June 17, 2010
West Virginia House Speaker Rick Thompson wants the state to delay workers’ compensation premium increases for volunteer fire departments. BrickStreet Mutual Insurance Co. announced the premium increases in May. Thompson says he’s concerned that many volunteer fire departments can’t afford …
June 17, 2010
The White House offered an explanation Wednesday of how its new independent claims process would work for those harmed by the BP oil spill, including details of a $20 billion escrow account funded by the British oil giant. NEW DAMAGE …
June 17, 2010
U.S. market regulators have closed an investigation of American International Group and some of its executives over the giant insurer’s near collapse in 2008 that led to a $182 billion government bailout, two sources with knowledge of the matter said …
June 17, 2010
BrokersLink, one of the world’s largest independent insurance broker networks whose members manage premium volumes in excess of $7 billion, has added six new international specialized service providers. “The new additions bring the total membership to 64 companies operating from …
June 17, 2010
European Union leaders hope to agree on ways to strengthen budget discipline and economic policy coordination on Thursday to show financial markets they can prevent a repeat of the euro zone debt crisis. Leaders of the 27 member states and …
June 17, 2010
A series of heavy rainstorms has caused rivers and creeks in southern France to rise to unprecedented levels. Flash floods have swept away cars and houses, and directly caused the deaths of at least 20 people, with the toll expected …
June 17, 2010
A bulletin from the UK’s Financial Services Authority (FSA) indicates that its Chairman, Lord Turner, has “welcomed the changes to financial regulation outlined by the Chancellor of the Exchequer in his Mansion House speech this evening, and Hector Sants’ [the …
June 17, 2010
The Utah Chapter of the Chartered Property Casualty Underwriters has installed officers for the 2010-2011 term. Officers include: President Melanie Hamilton of Hamilton Insurance Associates Inc. in Salt Lake City; Vice President Glen Kuball of the Workers Compensation Fund located …
June 17, 2010
EPIC (Edgewood Partners Insurance Center) has added Cheryl Downey as a senior vice president in its San Ramon, Calif.-based Programs Group. She has more than 25 years of experience in commercial property and casualty insurance with a specialty in hospitality …
June 17, 2010
Irwin Siegel Agency, Inc. (ISA) has expanded their youth focused insurance program to include at risk youth, alternatives to incarceration, and youth intervention services. This comprehensive insurance package is tailored to programs that follow a behavior based model and have …