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

US to Host Major Economies Climate Forum in New York

The United States will host a meeting of the world’s biggest economies in New York to discuss climate change on Monday and Tuesday [next week], the U.S. State Department said. The Major Economies Forum will bring together 16 of the …

Hurricane Igor Weakened But Still Strong

Hurricane Igor has weakened a little, but still remains a large and powerful hurricane, the National Hurricane Center reported this morning. The hurricane was about 1,000 miles southeast of Bermuda. It was moving at about 10 mph and has sustained …

New Jersey Advances Bill Hiking Cell Phone Fines

New Jersey lawmakers have advanced a bill that would impose heftier fines for talking or texting while driving. The bill approved Monday by the Senate Law and Public Safety Committee would double the fine for first offenses to $200 for …

One Dead, Three Injured in Yale Construction Accident

A steel beam collapsed at a Yale University construction site, killing one person and injuring three others. New Haven, Connecticut mayor’s office spokeswoman Jessica Mayorga says four people were trapped when the beam fell Monday morning. Yale-New Haven Hospital spokesman …

Marsh Expands M&A Practice

Insurance broker Marsh has added five industry veterans — four from competing broker Aon — to its private equity and mergers and acquisitions practice James O’Brien, Jason Hawkins and Craig Warnke join Marsh as managing directors, and Jim Beatty and …

U.S. Judge Sets December Date for Health Care Suit Hearing

A Florida judge said Tuesday he would hear arguments Dec. 16 on a lawsuit by 20 U.S. states seeking to block President Barack Obama’s overhaul of the U.S. health care system. U.S. District Judge Roger Vinson, who is weighing a …

Aflac Expands Presence in South Carolina

South Carolina’s governor, Mark Sanford, and its insurance commissioner, Scott Richardson, were both in Columbia this week to help Aflac Group Insurance announce a major expansion of the Group’s presence in the city. Aflac Group Insurance has leased another 27,000 …

AIG, U.S. Repayment Talks Advancing, Sources Say

American International Group Inc.’s talks with the U.S. Treasury Department over repayment of bailout funds have advanced past initial discussions, a source familiar with the matter said. A possible conversion of the Treasury’s $49 billion preferred stake in AIG into …

Brady Named Marketing VP at Sparta

Connecticut-based Sparta Insurance has named Gerald W. Brady as vice president of marketing. Brady’s responsibilities include business acquisition and development of multi-line specialty commercial programs underwritten by expert program administrators. Prior to joining Sparta, Brady was vice president at Arthur …

Hall Named AmCom COO

AmCom Insurance Services Inc. announced the appointment of David Hall as chief operating officer. Hall will have oversight responsibility for the company’s agency, underwriting and claim operations. Hall has more than 20 years of experience in the commercial property and …