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

Lack of Winter Snow Raises Canadian Forest Fire Concerns

Two Canadian provinces are worried about an early start to this year’s forest fire season because of below-normal winter snowfall and dry spring conditions. British Columbia has put fire-fighting aircraft on 48-hour alert, something they do not normally do until …

EU Trade Chief Says U.S. Must Make First Move to Restart Doha Round

The European Union cannot make more concessions on farm trade to restart stalled world trade talks and the United States must make the first move, the EU’s new trade chief said on Monday. The ball was not in the EU’s …

Argo Group Estimates Q1 2010 Cat Losses at $25 to $35 Million

The Bermuda-based Argo Group International Holdings announced that it expects its initial loss estimate from first quarter 2010 catastrophe events that have occurred to date will be $25 to $35 million, net of reinstatement premium and tax benefits. Argo said …

MMIC Group Promotes Pearson to Vice President of Underwriting

Minneapolis-based MMIC Group has promoted Jeff Pearson to vice president of underwriting. Pearson joined MMIC as senior underwriting manager in 2003. He has worked in the insurance industry for more for 22 years. Pearson began his career as an underwriter …

Former California State Fund President Earned $1.6 Million

The ex-president of California’s largest provider of workers’ compensation earned more than $1.6 million in her two years on the job, according to a Los Angeles Times report. Janet Frank, 58, was hired in 2007 to oversee State Fund after …

Monarch E&S Offers Medical Marijuana Program in California, Hawaii

Monarch E&S Insurance Services has a new medical marijuana program available to California and Hawaii agents. This program for medical marijuana dispensaries is offering a package, property and general liability coverages, and can include limited theft coverage on stock/inventory. Property …

Hiscox Appoints Bach as Branch Manager in New York

Specialty insurer Hiscox has appointed Carl Bach as branch manager of the firm’s New York insurance operation. Bach, executive vice president, will oversee the development and management of broker relationships and managing business operations for the New York region, which …

Starr Surplus Lines Offers Program for Architects, Engineers, Contractors

Starr Surplus Lines Insurance Co., Inc., an indirectly wholly owned subsidiary of Starr International Co., Inc., has created Starr Pro for Architects, Engineers and Contractors. Starr Pro for Architects, Engineers and Contractors is a program of primary and excess professional …

Report: Nurse Assistants Rehired After Misconduct

A California state Senate report said nurse assistants who lost their certification over abuse, negligence or theft in nursing homes were able to go to work as caregivers in assisted living facilities because of a computer tracking loophole. A Senate …

Bank Robberies Most Likely to Happen on Tuesdays, FBI Says

Bank crimes most frequently occur on Tuesdays. Regardless of the day, the time frame when bank crimes happen most frequently is between 9:00 a.m. and 11:00 a.m That’s according to the FBI, which just released a report showing that during …