Monthly Archives: <span>January 2010</span>

Lawmakers Turn Up Heat on Treasury Chief Geithner Over AIG

U.S. lawmakers challenged Treasury Secretary Timothy Geithner’s credibility on Wednesday after he said he was not involved in a decision by bailed-out insurer AIG to withhold details about $62 billion paid to banks. Geithner held his ground at a hearing, …

Liberty International Underwriters Restructures Specialty Casualty Unit

Liberty International Underwriters (LIU), a division of Liberty Mutual Group, restructured its U.S. Specialty Casualty unit. The following organizational changes are effective immediately: Carl Pursiano has been named chief underwriting officer, U.S. specialty casualty and senior vice president. In this …

Lorin Joins Drinker Biddle & Reath in New York

Andrew J. Lorin has joined the law firm Drinker Biddle & Reath as a partner in its insurance practice. Lorin, who will be based in the firm’s downtown New York office, most recently served as general counsel of the New …

Mississippi High Court Orders New Trial on Drunk Driving Charge

The Mississippi Supreme Court has ruled that Mary Reed Evans is entitled to present evidence in an effort to disprove prosecutors’ contention that her blood alcohol level was over the legal limit at the time she was driving an automobile. …

Hard Drive Thefts Cost Tennessee Insurer $7 Million

BlueCross BlueShield of Tennessee says the theft of computer hard drives containing personal information on hundreds of thousands of members has already cost the insurer more than $7 million. The insurer has already contacted 220,000 members in Tennessee and elsewhere …

North Carolina Reported 34 Workplace Deaths in 2009

State regulators say there were 34 accidental workplace deaths in North Carolina last year. The numbers released by the North Carolina Department of Labor show that accidental workplace fatalities dropped from 57 in 2008. Construction fatalities remained the highest, with …

Alabama Motel Owner Sued Over Fire Deaths

A wrongful death lawsuit contends a Hoover motel owner and maintenance man are to blame for the deaths of four Mississippi college students in a fire earlier this month. The lawsuit, filed in Jefferson County Circuit Court by by parents …

Insurance Agents 40-and-Younger: What Are YOU Thinking? Exclusive Young Agents Survey

Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Who are you? What do you really think about your career? About your industry? About the older agents …

NSM Acquires Condon & Skelly Collectible Vehicle Insurance

NSM Insurance Group acquired Condon & Skelly Collectible Vehicle Insurance, effective Dec. 31, 2009. Founded in 1965, Condon & Skelly Collectible Vehicle Insurance began as a small niche insurance provider, and claims to be one of the original insurance brokers …

CSE Sponsors Essay Contest To Promote Driver Safety

San Francisco-based Civil Service Employees Insurance Group (CSE Insurance) has launched the 2010 CSE Youth Scholarship Program, an annual essay competition designed to promote awareness of driver safety among young people. As part of the program, CSE will designate $12,000 …