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

Beecher Carlson Names Aon’s Grady to Direct Its ZOOM Risk Analytics

Atlanta-based commercial insurance brokerage and consulting firm Beecher Carlson has appointed Kevin Grady as managing director based in its Nashville, Tenn., office. Grady, who has 20 years of experience in analytics, will focus on the management of Beecher Carlson’s ZOOM …

Dad, Son and Co-Worker Killed in Putrid NYC Well

A man, his son and a co-worker hired to clean a putrid dry well at a waste transfer station died Monday when the son fell into a space filled with toxic fumes and the other two went to help him, …

Former MLB Pitcher Metheney Joins Florida’s Lassiter-Ware Insurance

Nelson Metheney has joined the team of Lassiter-Ware Insurance as a bond producer. Metheney previously worked as the vice president of bonding for Humphrey, Stump and Haynie Insurance in Salem, Virginia. Metheney was also a professional baseball player, pitching for …

Lowery Resigns as President of Lloyd’s North America

LoriAnn Lowery has resigned her position as the President of Lloyd’s North America after a little more than a year on the job. Sue Langley, Lloyd’s Director, Market Operations and North America, said Lowery, who recently married, had resigned for …

Reinsurance Market Remains Stable; Rates Steady, Reports Guy Carpenter

Upward pressure on property/catastrophe reinsurance rates in the U.S. eased at the July 1, 2009 renewal, as capacity in the market remained sufficient without being abundant, according to a briefing published today by Guy Carpenter & Co., LLC. Consistent with …

C.V. Starr Offers Primary General Liability for Commercial Contractors

C.V. Starr & Co. is broadening its product mix with PrimeSTARR, a product for small to medium- sized commercial trade and general contractors. PrimeSTARR is being offered through Starr Indemnity. It boasts primary limits up to $2million/$4million in conjunction with …

Alabama Adopts New Producer Licensing Exams

The Alabama Department of Insurance has begun using new insurance producer examinations, according to Commissioner Jim Ridling said New outlines to be followed in the examinations have been placed on the department’s website. Ridling said the state willl begin using …

Georgia Warns Insurance Agents of Possible Identity Theft Scam

Georgia Insurance Commissioner John W. Oxendine said insurance agents in several states have been called by scammers posing as insurance regulators in order to collect personal data that would make I.D. theft possible. “While we haven’t had any cases of …

AIG Elects New Directors; Few Air Grievances at Annual Meeting

American International Group Inc. got a new slate of government-backed directors at a subdued annual meeting on Tuesday, effectively revamping its board after the insurer’s $180 billion taxpayer bailout. The meeting attracted far fewer investors than in years past and …

Florida Gets Strict About Buckling Up

Florida drivers shouldn’t expect state troopers to let them off with just a warning if they are caught driving with their seat belt unbuckled now that a a new law has gone into effect. The Florida Highway Patrol plans to …