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

Barney & Barney Adds Aldape to Retirement Services Division

Barney & Barney has added Peggy Aldape to its Retirement Services Division. In her new role as a retirement analyst, Aldape will assist client executives, principals and client managers in the Retirement Services Division. Prior to joining Barney & Barney, …

Business Risk Partners Offers Distressed Banks Coverage

For banks under regulatory oversight, Business Risk Partners (BRP) is now offering professional and management liability protections for distressed community banks, including hard-to-find Regulatory Defense Cover for directors and officers as a result of regulatory proceedings and investigations. While the …

The Hartford Broadens Equipment Rental, Sales Businesses Coverage

Equipment suppliers often have protection needs that extend beyond the scope of a traditional property policy. Whether a business rents tents and tables for special events, sells industrial machinery or leases high value medical equipment, protecting the equipment while it …

Aon Launches Global Energy Risk Engineering Unit

Aon Risk Solutions, the global risk management business of Aon Corporation, has consolidated its energy risk engineering assets around the world to form a new unit, known as Aon Energy. Aon Energy Risk Engineering will leverage the existing technical expertise …

Calif. Workplace Injuries on Decline

While the recession drove California’s average annual employment down 3.7 percent in 2009, the number of work injuries and illnesses reported by California employers showed an even sharper decline, falling 9.2 percent according to the latest figures from the state. …

Accomplice in Ohio Fraud Scheme Sentenced to 6-Month Jail Term

An accomplice in an insurance fraud scheme in Ohio has been sentenced to a six-month jail term and must pay restitution and fines totaling more than $131,000, Ohio Department of Insurance Director Mary Jo Hudson announced. Christopher Davis of Toledo, …

Chubb & Son Appeals Washington Enforcement Action

Chubb & Son announced its attorneys have filed an appeal with the Washington Office of the Insurance Commissioner over enforcement action that would have prevented six of its companies from writing new policies for nine months. The appeal resulted in …

Washington Wants to Raise Workers’ Comp Rates 12%

Washington’s Department of Labor & Industries (L&I) has announced a 12 percent average increase in workers’ compensation insurance premiums for 2011. Average premiums would go up by 6.5 cents per hour worked. The new rates take effect Jan. 1, 2011, …

Chartis to Layoff 2% of Workforce

Global property/casualty insurer Chartis Inc. says it is in the process of laying off about two percent of its workforce as part of a year-end review. “As part of Chartis’ year-end review, we have conducted a resizing of our staffing …

Diaz Joins JDW Insurance Staff in El Paso

W. Martin Yung, president of El Paso, Texas-based insurance brokerage and risk management firm JDW Insurance, announced that Rene Luis Diaz has joined the firm as an account executive in the JDW Commercial Lines Division. He was previously employed as …