June 4, 2010
V3 Insurance Partners LLC has introduced “Vantage360 MPL”, its miscellaneous professional liability program. Designed for non-degreed professionals and professional service firms, it includes two revolutionary features: a reputation restoration coverage extension and a consent-to-settle clause with no “hammer” provisions. A …
June 4, 2010
Hiscox USA has expanded its business in its Los Angeles, California office with the addition of underwriters in the allied healthcare professional and general liability; architects, engineers and construction managers professional liability; kidnap and ransom and miscellaneous professional liability product …
June 3, 2010
An uninsured motorist is not entitled to recover non-economic damages for negligence, a California Court of Appeal has ruled. According to documents in Teckla Chude v. Jack in the Box Inc., Teckla Chude went through a drive through at Jack …
June 3, 2010
Washington’s Department of Labor and Industries (L&I) has confirmed that the BP Cherry Point petroleum refinery will not appeal a citation issued earlier in May against the company for 13 serious safety violations carrying a fine of $69,200. BP has …
June 3, 2010
Illinois-based insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., has acquired Joseph James & Associates of Dublin, Ohio. Terms of the transaction were not disclosed. Established in 1989, Joseph James & Associates offers a wide range …
June 3, 2010
Accident Fund Holdings Inc. has created Third Coast Underwriters – a new, Chicago-based, specialty markets operation that will offer workers’ compensation insurance for underserved markets that have complex risks. Third Coast Underwriters will offer policies written on the paper of …
June 3, 2010
Braemar Marine Inc, the marine claims and risk assessment specialist, has expanded its operations in both London and Singapore through with a series of key appointments. Chris Lunda, Formerly the VP of Braemar in the U.S., will assume a new …
June 3, 2010
Property/casualty (P/C) insurers have turned to releasing significant amounts of reserves in the past couple of years, even as the underlying business conditions have deteriorated, but may have to slow this practice, according to Standard & Poor’s Ratings Services. “We …
June 3, 2010
Mark Croucher, an insurance agency owner in Jenks, Okla., has announced his candidacy for the office of state insurance commissioner. Croucher, who specializes in health, life and senior oriented insurance products, began his career in the insurance industry in 1997. …
June 3, 2010
Bolton & Co. announced that Jeannie DeLaura and Michelle Jackson have joined the company as assistant vice presidents. DeLaura will be a property/casualty producer with a focus in the technology industry. Jackson will join the Education Practice Group as a …