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

Florida Insurers Head Into Hurricane Season with Fingers Crossed

Florida’s property insurance companies haven’t suffered hurricane losses for nearly five years, but many claim to be losing money even while collecting hefty premiums. It’s a complex paradigm for almost anyone to follow. “We keep going round and round and …

Survivors Can’t Forget Fierce Hurricane That Hit Florida in 1935

The seven elderly guests on stage at Island Christian Church were just kids 75 years ago when a Category 5 hurricane barreled into their homes in the Upper Florida Keys, leaving a trail of destruction and death. A packed crowd …

Family Won’t Seek Class Damages for Pennsylvania Webcam Spying

A lawyer for the family suing a Pennsylvania school district for allegedly spying on students through school laptops says they won’t seek a class-action damage award. Lawyer Mark Haltzman says Lower Merion School District student Blake Robbins only plans to …

CNA Appoints Abercrombie as Commercial Underwriting Officer

CNA has appointed Jamie Abercrombie as commercial underwriting officer. Abercrombie, who has more than 27 years of underwriting experience will be based in Philadelphia. He most recently served as vice president of risk management for Chubb’s Mid-Atlantic region. He began …

Barney & Barney Acquires Virtual Cosourcing Solutions

San Diego-based Barney & Barneyannounced today that it has acquired Virtual Cosourcing Solutions and hired its CEO Stan Lambert as a principal. Lambert has launched the firm’s Specialty Services Divisionto provide the firm a platform to deliver consumer insurance offerings, …

Allied World Launches Management Liability Product Suite

Allied World Assurance Co. Holdings, Ltd. has released its new ForceField management liability product suite. Forcefield offers six coverage components with the option to purchase separate standalone products or a complete insurance package. ForceField’s coverage elements include directors & officers …

Philadelphia Insurance Adds Product for Temporary Staffing Firms

Philadelphia Insurance Cos. has rolled out a new product suite for temporary staffing organizations. The product will include general liability, property, auto, errors and omissions, crime and employment practices liability. Eligible classes of business for this product offering include staffing …

CPCU Chicago West Suburban Chapter Elects Officers

Peter Quirk, a national accounts sales consultant in the Lisle, Ill. office of ISO, has been elected president of the Chicago West Suburban chapter of the Chartered Property Casualty Underwriting Society. Quirk received his CPCU designation in 2007, and joined …

Calif. Insurers Agree to Voluntary Sanctions Against Iranian Government

California Insurance Commissioner Steve Poizner announced that 1,010 insurance companies — more than 75 percent of insurers licensed to do business in California — have agreed to forgo future investments in 50 companies identified as doing business with Iran’s nuclear, …

SullivanCurtisMonroe Adds Taylor as Account Executive

Irvine, Calif.-based SullivanCurtisMonroe has added Taylor Lister as an account executive in its Irvine Office. Lister joins SCM from Hub International, where she was an account executive. Prior to that, Lister held the position of senior sales representative at Liberty …