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

‘Poor’ Albuquerque Levees Could See Insurance Premium Hikes

Questions about aging river levees in metro Albuquerque, N.M., could mean insurance premium hikes as high as $2,000 annually for thousands of property owners. The U.S. Army Corps of Engineers has rated the condition of the 1950s-era levees as poor, …

Heffernan Insurance Brokers Adds McCaffery as Assistant VP

Heffernan Insurance Brokers has hired Janine McCaffery as assistant vice president, commercial producer in its Palo Alto, Calif., office. McCaffery will expand Heffernan’s large commercial real estate and construction insurance practice in Northern California. McCaffery has 20 years of title …

Insurance Agents: Get Ready for Green Building Exposures

An idyllic, pasture-like setting is not the only green image agribusiness owners would like the public to imagine when they picture their operations — they increasingly want to be known for their “green” environment-friendly buildings, too, according to Scott A. …

OneBeacon Introduces Combination Policy for Contractors

OneBeacon has combined property, equipment breakdown, crime, contractors equipment, builders risk and installation in one policy for the construction industry. The Construction @vantage policy includes 25 new or enhanced coverages, including “green” upgrades; construction documents and models; costs to reerect …

California Workers Compensation Institute Elects 2010 Board

T. Hale Johnston, senior vice president of Employers Compensation Insurance Co., has been re-elected chairman of the board of directors of the California Workers’ Compensation Institute for 2010 at the Institute’s annual meeting in San Francisco. Robert N. Darby of …

U.S. Safety Chief Pressures Mines to Install High-Tech Equipment

America’s top coal mine regulator says he will redouble pressure on the industry to meet a 4-year-old congressional mandate to equip the nation’s underground mines with high-tech communications and tracking gear. Mine Safety and Health Administration figures show 34 mines …

What If Women Ran Wall Street?

If women ran Wall Street, Treasury Secretary Timothy Geithner’s job cleaning up the bloodied financial markets might not be so tough. In opening a Women in Finance Symposium that brought together top female government figures such as Sheila Bair and …

Assemblyman Villines to Run for Calif. Insurance Commissioner

Assemblyman Mike Villines, R- Fresno, made his candidacy for California Insurance Commissioner official by filing the necessary papers at the Fresno County Registrar of Voter’s office. Villines said he is committed to protecting California consumers, keeping insurance affordable and working …

Travelers Construction Develops Product for Tile Contractors

Travelers Construction Insurance has developed a new IndustryEdge product for tile contractors to help manage the need for additional insurance coverage and related services. The new IndustryEdge products include insurance coverages that address commercial general liability, workers compensation, umbrella, contractors …

New Insurance Association Forms in California

A new Broker Insurance Group (BIG) has formed in California, starting with a flagship chapter to serve insurance professionals of the Inland Empire area. Under the leadership of President Sharron Varga, a broker and long-serving member of several industry organizations, …