The Navigators Group, Inc.’s principal underwriting agency subsidiary, Navigators Management Company Inc., has introduced a foreign package coverage called NAV PAC Global (NPG). Industry veteran Susan Fontaine has been hired to lead this initiative as senior vice president and practice …
Wyoming has the unfortunate record of having the highest rates of motor vehicle fatalities per 100,000 people, with a rate of 24.6, according the U.S. Department of Transportation’s Fatality Analysis. According to the recent report, there were 30,797 fatal motor …
Executives at Florida-based lender BankAtlantic Bancorp Inc. failed to alert investors about risks in its real estate loan portfolio as the U.S. housing market collapsed, a Miami federal jury ruled Thursday in a rare securities fraud class action verdict. The …
The Texas Windstorm Insurance Association (TWIA) announced that maximum limits of liability will remain unchanged for 2011. Effective Jan. 1, 2011, TWIA maximum limits of liability will be as follows: Coverage Current Limits 2010 Limits Effective 1/1/ 2011 Dwellings and …
A federal court forfeiture hearing is set in the case of a former Pennsylvania Superior Court judge convicted of insurance fraud. Michael Joyce, of Millcreek Township, is serving a 46-month prison sentence for collecting $440,000 in a low-speed accident in …
Independent wholesale broker and underwriting manager Burns & Wilcox, based in Farmington Hills, Mich., has acquired NorthCoast Excess & Surplus Agency – a wholesale brokerage and underwriting manager based in Cleveland, Ohio. Jeff Burke, president of NorthCoast Excess & Surplus …
Hunt Valley, Md.-based All Risks Ltd. has named Abby Daugherty an underwriting manager in the Phoenix office. Daugherty has more than a decade of commercial excess and surplus, small account brokerage and contract binding experience. She will expand the Phoenix, …
Markel Corp. has appointed Glen Mangold as managing director for its architects and engineers, agents and brokers, and lawyers product lines. He will be based in Deerfield, Ill., and will report to Gerry Albanese Mangold has more than 23 years …
Pan-American Life Insurance Group (PALIG), which provides insurance and reinsurance internationally, announced that Dr. Jose Antonio Villamil has been appointed to the company’s board of directors. Dr. Villamil has more than 30 years of experience as a business economist, university …
Houston-based HCC Insurance Holdings Inc. has hired Frank Pedicini and Frank Argondizzo to lead the company’s new technical property division based in New York, N.Y. Combined the two bring more than 52 years of experience in underwriting technical property risk …
