Monarch E&S Insurance Services has opened new offices in Hawaii and Arizona. The Hawaii office, located in Waikoloa, will be operated by company CEO Derek Borisoff. The Arizona office, located in Chandler, will be run by Senior Underwriter for Commercial …
A battle over liability insurance coverage for groups using Oregon state property is brewing, and the Northwest Civil War Council is right in the middle of it. In 2009, the Oregon State Legislature passed Senate Bill 311, which raised the …
North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new employer. The former employee, David Austin, …
BB&T Tanner Insurance Services has added Brad Orr to its Surety Department, to help grow that business in Northern California. Orr has 30 years of experience. He is currently based in the company’s San Diego office, but is assuming additional …
Brokers Insurance Group (BIG) has named Justin McAdara a director. McAdara has a diverse background, including realtor, insurance marketing representative and professional musician. He was a top producing real estate agent in Rancho Cucamonga, Calif., for over a year when …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …
It takes more than a bad economy and declining prices to weaken property/casualty insurance brokers. Moody’s Investors Service says in its new Industry Scorecard report that the insurance brokerage sector remains financially solid despite the weak U.S. economy and soft …
The U.S. property/casualty industry experienced modest growth in premiums written but overall the industry saw deterioration in underwriting profitability in second-quarter 2010, fueled by trends among personal lines carriers. That’s according to an analysis of newly obtained statutory insurance data …
Former longtime AIG chief Maurice “Hank” Greenberg and another former executive will get $60 million from the company’s insurers to cover legal and other costs as part of a proposed settlement of investor lawsuits, court papers show. The payouts to …
A Victim of the Credit Bubble? In the early 1700s, John Law, a brilliant mathematician, advised the French government their economy could be improved by printing lots of paper money not backed by gold or silver. The key was getting …
