Western National Insurance Group of Edina, Minn., has signed a definitive agreement for the purchase of 100 percent of the stock of Anchorage, Alaska-based Umialik Insurance Co. from UkpeaÄ¡vik Iñupiat Corp. The purchase is subject to the completion of due …
Nearly 5,000 formal complaints from more than 26,000 consumer inquiries on insurance questions have been filed by Coloradoans with the state Division of Insurance. According to the DOI’s annual report on “Complaints Against Insurers,” more than $12 million was restored …
Momentous Insurance Brokerage has named Christopher Wilson a sales executive in its Employee Benefits Department. He will help to expands the company’s West Coast practice in the Sports/Entertainment niche, as well as help to develop the company’s presence with Group …
Worldwide Facilities Inc. announced that Xavier Sepulveda has joined its Irvine, Calif., office as broker on the property team. Sepulveda began his insurance career in 1998 at American International Group. Since then, he has worked at Sherwood, Crump E&S and …
San Diego, CA, 11/04/10 – American Claims Management, Inc. (ACM) announced an expansion in its business relationship with Starr Indemnity & Liability Company (Starr Indemnity), a wholly owned subsidiary of Starr International Company USA, Inc. Effective October 1, 2010, ACM …
It’s time for a change in the property/casualty insurance pricing cycle, says William R. Berkley, founder, chairman and CEO of the W.R. Berkley Corp., and he’s “optimistic” that the cycle will turn sooner rather than later. Speaking at NAPSLO’s annual …
Connecticut-based managing general agency Business Risk Partners has named Mark Bradway as director of broker relations. He has worked in specialty liability for over a decade. He began his career at wholesale insurance broker Swett & Crawford in Los Angeles …
In the ever controversial topic of workers’ compensation insurance in California, State Compensation Insurance Fund President and CEO Tom Rowe seemingly offers a bit of Zen. Rowe, who took the helm of the company in July 2010, readily expects challenges …
The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) said that its political action committee, InsurPac, distributed more than $1.7 million in the 2010 campaign cycle resulting in a 93 percent congressional victory rate. “While the …
The Texas Supreme Court has ruled that a state law limiting corporations’ “successor liability” for personal injury claims from asbestos exposure violates the state constitution when applied to a common law suit that pre-dated the enactment of the law. In …
