A report from Munich Re (www.munichre.com) notes that the first half of 2010 was “marked by an exceptionally large number of natural catastrophes and the scale of the losses they caused.” The reinsurer recorded 440 “events from January until the …
Nevada Department of Business & Industry Director Dianne Cornwall has announced the appointment of Brett J. Barratt as the new commissioner of the Division of Insurance. Barratt replaces Scott J. Kipper, who resigned the position in June. Barratt, an attorney, …
Kent, Wash.-based Bell-Anderson Agency Inc., a regional insurance brokerage, has acquired Pacific Insurance of Spokane, Washi. Terms of the deal were not disclosed. Jim Hunt, president and CEO, said, “the acquisition of Pacific Insurance complements our existing book of business …
New York Superintendent of Insurance James J. Wrynn said his agency will hold a public hearing on August 20 to explore the possibility of increasing insurance capacity in New York by easing access to unauthorized insurers. The New York State …
God only knows what will happen to churches and other nonprofit organizations that say they are struggling for survival because of the Gulf oil spill crisis. Months after the Deepwater Horizon rig exploded and its well started gushing oil, the …
Honolulu-based Island Insurance Co. Ltd. has appointed Lyle Y. Harada as vice president of its claims division. In his position, Harada will be responsible for the strategic planning, development and management of all claims functions. Prior to joining Island Insurance, …
Insurance Brokers and Agents of the West’s (IBA West) education division, Insurance Skills Center (ISC), has entered into an agreement with Cheryl L. Koch, president and CEO of Agency Management Resource Group, for management of ISC education and training programs. …
The Washington state Supreme Court said it’s unconstitutional to require 90 days notice before suing a doctor, marking the second time in less than a year the court has rejected a legislative attempt to reform medical malpractice lawsuits. The court’s …
The average medical malpractice insurance rate increase for New York doctors this year will be five percent. The increase, which took effect July 1, follows two years of rates freezes. New York State Insurance Superintendent James J. Wrynn, who approved …
A New York judge has thrown out the convictions of two former Marsh & McLennan Cos. executives for their roles in an insurance bid-rigging scheme that led to an $850 million settlement with the state. The defendants William Gilman and …
