration of Steamship Mutual’s qualities and aims through the beauty and diversity of marine life,” …

RMS ‘Underwriting Toolkit’ Provides Instant UK Property Risk Assessment

Risk Management Solutions has launched its “Underwriting Toolkit,” which it describes as “designed to help underwriters and pricing managers accurately assess and rate risk for individual buildings impacted by key UK perils – flood, storm surge (coastal flooding) and windstorm. …

California Governor Proposes Selling Some State Workers’ Comp Insurer Assets

California Gov. Arnold Schwarzenegger is proposing to sell a portion of the state workers’ compensation insurer State Compensation Insurance Fund for $1 billion, Rachel Cameron, deputy press secretary for the governor, confirmed. In his 2009-10 May Revision General Fund Proposals, …

Henry Honored with Texas Agents’ Political Action Award

The Independent Insurance Agents of Texas (IIAT) has named Bill Henry, CEO of Dallas-based McQueary Henry Bowles Troy LLP, winner of the Paige Eiland Award for Voluntary Political Action. As a regional vice president for IIAT’s IMPACT program, Henry has …