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

Zurich Global Corporate in North America Appoints Bergen in Southwest

Zurich, a property and casualty insurance provider globally and in North America, announced that Doug Bergen has been appointed southwest regional property manager for its Global Corporate in North America (GCiNA) business unit. Bergen will be located in Zurich’s Glendale, …

Company Fined More than $1.4M for Worker Death at Houston Facility

Federal regulators have fined a Houston company $1,477,500 for a July 2009 explosion that left a worker dead. The Occupational Safety and Health Administration cited CES Environmental Services Inc. after an investigation into the death of 45-year-old Bruce Clayton Howard …

Chartis Claims Pays $495K Fine in New York

A P/C claims unit of the insurer formerly known as AIG has paid a $495,000 fine to regulators in New York for improper licensing of the business and its employees, according to the latest disciplinary report from the New York …

Florida Doctors Insurance Merges with Physicans Preferred

Florida Doctors Insurance Co. has completed a merger and acquisition of Physicians Preferred Insurance Co. (PPIC), which Florida Doctors said makes it the fourth largest admitted writer of physicians and surgeons medical professional liability insurance in Florida. The transaction was …

Little Joins Cavignac & Associations as Surety Account Manager

Mark Little has been hired by San Diego-based Cavignac & Associates as surety account manager. Little brings to Cavignac & Associates five years of experience in the construction and surety industry. In his new position, he is charged with supporting …

Man Arrested in Massachusetts Arson Spree

Authorities have made an arrest in connection with a fire in Northampton, Massachusetts that claimed the life of an elderly man and his son. District Attorney Elizabeth Scheibel said in a statement that 25-year-old Anthony P. Baye was arrested at …

British Insurer Aviva Purchases Kentucky Firm

British insurance company Aviva PLC has agreed to buy all the shares in River Road Asset Management of Louisville, Kentucky. Aviva did not say what it is paying for the company, which has gross assets of $6 million and $3.6 …

Brown & Brown Executive Henderson to Retire This Year

Florida-based insurance agency giant Brown & Brown, Inc. said that Jim W. Henderson, its vice chairman, chief operating officer and a member of its board of directors, will retire effective in August 2010. In view of his impending retirement, Henderson …

North Carolina Farm Bureau Employee Charged with Embezzlement

A former customer service representative for the North Carolina Farm Bureau Insurance Co. has been arrested on charges she embezzled premium payments from customers. North Carolina Insurance Commissioner Wayne Goodwin reported the arrest of Sheila Carol Williams of Mayodan. Department …

Marsh: Corporate Governance ‘Largely Undeveloped’ in United Arab Emirates

A poll, conducted by Marsh, concluded that “despite the continuing fall-out from the global recession, corporate governance is still a largely undeveloped discipline in the United Arab Emirates (UAE).” The survey of delegates at the Marsh Risk Consulting seminar in …