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

New York Teen Dumping Garbage Falls in Sewage Pit, Dies

A snow plow might have jarred loose the cover of a sewage pit where a teenager doughnut shop worker fell and died while taking out the trash, investigators said Monday. Amiri Zeqiri, 17, slipped into an open cesspool behind a …

Max Capital to Merge with Harbor Point; Conference Call Today

Max Capital Group Ltd. and Harbor Point Limited announced that they “have unanimously approved a definitive amalgamation agreement for a merger of equals.” Both companies are based in Bermuda. Max Capital is a public company whose shares are traded on …

Colorado Bill Aims to Make Insurance Policies More Readable

The Colorado House is considering a bill that would require that automobile insurance policies, health benefit plans, limited benefit health insurance, dental plans, and long-term care plans that are issued or renewed on or after July 1, 2011, be written …

InsureZone Acquires Nevada Based CMS Agency

InsureZone Inc. announced that it has purchased 100 percent of the assets of CMS Agency Inc. a wholesaler based in Las Vegas. The transaction gives InsureZone, through its wholesale subsidiary AgentSecure, the opportunity to further expand its national platform in …

Package of Oklahoma Workers’ Comp Reform Bills Passes House

Legislation aimed at reforming the Oklahoma workers’ compensation system has passed the state’s House of Representatives. House Bills 1611, 2652, 2658 and 2659 now move to the Senate for consideration. The titles are off the bills, meaning they remain works …

Dallas-Based Van Wagoner Names New Marketing Executive

Van Wagoner Companies Inc., a Dallas-based subsidiary of independent Lloyd’s broker Chesterfield Group, has appointed James V. Flitt as marketing executive and North American marketing director for Chesterfield Insurance Brokers Limited. Flitt has more than 40 years of retail and …

Global Warming Litigation Just Getting Started; Costs Will Be Significant

Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or imploding. One such issue with serious implications for …

Security Breach Notification Laws Reinforce Need for Cyber Insurance

With more than 40 states now enforcing privacy and security breach notification laws, underwriters are working hard to scoop up the business this niche creates, while also tweaking their policy forms to provide the broadest and most comprehensive coverage. Over …

Four Agencies Join ISU Network

ISU International has added four new member agencies in the Midwest:. ISU Insurance Services The Webb Agency of St. Charles, Mo.; ISU Insurance Services Ken Hargis Agency of Terre Haute, Ind.; ISU Insurance Services Cox & Kimball of Bedford, Ind.; …

Colemont Offers Product Withdrawal Program for Non-Food Manufacturers

Colemont Insurance Brokers has designed an insurance program to address the product recall, withdrawal expense, and recall liability exposures of smaller and mid-sized manufacturers of nonfood products with replacement value of less than $100, including items like small appliances and …