June 5, 2009
Westbrook, Maine-based Acadia Insurance Co. has named Kevin Seth as assistant vice president of Field Services. Seth will be responsible for providing service to branch offices including document management, policy issuance, rating and other operational areas. He will also be …
June 5, 2009
If Florida Gov. Charlie Crist vetoes a bill designed to deregulate pricing for large national property insurers as appears likely, he will be siding with an appointed official over an influential lawmaker. Crist, who is running for the Senate, will …
June 5, 2009
A year after a New Hampshire man was killed on an Interstate 495 construction job, his parents are campaigning for new rules to improve workplace safety. Robert Augeri of Londonderry died last June on his 31st birthday when a Mack …
June 5, 2009
A deliberately set fire destroyed a topless coffee shop in Vassalboro, Maine early Wednesday, just hours after the owner talked with local officials about making the business more like a strip club, investigators said. The fire at the Grand View …
June 5, 2009
American International Group, Inc. (AIG) announced that an underwritten public offering of 26 million shares of Transatlantic Holdings, Inc. (NYSE: TRH) common stock owned by AIG and its subsidiary, American Home Assurance Co. (AHAC), was priced at a public offering …
June 5, 2009
The Tennessee Senate has passed legislation aimed at making it a crime for adults to host parties where alcohol is available to underage drinkers. The measure sponsored by Republican Sen. Jim Tracy of Shelbyville was approved 27-0 in the Senate. …
June 5, 2009
Florida Gov. Charlie Crist says he’s leaning toward vetoing a bill that would deregulate some premiums for property insurance. Asked he would veto the bill, Crist said he’s “moving in that direction.” He said he thinks deregulation is inappropriate at …
June 5, 2009
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Toronto-based Intact Insurance Group, the former ING Canada Group. It includes Belair Insurance Company Inc. of Montreal, Intact Insurance …
June 5, 2009
The last manual message from the pilot of Air France Flight 447 indicated the plane was headed into a storm. Ten minutes later a flurry of automated messages began: The autopilot had disengaged; a key computer system had switched to …
June 5, 2009
Oregon’s Department of Consumer and Business Services has published a report examining trends in medical costs during 2000-2007. According to the report, for the period studied, total workers’ compensation costs increased at an average rate of 3.4 percent per year. …