Associated Risk Managers (ARM) of Illinois, based in Itasca, Ill., announced that the Prairie State Insurance Cooperative (PSIC) has presented its first dividend distribution at its Annual Members’ Meeting, just four years after the program’s inception. The school districts that …
The deadline is here! Last chance to join the ranks of the industry leaders among privately-held retail independent insurance agencies by completing this quick survey for the 2010 Insurance Journal Top 100 P/C Independent Agencies listing. The deadline for entries …
A jury said he deserved $2.3 million, but appeals judges have thrown out a lawsuit filed by a man hit by a New York City subway train after drunkenly falling on the tracks. A decision released Tuesday says jurors didn’t …
Global insurance brokers Willis Group Holdings has appointed Michael K. Neborak as executive vice president and Group chief financial officer. Neborak will report to Joe Plumeri, chairman and CEO, and will serve as a member of Willis’ Executive Committee. He …
U.S. terrorism insurance purchase rates continued to climb in 2009 as companies of all sizes and across all industries continued to buy terrorism coverage, according to a report by global broker Marsh. Sixty-one percent of firms surveyed by Marsh purchased …
A reckless rigger’s safety shortcuts caused a crane collapse that killed seven people, a prosecutor said as the man’s manslaughter trial began Tuesday. His lawyer said the rigger was being unfairly blamed for bad decisions that set up a vulnerable …
Strengthening its presence in the Florida property/ casualty market, global professional services company Towers Watson has appointed two industry veterans with experience in the state. Robert Betz has been named practice leader for the company’s Florida P/C insurance services, and …
Massey Energy is suing to strip the federal government of its power to influence how coal mines are ventilated. The troubled Richmond, Virginia-based coal company said it would file a federal lawsuit. Massey wants to limit the federal Mine Safety …
Avoca Insurance Holdings has established Manchester Specialty Programs Inc.(MSP) as a national programs platform based in New Hampshire. The company will focus on providing a comprehensive range of coverage to specialty industry sectors in partnership with highly rated carriers. Manchester …
Billboards going up around Michigan are reminding drivers to hold off on text messaging. The Michigan Office of Highway Safety Planning said that the billboards in major metropolitan areas will carry the phrase text back later (“txt back L8R”). They’ll …
