April 2, 2010
The California Court of Appeal has ruled that an insured can recover full defense costs, when an insurer fails to respond with timely defense. According to court documents in Intergulf Development v. Superior Court of San Diego County (Interstate Fire …
April 2, 2010
IMA of Texas Inc., a retail insurance broker and risk management firm, announced that Kyle A. Bailey joined the company as a vice president for employee benefits and property and casualty insurance. Bailey has more than 12 years experience helping …
April 2, 2010
Officially chartered in 2009, the Texas chapter of a national association of African-American insurance professionals has an ambitious goal of becoming the one of the premier insurance associations in the Dallas-Fort Worth area. The Dallas-Fort Worth chapter of the National …
April 2, 2010
Business conditions in the Midwest are generally on an upward swing, according to a survey of supply managers and business leaders in the region. The Creighton Economic Forecasting Group, directed by Creighton University economics professor Ernie Goss, gauges business conditions …
April 2, 2010
A 41-year-old Fort Worth man arrested in March owns the bonding company that cost the New Orleans-based low bidder a contract to build a new $35 million terminal at Monroe Regional Airport. George Douglas Black Sr. was arrested March 26 …
April 2, 2010
Eastern Insurance Holdings Inc. has established a satellite office in Nashville, Tennessee in support of its subsidiary Eastern Alliance Insurance Group (EAIG), which specializes in workers’ compensation insurance. EAIG said it received regulatory approval to write casualty insurance products in …
April 2, 2010
New Jersey-based insurer Selective Insurance Group Inc. says it has begun outsourcing its investment operations to third party managers and as a result, its executive vice president and chief investment officer, Kerry A. Guthrie, has left the company. The company …
April 2, 2010
The Kentucky Senate has used some late maneuvering in pushing a bill aimed at banning people from sending text messages while driving in the state. Senators found a House bill to attach the provisions that would prohibit drivers from writing, …
April 2, 2010
The Michigan Catastrophic Claims Association assessment to insurance companies will be $143.09 per insured vehicle effective July 1, 2010 to June 30, 2011. The current MCCA assessment is $124.89– which is about $20 more than it was the previous year …
April 2, 2010
ACE USA, the U.S.-based retail operating division of the ACE Group, announced executive appointments in its large-risk division, ACE Risk Management. Lou Capparelli has been appointed senior vice president and branch manager, Midwest Region, based in Chicago, Ill. David Zelickman …