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

Floods, Landslides Kill 37 in China

Rescuers in China were searching Tuesday for 30 people buried in landslides as flood waters from days of heavy rain surged past the Three Gorges Dam, the world’s largest. Soldiers used bulldozers to plow through debris in search of survivors …

Bowring Marsh Opens New Office in Hong Kong

Bowring Marsh, the Specialist International Placement Broker at Marsh, has expanded its footprint in Asia with the opening in Hong Kong of its ninth office, specializing in property, earthquake, business interruption and casualty risks. The Hong Kong office “provides greater …

V3 Launches Auto Dealer Program with Optional ‘Red Flags’ Coverage

V3 Insurance Partners LLC, a specialty multi-line managing general underwriter, has introduced a multi-line insurance program for auto, truck and RV dealerships, wholesalers and auto auctions. Called DealerV3antage, the program is designed specifically for small to mid-sized, rural and suburban, …

Medicus Receives Approval to Insure Alabama Physicians

Medicus Insurance Co. received its approval from the Alabama Department of Insurance to offer coverage to the physicians and surgeons in the state. Medicus’ rates and form filing was approved July 14, 2010. Medicus is admitted in 25 states and …

Drivers Beware: Lindsay Lohan Offers Lessons in Auto Insurance

In all the commotion of Lindsay Lohan’s fall from grace, little attention has been paid to the impact her risky behavior will have on her insurance — auto, home, life, and health. But consumers can learn from her mistakes, according …

Keller to Oversee Carrier Relations for Keystone Insurers Group

Pennsylvania-based Keystone Insurers Group has appointed David C. Keller as vice president for carrier relations. Keller, is a 25-year veteran of the insurance industry, spent the last four years with Harleysville Insurance Group as relationship manager for KIG, and eight …

Massey Settles Lawsuit Over Miner’s Death for $2.1 Million

Massey Energy has settled a lawsuit filed by the family of a contract worker killed at one of the company’s West Virginia coal mines. Boone County Circuit Court records show Massey paid the family of Steven Cain $2.1 million. Cain …

Bolton & Co. Names Ceballos Assistant VP

Bolton & Co., and employee-owned insurance broker, announced that Esther Ceballos has joined the firm as assistant vice president in the OneSource Division. Ceballos started her insurance career in 1993 and prior to joining Bolton, She worked with a large …

Florida Insurers Need Rate Increases, Says Rating Expert

Florida’s property/casualty insurers appear to have adequate reinsurance and capital in place to withstand at least two major storms this season but their overall fate could hinge on whether they are allowed to raise their premiums as much as they …

Pareto’s Principal and book growth

Pareto’s Principal and book growth Vilfredo Pareto Business management thinker Joseph M. Juran suggested the 80/20 principle and named it after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% …