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

Louisiana AG Sues Transocean Over Deepwater Horizon Spill

Louisiana Attorney General Buddy Caldwell filed an action against several Transocean entities in federal court for the Eastern District of Louisiana on Sept. 14, 2010, seeking declaratory relief against Transocean in association with the Deepwater Horizon Gulf spill. The complaint …

Indiana Jury Awards $23M in Pesticide Misuse Case

A southern Indiana jury has awarded $23.5 million to a family whose lawsuit alleged that pesticides sprayed in their apartment afflicted two children with severe neurological problems. The Floyd County jury’s verdict came 14 years after Todd and Cynthia Ebling …

Baba Joins Lockton Chicago as Producer

Lockton Cos. has expanded its Chicago team with the addition of Mark Baba as producer. Baba expands Lockton’s depth of expertise in the advertising, publishing and marketing arenas; his extensive knowledge in these industries and negotiation skills will provide clients …

Canal Insurance Names Firstenberg President, CEO

David J. Firstenberg is joining Greenville, South Carolina-based trucking insurer Canal Insurance Co. as president and chief executive officer. Firstenberg succeeds John Pollock, who has served as interim CEO since the retirement of Charles M. Timmons, Jr. in December 2009. …

16 Brokers to Use New Single-Entry Commercial Lines Insurance Exchange

Sixteen insurance brokerage firms have agreed to be the first to use a new Internet-based single entry submission system to transact commercial lines business with carriers, a system that will be made available to all agents and brokers and their …

RMIS Adds Smith as Business Development Manager

Fullerton, Calif.-based RMIS has added Ana Mari Smith to the marketing team as business development manager. Smith most recently worked for a startup general agency in Southern California, but spent the majority of her 20 years insurance experience marketing for …

5 Lessons in Social Networking

Since its inception just a few years ago, social networking has provided both hype and hope for businesspeople. Social networking practitioners in the insurance industry have demonstrated over the past year how to deliver on the hope while moderating the …

Oswald Announces Several Management Promotions

Cleveland-based insurance broker Oswald Cos. has appointed both David C. Jacobs and Robert J. Klonk as president. Jacobs will oversee the firm’s property and casualty risk division and its branch office operations, and continue to serve as chief operating officer. …

Horwitch Named Co-CEO of JMB Insurance

Chicago-based broker JMB Insurance has named Matthew Horwitch as co-CEO. Horwitch will lead the company side-by-side with co-CEO Ken Sacks. Horwitch has 25 years of experience in the industry. He founded his own agency in 1988, which was acquired by …

Senate Panel to Hear Extending Flood Insurance Program This Week

The National Flood Insurance Program (NFIP) is set to expire on Sept. 30, just as the 2010 Atlantic Hurricane Season reaches its height. The House has already passed an extension, while a Senate panel is slated to hear a bill …