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

Figueredo to Oversee Diversity Efforts at The Hartford

The Hartford has named Grace Figueredo as vice president of diversity and inclusion. Figueredo will lead diversity, inclusion and cultural awareness within the insurer and will oversee strategies that drive employee engagement and extend contemporary work practices to meet the …

ACE Will Acquire Rain And Hail Insurance Service for $1.1B

Insurer ACE will pay $1.1 billion to acquire the outstanding common stock of Iowa-based Rain and Hail Insurance Service Inc., the second-largest crop insurance underwriter in the U.S. and Canada. ACE already owns roughly 20 percent of Rain and Hail’s …

Virginia County Goes After Distracted Drivers Who Text

Yes, it’s illegal to text while driving in Virginia, just as it is in 29 other states. And yes, police see the same things on the roads that all motorists see: distracted drivers paying more attention to their cell phones …

New York Senator Proposes Bill Targeting Recalled Food

Senator Kirsten Gillibrand (D-N.Y.) is proposing a federal law that would force grocery stores to notify shoppers about food recalls. Gillibrand said Sunday that under her bill, stores that sell recalled food would be required to post notices in the …

Jury Sets Home Values in Pennsylvania Town Hit by Mine Fire

A Central Pennsylvania jury has set values for homes in a central Pennsylvania town decimated by a mine fire at values far below those sought by homeowners who are challenging the state’s condemnation of their property. Tommy Hynoski said his …

Correction: Star Casualty Insurance Co.’s Ratings Affirmed

Correction: Insurance Journal regrets an error in the original headline of this story, posted on Sept. 13, 2010, that incorrectly stated Star Casualty’s ratings were downgraded. Star Casualty’s ratings were affirmed. A.M. Best has revised the outlook to negative from …

Matson, Norris, Hall and Hayes Join Wholesale Trading Co-Op

Wholesale Trading Co-Op LLC has added Erik Matson, Bruce Norris, Kenyon Hall and Joe Hayes to its wholesale professional and leadership group. Matson will be a managing partner, bringing more than 25 years of insurance underwriting, reinsurance, specialty program development, …

Oregon Clarifies Credit Scoring Re-Rating Rules

The Oregon Insurance Division has issued a bulletin to clarify the use of consumer credit information for personal insurance policies. According to the Department of Consumer and Business Services, Senate Bill 377 passed in the 2009 Legislative session, expanding the …

Heffernan Financial Services Names Dreher VP

San Francisco-based Heffernan Financial Services, a division of Heffernan Insurance Brokers, has added Robert J. Dreher as vice president and chartered retirement plans specialist to its Financial Services division. Prior to joining Heffernan, Dreher was a financial advisor for Ameriprise …

California Workers’ Compensation Institute Assists With Posting Requirements

The California Workers’ Compensation Institute (CWCI) announced it has newly revised DWC-1 claim form/Notice of Potential Eligibility (NOPE), as well as English and Spanish versions of its new hire pamphlet (Facts About Workers’ Compensation) and its workers’ compensation posting notice …