June 21, 2010
Welcome to the first edition of Rupp’s Risk Management & Insurance Commentary This commentary will be published each Monday and is designed to stimulate an exchange of ideas between risk management and insurance professionals with the author acting as the …
June 21, 2010
A judge has ordered a man convicted of harboring a dangerous dog to take out a $50,000 insurance policy on the boxer mix named Astro if he doesn’t want it euthanized after it attacked a woman and killed one of …
June 21, 2010
The Navigators Group, Inc.’s principal underwriting agency subsidiary, Navigators Management Company, Inc., has introduced a combined products-completed operations and errors & omissions liability insurance product called life sciences research related liability coverage, which was specifically created for contract research organizations …
June 21, 2010
The first hurricane of the current season has formed in the Eastern Pacific. The storm, named Celia is being tracked by The National Hurricane Center in Miami and Risk management Solutions. On its current course it poses no threat to …
June 21, 2010
San Gabriel Valley, Calif., chapter of the Chartered Property Casualty Underwriters Society has installed its 2010-2011 officers and directors. The officers are: President Heather Reynolds of Zenith; Vice President Tracy Stevenson of Tokio Marine Management; Secretary George Khoury of K-KICS …
June 21, 2010
Birmingham, Ala,-based CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T, has signed an agreement with TB&C Wholesale Insurance Services to combine two of the California offices of both companies. The combined offices will operate as CRC Insurance Services …
June 21, 2010
Recent severe flooding in Oklahoma, on top of extensive damage caused by violent storms in May, have caused headaches for property owners and insurers alike in that state. The June deluge caused additional to homes of some residents still waiting …
June 21, 2010
Bailed out insurer American Insurance Group and China Strategic Holdings Ltd have agreed to extend the deadline for completing AIG’s planned $2.2 billion sale of its Taiwan unit. While the extension could help AIG and its buyers address concerns from …
June 21, 2010
Owners of nearly 800 properties in a western Indiana town could be forced to buy flood insurance unless the town can provide federal officials proof that its levee system will provide protection. The Federal Emergency Management Agency plans to end …
June 21, 2010
A.M. Best Co. announced that it has affirmed the ratings of Chicago-based Chartis Specialty Insurance Company “in conjunction with its recent membership in the Lexington Insurance Pool. The company was previously a member of the Chartis U.S. Insurance Group. Best …